3515 Frankford Avenue

Philadelphia, PA 19134

$267,500
Price
5
Beds
3
Baths
2,535 Sq. Ft.
$106 / Sq. Ft.
2,535
Sq. Ft.
$106
per Sq. Ft.

Description

Cash Cow fully rented with all long term tenants wanting to stay. Our 1st Floor consists of a commercial space currently rented to Roto Rooter plumbing which only uses it for the address ( rented at $825 per month ). The 1st floor rear hosts a cozy studio apartment with exposed brick, laminate floor, ceiling fan & a full three piece bathroom with access to the rear yard. ( rented at $640 per month with a seasoned 7 yr tenant who pays gas & electric ). The 2nd & 3rd floor host a bi level 5 bed/2Bath...Cash Cow fully rented with all long term tenants wanting to stay. Our 1st Floor consists of a commercial space currently rented to Roto Rooter plumbing which only uses it for the address ( rented at $825 per month ). The 1st floor rear hosts a cozy studio apartment with exposed brick, laminate floor, ceiling fan & a full three piece bathroom with access to the rear yard. ( rented at $640 per month with a seasoned 7 yr tenant who pays gas & electric ). The 2nd & 3rd floor host a bi level 5 bed/2Bath unit with laminate flooring, some closet space and rental grade finishes ( rented at $1788 per month with 8 yr seasoned tenants who pay for electric, gas & portion of water). The spacious and high ceiling unfinished basement offers great potential for finish as it can be accessed from the commercial side or outside velco doors. Public transportation at the door step, 2 min to i95 & NJ with Betsy Ross Bridge, drive to Center city in 15 min. Take over and start cash flowing as soon as the ink dries, Easy to Show !
  1. Listed by Doug Gungor • Coldwell Banker Realty
    P: (267)-455-2613 doug@closeinphilly.com

Property Details for 3515 Frankford Avenue

Tax ID Number
871210150
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
No
LISTING UPDATED: 11/11/2024 10:50 AM

Property Details for 3515 Frankford Avenue

StatusActive
MLS #PAPH2390788
Days on Market82
Taxes$1,711 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1910
Lot Size0.04 AC / 1,828 SF
CountyPhiladelphia County

Building Information for 3515 Frankford Avenue

Stories-Residences3Year Built1910Building Size-Lot Size0.04 AC / 1,828 SF

Property Information for 3515 Frankford Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19134 (19134)
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: $122,300
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $97,840
  • City Town Tax: $753
  • Land Assessed Value: $24,460
  • Clean Green Assessed: No
  • Land Use Code: Y50
  • Zoning: CMX1
  • Tax Lot: 23
  • School Tax: $958
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 2,Unit 3
Multi Family
Unit 1
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 5
  • Full Baths Count: 2
Unit 2
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Full Baths Count: 1
Financial Information
Expenses
  • Insurance Expense: $1,860
Financial Information
  • Net Operating Income: $33,865
  • Annual Rental Income: $39,036
  • Cap Rate: 13.00
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,535.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 22.00 x 83.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1209560
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 3515 Frankford Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3515 Frankford Avenue

Taxable ValueLand$24,460Additions$97,840Total$122,300
Tax Record2023$1,712 ($143 / month)
Home Facts
Total Finished SqFt2,535 SqFtAbove Grade Finished SqFt2,535 SqFtStories3Lot Size1,828 SqFtStyleOffice BuildingYear Built1910ZoningCMX1CountyPHILADELPHIAAPN87-1-2101-50

Schools near 3515 Frankford Avenue

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Webster School
PublicPK to 5

Memphis Street Academy Charter School
Charter5 to 8

Kensington Culinary Arts
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.

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3515 Frankford Avenue is a multi-family home for sale in Philadelphia, PA 19134. This property was listed for sale on August 28, 2024 by Coldwell Banker Realty, it's currently listed at $267,500. It has been on the market for a total of 82 days and was last sold on December 27, 2005. This listing's school district is The School District of Philadelphia. Nearby schools include Webster School, Memphis Street Academy Charter School and Kensington Culinary Arts. 3515 Frankford Avenue is a 5-bed, 3-bath, 2,535 sqft multi-family home built in 1910.

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 Coldwell Banker Realty

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.