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3078 Frankford Ave, Philadelphia, PA 19134

$349,900
: 11
BD
: 8
BA
: 2,340
SqFt

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List Price: $349,900
Status: ACTIVE
MLS#: PAPH2664034
Subtype: Residential
Style: Straight Thru
Year Built: 1915
Bedrooms: 11
Bathrooms: 8
Full Baths: 4
Half Baths: 4
Living Area: 2,340
Lot Size: 1,914
Acres: 0.04
Subdivision: Kensington
MLS Area Major: 19134 (19134)

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Property Description

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.

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Additional Information

Taxes: $1,569
Property Description: Straight Thru
Zoning: RSA5
Heating: Hot Water
Air Conditioning: None
Levels: Three Or More
Roof: Flat, Rubber
Foundation: Concrete Perimeter
Parking Features: Public
School District: Philadelphia City
High School: Kensington