Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1935
Sq.Footage
2,268
Live in One, Rent the Rest: Frankford Quadruplex with CRA Financing and $15,000 in Credits. House hack alert. This property qualifies for CRA financing with just 3% down, no PMI, and an interest rate lower than FHA. Stack a $5,000 lender credit with the Philly First Home $10,000 grant, applied to closing costs or prepaids, and an owner occupant can step into an income producing building for a fraction of what most buyers spend on a single family home. The buyer must occupy the property as their primary residence to qualify. Welcome to a rare multi unit opportunity in the heart of Frankford. This three story brick twin has 4 units with one studio and three one bedroom units, each with its own full bathroom. One front entrance and two side entrances keep resident access simple and private, accessible from the rear of the first floor unit, adds storage or expansion potential. Two units are rented and two are vacant, giving a new owner immediate income plus the flexibility to move in, renovate, or lease at market rates. Total rental potential is approximately $3,000 per month, and the fully renovated building next door shows exactly where this corridor is heading. Frankford keeps you connected: the Market Frankford Line and the Frankford Transportation Center put Center City within easy reach, with shopping and dining along Frankford Avenue nearby. Occupied units require 24 hour notice for showings. Whether you are an owner occupant looking to live nearly payment free or an investor adding a value add asset, this one checks the boxes. Schedule your private showing today.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Above Grade Finished Area
2268.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
-
View
Street
Area & Lot
-
Lot Size(acres)
0.05
-
Lot Size(square feet)
2,000
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Colonial
Price
-
Sales Price
$235,000
-
Tax Amount
$2,658
-
Financing Options
Cash, Conventional, FHA
-
Sq. Footage
2,268
-
Price/SqFt
$103
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
New Construction
NO
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Tax Lot
45
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Maria Maria Quattrone Quattrone, LPT Realty, LLC
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Owner, Chief Executive Officer, Portfolio Advisor
Nick Polinchock
Call Nick today to schedule a private showing.
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