8048 Frankford Ave Philadelphia, PA 19136
Holmesburg NeighborhoodEstimated payment $2,862/month
Highlights
- Straight Thru Architecture
- Level Entry For Accessibility
- Dwelling with Separate Living Area
- Wood Flooring
- Forced Air Heating and Cooling System
- Dwelling with Rental
About This Home
Investor Alert! Don't miss this remarkable investment opportunity with a newly renovated, 3-story commercial property, ideally positioned in a bustling business district. This versatile building features 12 private rooms, 4 full bathrooms, kitchen, laundry room, separate foyer, living room, and a full unfinished basement. The adaptable layout opens the door to endless customization options, making it ideal for functional and practical various business models. Situated for easy access, the property ensures convenience for both employees and customers, amplifying its appeal. With its modern facelift, strategic location, and boundless potential, this property is more than a space—it's a gateway to growth in a thriving community. Seize the opportunity to make this property the foundation of your business success! Schedule your showing today.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,989
Year Built
- Built in 1945 | Remodeled in 2024
Lot Details
- 1,809 Sq Ft Lot
- Lot Dimensions are 26.00 x 70.00
- Property is in very good condition
Home Design
- Straight Thru Architecture
- Dwelling with Rental
- Converted Dwelling
- Flat Roof Shape
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- 3,000 Sq Ft Home
- Six Panel Doors
- Wood Flooring
- Fire Escape
Parking
- On-Street Parking
- Off-Site Parking
Outdoor Features
- Exterior Lighting
- Breezeway
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Additional Features
- Level Entry For Accessibility
- Dwelling with Separate Living Area
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 158
- Assessor Parcel Number 882004620
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,181 | $285,000 | $57,002 | $227,998 |
| 2024 | $4,181 | $285,000 | $57,002 | $227,998 |
| 2023 | $4,181 | $298,700 | $59,742 | $238,958 |
| 2022 | $3,609 | $298,700 | $59,742 | $238,958 |
| 2021 | $3,609 | $0 | $0 | $0 |
| 2020 | $3,609 | $0 | $0 | $0 |
| 2019 | $3,609 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $3,449 | $0 | $0 | $0 |
| 2016 | $3,302 | $0 | $0 | $0 |
| 2015 | $3,302 | $0 | $0 | $0 |
| 2014 | -- | $246,400 | $28,973 | $217,427 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | For Sale | $474,900 | -- | $158 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $200,000 | None Available | |
| Deed | $125,000 | None Available | |
| Deed | $60,000 | -- | |
| Deed | $50,000 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | New Conventional | |
| Previous Owner | $150,000 | Seller Take Back | |
| Previous Owner | $49,350 | Commercial |
Source: Bright MLS
MLS Number: PAPH2448350
APN: 882004620
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