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3945 Frankford Avenue

PHILADELPHIA, PA 19124
  • $2,775,000
  • STATUS: Active
  • ON SITE: 95 Days
  • ID#: PAPH2207684
UPDATED: 25 min ago
$2,775,000
  • 0
    BEDS
  • 1.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Excellent Multi-Family Development Opportunity to build 162 RESIDENTIAL UNITS BY RIGHT. CMX-2 Zoning offers may options for Development. Situated on 1.8 Acres, the site is comprised of 1 Story 7,760 SQ FT building & Gated Lot with 83 Surface Parking Spaces that is currently leased. Lot Characteristics: 371 x 200, Lot Size: 78, 610 SQ FT & Total Acres of 1.8046. Triple Net Lease, with Annual Rental Income of $130,000 with Annual Increases. An Additional $10,000 in additional annual Billboard Revenue in the Parameter. Conveniently located in the Frankford neighborhood with easy access to 1-95, The Betsy Ross Bridge & US Route 1. Walk Score83, Transit Score 64, Bike Score 66. Just minutes walk from the MFL Frankford TC to 69th St TC at the Erie Torresdale Station - MFL stop. Nearby parks include Frankford Park, Harrowgate Park and Gates Park.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or TALBOT GREENYA GROUP | KELLER WILLIAMS. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-03T14:52:21.627.
www.livelovenorthernva.com/homes/137292999
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3945 Frankford Avenue PHILADELPHIA, PA 19124

  • Price: $2,775,000
  • Status: Active
  • On Site: 95 Days
  • Updated: 25 min ago
  • ID#: PAPH2207684
0
Beds
0
Baths
0
½ Baths
1.8
Acres
Neighborhood:
Frankford
County:
Philadelphia
Area:
19124 (19124)
School District:
The School District Of Philadelphia
Property Description
Excellent Multi-Family Development Opportunity to build 162 RESIDENTIAL UNITS BY RIGHT. CMX-2 Zoning offers may options for Development. Situated on 1.8 Acres, the site is comprised of 1 Story 7,760 SQ FT building & Gated Lot with 83 Surface Parking Spaces that is currently leased. Lot Characteristics: 371 x 200, Lot Size: 78, 610 SQ FT & Total Acres of 1.8046. Triple Net Lease, with Annual Rental Income of $130,000 with Annual Increases. An Additional $10,000 in additional annual Billboard Revenue in the Parameter. Conveniently located in the Frankford neighborhood with easy access to 1-95, The Betsy Ross Bridge & US Route 1. Walk Score83, Transit Score 64, Bike Score 66. Just minutes walk from the MFL Frankford TC to 69th St TC at the Erie Torresdale Station - MFL stop. Nearby parks include Frankford Park, Harrowgate Park and Gates Park.
Exterior Features

Garage YN No Location Type Urban Lot Features Corner Riparian Rights YN No Road Surface Type Concrete Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Property Features

Acceptable Financing CashConventionalOther Assessment Year 2023 Association YN No Building Permits No Building Permits Central Air YN No Condo YN No Construction Completed YN No Cross Street Levick St Current Use CommercialInvestmentMixedMobile/Trailer ParkMulti ResidentialOfficeParkingResidentialStorage YardWarehouseWholesale Federal Flood Zone YN No Historic YN No Horse YN No Lease Considered YN No Lease In Effect Yes Municipality Philadelphia Navigable Water YN N Original MLSNumber 802178562642 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Land Sale Type Standard Sewer Public Sewer Tax Annual Amount 21916.00 Tax Assessment Amount 1565700.00 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 Mile Vacation Rental YN No Water Source Public Zoning Cmx2

Listing courtesy of Re/Max @ Home: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or TALBOT GREENYA GROUP | KELLER WILLIAMS. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-03T14:52:21.627.
 
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