3078 FRANKFORD Avenue
Property Description
INVESTOR OPPORTUNITY - zoned for FOUR units on Frankford Avenue. Three-story building to be retrofitted into a quadplex: first floor one unit, second floor two units, third floor one unit - 11 bedrooms total, 4 full and 4 half baths as currently configured. Tremendous rental income potential in a high-demand rental corridor. A true value-add conversion opportunity - bring your contractor and your vision. INVESTOR ALERT - INCOME-PRODUCING OPPORTUNITY ON FRANKFORD AVENUE! Discover the potential of 3078 Frankford Avenue, a substantial Philadelphia property configured with 11 rentable rooms and offering an attractive opportunity for an investor, operator, or owner seeking a property with significant income potential. The property is currently generating approximately $5,000 per month in gross rental income, providing an established revenue stream with potential for future upside. Its multi-room configuration offers flexibility for an experienced investor looking to expand or diversify a Philadelphia real estate portfolio. Conveniently situated along the Frankford Avenue corridor with access to public transportation, neighborhood businesses, shopping, and major Philadelphia destinations. Properties with this combination of size, existing income and multi-room configuration can be difficult to find. Whether you're looking for a cash-flowing acquisition or a value-add opportunity, 3078 Frankford Avenue deserves a closer look. Property is being offered in its present condition. Buyer is responsible for independently verifying zoning, licenses, permitted occupancy/use, rental income, room count, and all other information relevant to buyer's intended use. Buyer to verify all zoning. Property is zoned to permit up to four (4) units; conversion of the property to four units is the buyer's responsibility and is subject to all required city approvals and permits. All information deemed reliable but not guaranteed; buyer to independently verify.
Broker Details
Realty Mark (215) 376-4444
MLS ID: 3120869 State License Number: RM044684
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $349,900 |
| No. of Units: | 4 |
| Year Built: | 1915 |
| Lot Size: | 2,340.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $87,475 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TRENDPA-PAPH2682016
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