12 days on rocket

3112 Frankford Ave, Philadelphia, PA, 19134

$417,000

Home List Price

$4,952*

Closing Credit

0 Baths
2,730 SqFt
$153/SqFt
House

Location

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3112 Frankford Ave, Philadelphia$417,000

Buyer Closing Credits

$4,952*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Street
Year Built1910
HeatingRadiant
CoolingNone
BasementYes
MLS #PAPH2416312
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 3112 Frankford Ave

Welcome to 3112 Frankford Ave, a fantastic investment opportunity in one of Philadelphia’s rapidly developing neighborhoods! This well-maintained, legally zoned 5-unit building offers a mix of 3 two-bedroom units and 2 one-bedroom unit, with a total projected rental income of $4,330 per month. Currently, 3 of the 5 units are occupied by reliable, paying tenants, providing immediate cash flow for a savvy investor or owner-occupant. Each unit has separate gas and electric meters, with the landlord covering the heating and water costs. Recent updates include newer refrigerators and stoves, a newer heating system, along with a certified fire alarm system for added safety. The property boasts a solid structure and a high basement ceiling, adding value and potential for future enhancements. All essential infrastructure, such as gas and electric meters and fire alarms, are in good condition, ensuring peace of mind for any buyer. This rare twin multi-family building is located near the vibrant Port Richmond and Fishtown neighborhoods, known for their dining, shopping, and cultural attractions. The property is also conveniently close to public transportation, I-95, and other local amenities. With a strong potential for appreciation and rental income in a changing area, this property is a rare find. Please note: the property is being sold in AS-IS condition, and a 48-hour notice is required for showings.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1910
  • Living Area: 2,730 SqFt

Listing Office:

  • Office Name: Realty Mark Associates
  • Office Phone: (215) 376-4444
  • Listing Agent: Bei Ou

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: Follow I-95 N to E Westmoreland St. Take exit 25 from I-95 N. Continue on E Westmoreland St. Drive to Frankford Ave

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $417,000
  • Price Per SqFt: $153/SqFt

Tax Information:

  • Annual Amount: $3,211
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

3112 Frankford Ave vs Philadelphia

12 DAYS ON ROCKET

-32 Days

$417,000

+$155.1K More

$153/SqFt

-$46 Less

KEY TAKEAWAY

This property is $155.1K more than the Median Sold Price and $46/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2416312

Listing Office:

  • Office Name: Realty Mark Associates
  • Office Phone: (215) 376-4444
  • Listing Agent: Bei Ou

IDX Information Deemed Reliable But Not Guaranteed. 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 01, 2014Home Sold
$205,000
Aug 10, 2005Home Sold
$102,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,211 -
2019$3,204$228,900
2018$2,938$209,900
2017$2,730$195,000

History based on county public records data.

Payment Calculator

$2,149

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,317

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-710918
3
/10

  • Frances E. Willard School

  • 2900 Emerald St

  • 0.23 miles

  • Public District Grades KG-4

school-card-donut-710919
4
/10

  • John H. Webster Elementary School

  • 3400 Frankford Ave

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-710920
2
/10

  • Philip H. Sheridan Elementary School

  • 800 E Ontario St

  • 0.53 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,568. Residents of Philadelphia, PA typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3112 Frankford Ave

What is the listing price of this property?

The listing price of 3112 Frankford Ave property is $417,000.

What type of property is this?

The property 3112 Frankford Ave is a house located in Philadelphia, Pennsylvania, 19134.

Is this property for sale now?

Active Listing: 3112 Frankford Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,211 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 1, 2014 for $205,000. (source: MLS/tax record).

What is the square footage of this property?

The property 3112 Frankford Ave is 2,730 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3112 Frankford Ave is 1910.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19134›3112 Frankford Ave

This home is located at 3112 Frankford Ave in Philadelphia, PA and zip code 19134 in the Bridesburg / Kensington / Richmond neighborhood. This 2,730 square foot home, which was built in 1910, sits on a 0.04 acre lot. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $417,000.

Over 252 listings were sold over their listed price in October 2024 in Philadelphia, PA. In the same period over 567 listings were sold below the listed price and 237 listings were sold for the listed price. The number of homes for sale in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $261,807.

From Rocket Homes Real Estate and based on county public records data.

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