1 of 38
Tools
Size
2
Bedrooms
1,312 Sq Ft.
interior
Financial
$659,000
Change Currency
$502
Price Per Sqft
$2,704
Annual taxes
Listing Details
Triplex
Property type
1919
Year Built
2039187
Web Id
2757958-PAPH2277398
MLS ID
261
Days Posted
Description
2223 Frankford Ave, , Philadelphia, PA 19125
Major Price Reduction and Updated Rents and Income statement! Want to own a building with a cool new Brewery and 2 apartments? Well then make sure to check out this turnkey 3 unit Commercial Mixed Use Building in the heart of Fishtowns Frankford Avenue Business Corridor. 2023 RE taxes actually DECREASED for this building. Low Annual Real Estate Taxes at $2,704. The 1st Floor commercial space is operated by Brewery ARS under a multi year NNN lease. The 2nd Floor is 2BR/1 Bath and 3rd floor is 1BR/1 Bath. Zoned CMX-2. Updates: New roof, new exterior paint, new brick pointing, new concrete front step, new windows throughout, new carpet throughout, new front door/new brewery door. Apartment 3 had a new kitchen installed a couple years back, newer washer dryer, new lighting fixtures, new bathroom vanity, new carpet, fresh paint. Apartment 2 has fresh paint, newer kitchen countertop, new bathroom vanity, new light fixtures. First floor Brewery has done some major plumbing and electrical upgrades along with lots of aesthetically appealing cosmetics. Very attractive exposed brick and modern look. The Basement also had some plumbing, electrical upgrades and a new Bilco door. Annual Income $52,788. ** 2225-27 Frankford - Vacant lot -4 Story building proposed with 1st fl Commercial and 5 apts above. 2221 Frankford - new construction in process.**
Amenities
- Other
Price HistoryView all +
date | Price | variance | type |
---|---|---|---|
5/20/2024 | $659,000 | - | Contract |
4/19/2024 | $659,000 | 0.15 % | decreased |
2/25/2024 | $659,990 | 5.72 % | decreased |
2/13/2024 | $699,999 | 1.41 % | decreased |
1/26/2024 | $709,999 | - | - |
1/26/2024 | $709,999 | 1.38 % | decreased |
1/4/2024 | $719,900 | - | - |
1/4/2024 | $719,900 | 0.01 % | decreased |
11/30/2023 | $719,999 | 0.69 % | decreased |
9/13/2023 | $725,000 | - | Listed |
6/7/2023 | $747,500 | - | off market |
7/30/2022 | $747,500 | - | Listed |
11/26/2018 | $545,000 | - | Sold |
Listing By: BHHS Fox & Roach-Art Museum via Data Source: Bright MLS
listing agent: Jeffrey George