3945 Frankford Ave, Philadelphia, PA 19124
- $2,775,000
- List Price
- $2,775,000
- Days on Market
- 34
- Status
- ACTIVE
- MLS#
- PAPH2195160
- Lot Size (Acres)
- 1.8
- Year Built
- 1955
- County
- Philadelphia
- 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.
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Additional Information
- Area
- 19124 (19124)
- Subdivision
- Frankford
- Taxes
- $21916
- School District
- The School District Of Philadelphia
- Heating
- Forced Air
- Heating Fuel
- None
- Cooling
- Central A/C
- Roof
- Flat
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of RE/MAX @ HOME. Contact: (215) 607-3535
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