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Map
$606,615*
●
Multifamily -
Off Market
2221 FRANKFORD AVENUE
PHILADELPHIA, PA 19125
Studio
0 Bath
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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
-
Sold
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
-
Sold
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
-
In Contract
House
1
Bed
1
Bath
2,160 ft²
$229/ft²
$495,000
Nov 27, 2023
-
-
In Contract
Townhouse
5
Beds
2
Baths
2,314 ft²
$194/ft²
$449,000
Dec 2, 2023
-
-
In Contract
Townhouse
4
Beds
2
Baths
2,340 ft²
$239/ft²
$560,000
Feb 13, 2024
-
-
In Contract
Townhouse
3
Beds
3
Baths
2,400 ft²
$229/ft²
$549,000
Feb 21, 2024
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/06/2022
|
|
Loft
|
-
|
-
|
$675,000
Loft
-
|
-
-
|
-
|
Ryan McManus
Compass Pennsylvania, LLC
|
04/18/2021
|
|
Studio
|
-
|
2260 ft²
|
$525,000
Studio
-
2260 ft²
|
-
-
|
-
|
-
|
10/17/2019
|
|
Studio
|
-
|
2259 ft²
|
$699,999
Studio
-
2259 ft²
|
-
-
|
-
|
-
|