2001-5 Frankford Avenue, Philadelphia, PA 19125-1954 $3,350,000
Interior Sq. Ft: 9,120
Acreage: 0.14
Age:0 years
Taxes: $14,242
Design/Type:
Other
Description
"The Fishtown Portfolio" presents a rare investment opportunity to acquire three (3) best-in-class boutique mixed-used properties in the most vibrant location in Philadelphia, Pennsylvania — FISHTOWN. Each building features an instantly recognizable address (Frankford Avenue and Girard Avenue) which insulate the properties and elevate the rentability factor for new ownership. 2301 Frankford = 6 apts + commercial. 2001 Frankford = 8 apts + 2x commercial. 240 E Girard = 9 apts + 2x commercial. Currently in lease-up, these assets benefit from destination ground floor retail/commercial spaces with unrivaled street presence/exposure. Fishtown is known for its world-class culinary environment, in addition to its thriving retail, commercial and residential landscape swelling with positive demand. 28 total units are included within The Portfolio. 7.32% pro forma cap rate. 10 year tax abatement. Enquire within for financials. Photos coming soon.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Central Heating, Central, Central A/C, Natural Gas, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
None
Interior
Luxury Vinyl Plank Flooring
Exterior
Concrete Perimeter Foundation, Fiberglass Roof, Masonry
Lot
Corner Lot, Urban, City View
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Public Elementary (139 schools)
Public Middle (28 schools)
Public High (66 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 302-234-6089
Listing Courtesy of: Keller Williams Liberty Place , (609) 399-5454, paul@teamoceanside.com
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 12/28/2024.
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.