Description
2478 Frankford Ave,
Philadelphia,
PA
19125
JBMP Group is pleased to extend to qualified investors the opportunity to acquire 2478 Frankford Ave, a 3 unit value-add development located in the heart of Fishtown, Philadelphia. The Property presents the unique opportunity to acquire a well located, cash flowing investment with significant upside potential located in the highly sought after 19125 zip code. The Property is perfectly positioned in the market as a convenient and affordable option for graduate students and young professional renters as rates in 19125 continue to increase dramatically year-over-year. The new owner will have the opportunity to complete cosmetic updates on the units with minor layout changes to increase the rent roll to market rates. The unit mix consists of two (2) two bedroom units, and one (1) three bedroom units. Each unit in the proposed renovation plan would remove a bedroom and bathroom, bringing the layouts up to market expectations with an open-concept floorplan and modern finishes. 3D tours in media section; OM available by request. 24 hour notice for showings.
Listing By: JBMP Group via Data Source: Bright MLS
2759534-PAPH2235418
MLS ID
Price History
date | price | variance | type | global |
---|
8/10/2023 | $728,000 | 2.93 % | Sold | view listing |
6/13/2023 | $750,000 | - | Contract |
5/15/2023 | $750,000 | - | Listed |
listing agent: Jonathan Beaulieu