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
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
Source BRIGHT
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
"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "
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