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4324-4326 Frankford Ave 7 Unit Apartment Building $270,000 ($38,571/Unit) Philadelphia, PA 19124
Executive Summary
Seven residential units and two commercial spaces are offered for sale at this property. The residential units are currently vacant and present a value-add opportunity, with framing already in place and cabinets installed, allowing an investor to complete the build-out and customize the finishes. One of the commercial spaces is vacant and was previously operated as a daycare, while the second commercial unit is occupied by an established auto tag business. The seller is seeking a cash offer or financing and the property is located on Frankford Avenue in Philadelphia.
Property Facts
| Price | $270,000 | Apartment Style | Low-Rise |
| Price Per Unit | $38,571 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| No. Units | 7 | Building Size | 5,488 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1910 |
| Zoning | ICMX - Industrial Commercial Mixed-Use is designed to accommodate a mix of commercial and low-impact industrial uses. | ||
| Price | $270,000 |
| Price Per Unit | $38,571 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 5,488 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Zoning | ICMX - Industrial Commercial Mixed-Use is designed to accommodate a mix of commercial and low-impact industrial uses. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Exceptional public transit
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 882930205 | Improvements Assessment | $160,000 |
| Land Assessment | $40,000 | Total Assessment | $200,000 |
Property Taxes
Parcel Number
882930205
Land Assessment
$40,000
Improvements Assessment
$160,000
Total Assessment
$200,000
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4324-4326 Frankford Ave