Residential Income Property with
For Sale
$339,000
1767 FRANKFORD AVENUE Unit A, Philadelphia, PA 19125
First-floor condominium unit with an open living level, two full bedroom baths, and a private patio.
Property Size1,170 SF
Days on Market55
Property Features for 1767 FRANKFORD AVENUE Unit A
General Information
Standard status
Active
Size
1,170 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Kensington
Taxes and HOA fees
Annual Taxes
$4,294
Building Details
Building Size
1,170 SF
Year Built
2016
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Michael Garden · License #RS293814
(215) 500-2981
Source:
Patmckennarealtors
Added: Sep 8
Changed: Oct 31
Last Checked: Nov 1 at 2:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Pennsylvania, LLC
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Investment Insights
Based on property information with market context.
This first-floor condominium unit is part of a 3-unit building completed in 2016. The main level combines living and kitchen areas with solid wood flooring, a modern kitchen, a powder room, and a west-facing bank of windows. A full-light kitchen door opens to one patio, while the primary bedroom includes access to a second outdoor space. The lower bedroom level contains two bedrooms, each with a private full bath, along with light wells that bring daylight into the rooms.
The property is located on Frankford Avenue in Philadelphia’s Fishtown neighborhood, on a residential, tree-lined block. Riverwards grocery store and the Berks Street stop on the El are a few blocks away, with cafes, restaurants, boutiques, and parks also nearby.
The property is located on Frankford Avenue in Philadelphia’s Fishtown neighborhood, on a residential, tree-lined block. Riverwards grocery store and the Berks Street stop on the El are a few blocks away, with cafes, restaurants, boutiques, and parks also nearby.
Key Highlights
- Two‑bedroom, 2.5‑bath condominium unit
- First‑floor unit in a 3‑unit building completed in 2016
- Two outdoor spaces, including a kitchen‑accessible patio and primary bedroom patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,404
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,080
$368.1K
Cap Rate 7%
$262,914
$262.9K
Cap Rate 9%
$204,489
$204.5K
Market Conditions
NOI Build-Up for 1,170 SF
Gross rent
$35.5K $30.36/SF
− Vacancy
−$2.1K −$1.76/SF
EGI
$33.5K $28.60/SF
− OpEx
−$15.1K −$12.87/SF
NOI
$18.4K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,080
Cap Rate 7%
$262,914
Cap Rate 9%
$204,489
Alternative Uses
Best Use
Apartment 5plus
$262.9K
$230.1K – $306.7K
NOI $18,404 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$285.2K
$249.6K – $332.8K
NOI $19,966 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
3,149
Businesses Nearby
Explore this area
Business Placement
Demographics for 19125, PA
25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - First-floor condominium unit with an open living level, two full bedroom baths, and a private patio.
Where is this residential income property located?
The property is located at 1767 FRANKFORD AVENUE Unit A Philadelphia, PA.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Two‑bedroom, 2.5‑bath condominium unit; First‑floor unit in a 3‑unit building completed in 2016; Two outdoor spaces, including a kitchen‑accessible patio and primary bedroom patio
