OPEN HOUSE
Sun May 11, 2:00pm - 3:30pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $77
Subdivision Frankford
MLS Listing ID PAPH2452610
Style AirLite
Abv Grd Liv Area 3,750
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $3,838
Tax Year 2025
Lot Size 2,290 Sqft
Acres 0.05
Lot Dimensions 19.00 x 118.00
Property Sub-Type Detached
Property Description
Historically, this building was always multi-unit. The owner temporarily converted it to single-family to expedite permits, the new layout reflects its multi-unit potential.
ARV $850k++ (income-based valuation)
Property Overview:
• Size: 3,750 SF
• Zoning: RSA-5, previously multi-unit – strong case for grandfathering variance approval
• Current Status: Remodeling underway, available for sale at any rehab stage.
• Completed Work: Architectural plans, framing, new windows, rough plumbing, rough electrical, insulation (in progress).
• Remaining Work: HVAC, drywall, painting, flooring, kitchens, and bathrooms (Estimated Cost: $120K–$160K).
Flexible Investment Options:
• 5 Apartments (Variance Required):
o Units of 2BR/1BA, potential rents up to $1,500/month.
o Total projected rent: $7,300/month.
• Group Housing/Assisted Living (10-12 Bedrooms):
o Ideal for sober living, transitional housing, veteran programs, or assisted living.
o Projected rents: $7,000–$8,400/month.
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning RESID
Rooms
Basement Full, Rear Entrance, Side Entrance, Space For Rooms, Unfinished
Interior
Hot Water None
Heating None
Cooling None
Fireplace N
Heat Source None
Exterior
Water Access N
Roof Type Asphalt
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style AirLite
Additional Building Above Grade, Below Grade
Structure Type Unfinished Walls
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 232434100
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Variable
Listing Terms Cash, Variable
Financing Cash,Variable
Special Listing Condition Standard
