See Home Value
$606,615*
Multifamily - Off Market

2221 FRANKFORD AVENUE

PHILADELPHIA, PA 19125
bedrooms
Studio
bathrooms
0 Bath
square feet
2260 Sqft
$459,000 - $561,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Rarely offered value add duplex in the coveted Fishtown area of Philadelphia, Pennsylvania. The Property is ideal for an owner occupant or investor. With new kitchens, bathrooms etc. the rents can be substantially improved from their historical averages. As is, the property is a strong cash flow investment from day one. There is one 4 bedroom apartment and one 1 bedroom apartment. The ground floor 1bd x 1.5ba is leased and has a rear patio and full basement storage as well as washer/dryer. The 2nd floor 4bd x 1ba is vacant and covers the 2nd and 3rd floors. The location is unmatched. This is the most in demand residential submarket in the city in 2021. It's one of the most amenity rich locations in Philly, with multiple parks and some of the city's best restaurants, bars and cafes within a few steps of the front door. Frankford Avenue is known as the hippest street in town. Walkable to Septa Berks Street subway. Property is being sold as is. This is a generational opportunity to acquire a value add duplex in one of the strongest locations for tenant demand in Philadelphia.

The manager has listed the unit size as 2260 square feet.
Unit Size
2,260Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$226
Property Type
Multifamily
Property Taxes
$3,882
HOA Dues
-
Year Built
1875

Price History

Date / Event Date Event Price
Jan 26, 2023 Sold to Leonid Polishuk $585,000
Sold to Leonid Polishuk
May 26, 2021 No longer available -
No longer available
May 4, 2021 Price Decreased $510,000
↓ $15K (2.9%)
Price Decreased
Apr 18, 2021 Listed $525,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
4 Beds
4 Baths
2,400 ft²
$208/ft²
$500,000 May 21, 2023
$500,000 Jul 28, 2023
-
Townhouse
3 Beds
3 Baths
2,086 ft²
$252/ft²
$525,000 Sep 18, 2018
$525,000 Nov 30, 2018
-
Townhouse
3 Beds
2 Baths
2,200 ft²
$205/ft²
$450,000 Nov 30, 2018
$450,000 Apr 12, 2019
-
Townhouse
3 Beds
3 Baths
2,400 ft²
$183/ft²
$438,000 Aug 28, 2019
$438,000 Oct 30, 2019
-
Townhouse
4 Beds
3 Baths
2,500 ft²
$178/ft²
$445,000 May 18, 2022
$445,000 Jul 19, 2022
-
Townhouse
3 Beds
3 Baths
2,112 ft²
$260/ft²
$550,000 Sep 29, 2023
$550,000 Jan 12, 2024
-
House
1 Bed
1 Bath
2,160 ft²
$229/ft²
$495,000 Nov 27, 2023
-
-
Townhouse
5 Beds
2 Baths
2,314 ft²
$194/ft²
$449,000 Dec 2, 2023
-
-
Townhouse
4 Beds
2 Baths
2,340 ft²
$239/ft²
$560,000 Feb 13, 2024
-
-
Townhouse
3 Beds
3 Baths
2,450 ft²
$208/ft²
$509,000 Mar 15, 2023
-
-
Townhouse
3 Beds
3 Baths
2,400 ft²
$229/ft²
$549,000 Feb 21, 2024
-
-
Townhouse
4 Beds
3 Baths
2,400 ft²
$229/ft²
$549,888 Mar 12, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220706
07/06/2022
Loft
-
-
$675,000
bedrooms
Loft
bathrooms
-
-
-
-
Ryan McManus
Compass Pennsylvania, LLC
20210418
04/18/2021
Studio
-
2260 ft²
$525,000
bedrooms
Studio
bathrooms
-
square feet
2260 ft²
-
-
-
-
20191017
10/17/2019
Studio
-
2259 ft²
$699,999
bedrooms
Studio
bathrooms
-
square feet
2259 ft²
-
-
-
-

Building Info

2221 Frankford Avenue 2221 Frankford Avenue, Philadelphia, PA 19125
More about this Building
2221 Frankford Avenue
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About North Philadelphia


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Nearby Rentals

Unit for rent at

$1,450 /mo

  • 1 Bed
  • 1 Bath
Listing by Sharon Pleskov Niv
Unit for rent at

$1,425 /mo

  • 1 Bed
  • 1 Bath
Listing by James Decker
Unit for rent at

$1,275 /mo

  • Studio
  • 1 Bath
Listing by Charles Mertz


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