2516 Frankford Ave | Philadelphia, PA 19125
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- LoopNet Team
2516 Frankford Ave
Philadelphia, PA 19125
Multifamily Property For Sale · 6 Units
Investment Highlights
- Eligible for a 10 year tax abatement upon completion of construction
- Located in a Qualified Opportunity Zone
- Central to large and midsize development
- CMX-2 Zoned for commercial, 5 residential units above - 1 & 2 bed units & roof deck
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 6,000 SF |
| Property Subtype | Apartment | Average Occupancy | 0% |
| Apartment Style | Low Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1875 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 6,000 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1875 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $1,913 | 458 - 980 |
| 2+1 | 1 | $2,124 | 982 |
| 2+2.5 | 2 | $2,124 | 981 - 984 |
PROPERTY TAXES
| Parcel Number | 871142200 | Improvements Assessment | $203,760 |
| Land Assessment | $50,940 | Total Assessment | $254,700 |
PROPERTY TAXES
Parcel Number
871142200
Land Assessment
$50,940
Improvements Assessment
$203,760
Total Assessment
$254,700
zoning
| Zoning Code | CMX2 (Legal 4 unit mixed use with variance for 1 ground level commercial level and 5 residential units on top.) |
| CMX2 (Legal 4 unit mixed use with variance for 1 ground level commercial level and 5 residential units on top.) |
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