$648,500
$659,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
2,316 SqFt
SOLD DATE : 07/09/2024
Key Details
Sold Price $648,500
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,316 sqft
Price per Sqft $280
Subdivision Fishtown
MLS Listing ID PAPH2277398
Sold Date 07/09/24
Style Other
Abv Grd Liv Area 2,316
Originating Board BRIGHT
Year Built 1919
Annual Tax Amount $2,704
Tax Year 2023
Lot Size 1,312 Sqft
Acres 0.03
Lot Dimensions 16.00 x 82.00
Property Description
Major Price Reduction and Updated Rents and Income statement! Want to own a building with a cool new Brewery and 2 apartments? Well then make sure to check out this turnkey 3 unit Commercial Mixed Use Building in the heart of Fishtown’s Frankford Avenue Business Corridor. 2023 RE taxes actually DECREASED for this building. Low Annual Real Estate Taxes at $2,704. The 1st Floor commercial space is operated by Brewery ARS under a multi year NNN lease. The 2nd Floor is 2BR/1 Bath and 3rd floor is 1BR/1 Bath. Zoned CMX-2. Updates: New roof, new exterior paint, new brick pointing, new concrete front step, new windows throughout, new carpet throughout, new front door/new brewery door. Apartment 3 had a new kitchen installed a couple years back, newer washer dryer, new lighting fixtures, new bathroom vanity, new carpet, fresh paint. Apartment 2 has fresh paint, newer kitchen countertop, new bathroom vanity, new light fixtures. First floor Brewery has done some major plumbing and electrical upgrades along with lots of aesthetically appealing cosmetics. Very attractive exposed brick and modern look. The Basement also had some plumbing, electrical upgrades and a new Bilco door. Annual Income $52,788. ** 2225-27 Frankford - Vacant lot -4 Story building proposed with 1st fl Commercial and 5 apts above. 2221 Frankford - new construction in process.**
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning CMX-2
Interior
Hot Water Natural Gas
Heating Baseboard - Electric, Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871541120
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Jeffrey J George • BHHS Fox & Roach-Art Museum
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "