2554-56 Frankford Avenue

Philadelphia, PA 19125

$2,100,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Discover a prime investment opportunity in the heart of East Kensington, where these two meticulously designed triplexes at 2554-56 Frankford Ave redefine urban living. With luxurious spaces and a secure future backed by 10-Year Tax Abatements through 2033, these residences promise both immediate returns and enduring growth. Nestled amidst the East Kensington renaissance, these triplexes stand at the epicenter of a thriving community. The area is undergoing transformative projects, ensuring continuous...Discover a prime investment opportunity in the heart of East Kensington, where these two meticulously designed triplexes at 2554-56 Frankford Ave redefine urban living. With luxurious spaces and a secure future backed by 10-Year Tax Abatements through 2033, these residences promise both immediate returns and enduring growth. Nestled amidst the East Kensington renaissance, these triplexes stand at the epicenter of a thriving community. The area is undergoing transformative projects, ensuring continuous appreciation for your investment. Each building comprises two generous two-bedroom, one-bathroom units and one expansive three-bedroom, three-bathroom bi-level unit, offering ample living space tailored for modern lifestyles. Adorned with top-notch features, including modern tile, flooring, and cabinet finishes, complemented by energy-efficient LED lighting, these triplexes offer both functionality and elegance. Unit One boasts a private backyard, offering a tranquil oasis in the midst of the city. Unit Three features a private roof deck access, providing breathtaking views of the cityscape and the iconic Philadelphia skyline. Enjoy seamless access to Center City and beyond, thanks to the proximity to the Market-Frankford Line. Additionally, you'll find yourself steps away from the vibrant culinary scene, with flourishing restaurants, bars, and coffee shops lining Frankford Avenue. These income-producing properties are not just residences; they are assets that promise both immediate returns and long-term growth. Don't miss this chance to enhance your investment portfolio with properties that align with Philadelphia's promising future. The opportunity to own these triplexes won't last long. Schedule an appointment today to experience the charm and potential of these East Kensington gems.
  1. Listed by Daniel J. Demers • Sell Your Home Services
    P: (888)-219-3009 mlsbydan@gmail.com

Property Details for 2554-56 Frankford Avenue

Tax ID Number
885371560
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
No
LISTING UPDATED: 11/10/2024 02:21 PM

Property Details for 2554-56 Frankford Avenue

StatusActive
MLS #PAPH2418648
Days on Market5
Taxes$3,173 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2023
Lot Size0.03 AC / 1,147 SF
CountyPhiladelphia County

Building Information for 2554-56 Frankford Avenue

Stories-Residences4Year Built2023Building Size-Lot Size0.03 AC / 1,147 SF

Property Information for 2554-56 Frankford Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19125 (19125)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $226,700
  • Year Assessed: 2024
  • Land Assessed Value: $226,700
  • Zoning: CMX2
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 2
  • Units Furnished: None
  • Number Of Units Vacant: 6
  • Number Of Units Month To Month: 0
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: .00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 20.00 x 71.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1066309
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Street Lights
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Energy Star Cooling System, Heat Pump(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump - Electric BackUp
  • Heating Fuel: Electric
  • Hot Water: None
  • Water Source: Public
  • Sewer Septic: Other
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Greater Harrisburg Association of REALTORS

Property History for 2554-56 Frankford Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2554-56 Frankford Avenue

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Brown Henry A School
PublicPK to 8

Kensington Culinary Arts
Public9 to 12

Kensington HS
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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2554-56 Frankford Avenue is a multi-family home for sale in Philadelphia, PA 19125. This property was listed for sale on November 10, 2024 by Sell Your Home Services, it's currently listed at $2,100,000. It has been on the market for a total of 5 days and was last sold on February 25, 2021. This listing's school district is The School District of Philadelphia. Nearby schools include Brown Henry A School, Kensington Culinary Arts and Kensington Creative & Performing Arts High School. 2554-56 Frankford Avenue is a 0-bed, 0-bath, multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sell Your Home Services

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.