Views - New Construction - Eco Friendly
Address
2554-56 Frankford Avenue, Philadelphia, PA
Price
$ 2,100,000
Property Attributes
- MLS#PAPH2283906
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19125
- Zip19125
- Style
- Year Built2023
- Taxes$ 3173
- Price$ 2,100,000
- Bedrooms14
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property 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 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.
| Price History | |
|---|---|
| 11/3/2023 | Listed $2,100,000 |
General Features
| Sewer | Other |
|---|---|
| Heating | Heat Pump - Electric BackUp |
| Cooling | Energy Star Cooling System,Heat Pump(s) |
| Possession | Immediate |
| Exterior Features | Street Lights |
| Zoning | CMX2 |
| Pool Y/N | No Pool |
| Architectural Style | Other |
| Construction Materials | Brick Front,Frame,Metal Siding,Vinyl Siding |
| Year Built | 2023 |
| Electric | 200+ Amp Service |
| Property SubType | Triplex |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | Yes |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | From E Lehigh Ave,turn right to Frankford Ave |
| ModificationTimestamp | 2024-01-16T11:36:08 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 25000 |
| Total Units | 4 |
| MLS Area | 19125 (19125) |
| Lot Size Square Feet | 1147.00 |
| Tax Assessed Value | 226700.0 |
| Waterfront Y/N | No |
| Street Name | FRANKFORD |
| Tax Annual Amount | 3173.0 |
| Property Condition | Excellent |
| Two Bedroom | 4 |
| Structure Type | Interior Row/Townhouse |
| NumberOfUnitsVacant | 6 |
| Acceptable Financing | Conventional |
| Construction Completed Y/N | Yes |
| Vacation Rental Y/N | No |
| Days on Market | 166 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 93 |
| Buyer Agent Compensation Type | $ |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Basement | Other |
| Flooring | Vinyl |
| Hot Water | None |
| Furnished Units | None |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | AVENUE |
| Central Air Y/N | No |
| LivingAreaSource | Assessor |
| Three Bedroom Units Count | 2 |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Land Use Code | SC |
| Foundation Details | Other |
| Water View Y/N | No |
| Lot Dimensions | 20.00 x 71.00 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 226700.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19125
Price
Taxes
Visits
Year Built
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