Courtesy of: Century 21 Advantage Gold-Elkins Park
Days On Market: 26
Year Build: 1920
Square Footage: 2,553 Sq ft
Address: 4328 FRANKFORD AVE
Exceptional opportunity! Mixed use three story building on Frankford Ave, convenient to public transportation. First floor is the commercial space with rear storage, powder room, and kitchenette. First floor exits to the backyard and provides access to the basement. A separate entrance provides access to the second and third floors each with two, one bedroom apartments. The third floor provides access to the roof. The apartments are all electric, heating and cooking. Tenants pay their own electric bill. The building has a fire alarm system, CO2 pull alarms, and security cameras in the hallway and outside the building. All four units are occupied. Rental assistance is provided to three tenants through Section 8 and a fourth tenant through the Bridge Program. Leases are available for review. Cap rate 13%. Commercial space is currently used by the Property Manager for storage and as a work area. It can be rented for $500-$1000/ month., increasing the income potential. Property is being sold As Is. Commercial space will be cleared prior to Settlement. 24 hour notice required for showings. Showings Monday through Friday.
Courtesy of: Century 21 Advantage Gold-Elkins Park Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 25th September, 2022 2:22 PM (UTC)
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Claudia Cornejo Licensed in VA(#0225080249), MD(#618101), DC(#SP98368085) Cornejo