Patterson-Schwartz Real Estate2554-56 Frankford Avenue, Philadelphia, PA 19125-1709 $2,100,000
Acreage: 0.03
Age:1 years
Taxes: $3,173
Design/Type:
Interior Row/Townhouse
Description
Discover a prime investment opportunity in the heart of East Kensington, where these two meticulously designed triplexes at 2554-56 Frankford Ave redefine urban living. With luxurious spaces and a secure future backed by 10-Year Tax Abatements through 2033, these residences promise both immediate returns and enduring growth. Nestled amidst the East Kensington renaissance, these triplexes stand at the epicenter of a thriving community. The area is undergoing transformative projects, ensuring continuous appreciation for your investment. Each building comprises two generous two-bedroom, one-bathroom units and one expansive three-bedroom, three-bathroom bi-level unit, offering ample living space tailored for modern lifestyles. Adorned with top-notch features, including modern tile, flooring, and cabinet finishes, complemented by energy-efficient LED lighting, these triplexes offer both functionality and elegance. Unit One boasts a private backyard, offering a tranquil oasis in the midst of the city. Unit Three features a private roof deck access, providing breathtaking views of the cityscape and the iconic Philadelphia skyline. Enjoy seamless access to Center City and beyond, thanks to the proximity to the Market-Frankford Line. Additionally, you'll find yourself steps away from the vibrant culinary scene, with flourishing restaurants, bars, and coffee shops lining Frankford Avenue. These income-producing properties are not just residences; they are assets that promise both immediate returns and long-term growth. Don't miss this chance to enhance your investment portfolio with properties that align with Philadelphia's promising future. The opportunity to own these triplexes won't last long. Schedule an appointment today to experience the charm and potential of these East Kensington gems.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Heat Pump - Electric BackUp, Electric, Energy Star Cooling System, HRV/ERV, Electric, Hot Water - None, Public Water, 200+ Amp Service
Garage/Parking
On Street
Interior
Vinyl Flooring, 9'+ Ceilings
Exterior
Brick Front Exterior, Frame Exterior, Metal Siding, Vinyl Siding, Street Lights
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (135 schools)
Public Middle (26 schools)
Public High (60 schools)
Private (89 schools)
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This report is a detailed community overview for Philadelphia (19125), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 30
- Average salary of people in this community: $54,438
Community Summary
- Population Density (ppl / mile): 16,487
- Household Size (ppl): 2.42
- Households w/ Children: 39%
Housing Inventory
- Owned: 6,709 (57.5%)
- Rented: 3,847 (33.0%)
- Vacant: 1,109 (9.5%)
- Total: 11,665
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 4.3%
- Some High School: 7.8%
- High School Graduate: 24.5%
- Some College: 13.0%
- Associate Degree: 4.2%
- Bachelor's Degree: 28.8%
- Graduate Degree: 17.5%
Income by dollar range
Median Income: $72,990
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $704
- One Bedroom: $1,153
- Two Bedroom: $1,247
- Three Bedroom: $1,612
- Four Bedroom: $2,140
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-429-4500
Listing Courtesy of: Sell Your Home Services , (877) 893-6566
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 11/15/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
