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2116 N Franklin Street, Philadelphia, PA 19122
$125,000
2116 N Franklin Street, Philadelphia, PA 19122View this property at 2116 N Franklin Street, Philadelphia, PA 19122
2116 N Franklin StreetPhiladelphiaPA19122
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Property Description
Calling all investors! Multi family value add opportunity now available! Upon arrival, you'll notice a well kept block, a ton of new construction and an abundance of street parking on the exterior. From there, high ceilings and fully functional floor plans that are waiting to be repurposed. And finally, a solid foundation and structure throughout the interior. Could it get any better though? It does! This property can be converted into a large by level duplex by right, generate as much as $3500 a month in rent, is the perfect BRRRR candidate and is conveniently situated near Temple university, Center City, Broad St, Roosevelt Blvd, 76 and 95 which will make the commute a breeze. So what are you waiting for? Schedule an appointment to see before it's too late!
Full Property Details
Full Property Details for 2116 N Franklin St
General
- Sold For: $125,000
- Taxes: $2,207 (2023)
- Status: Closed
- Type: Single Family
- MLS ID: PAPH2289878
- Added to Site: 218 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Ludlow
- Subdivision: Ludlow
- Driving Directions: Franklin.
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Electric Available
Structural Information
- Architectural Info: Dutch
- Architectural Style: Dutch
- Structure Type: Detached
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Stone
- Roof: Other
- Windows: Replacement
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 1,500
- Sq. Ft. Source: Estimated
- Living Area: 1,500 Sq. Ft.
- Finished Above Grnd: 1,500 Sq. Ft.
- Year Built: 1960
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 991
- Lot Size Source: Estimated
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $100
- Assessment Year: 2023
- School Tax: $1,211
- City/TownTax: $996
- City/TownTax Freq: Annually
- Tax w/Assessment: $157,700
- Tax Amount: $2,207
- Tax Year: 2023
- Terms: Standard Sale
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Exclusions: Seller's tools and personal property.
- Inclusions: Negotiable.
- Lot Number: 94
Listed by KW Empower, Stephen M Kennedy
Sold by RE/MAX Ready, Daniel Shaifer
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Schools
Schools serving 2116 N Franklin St
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
2101 N Orkney St, Philadelphia, PA 19122 | K-8 | 0.3 mi | |
1901 N Front St, Philadelphia, PA 19122 | 9-12 | 0.8 mi | |
2463 Emerald St, Philadelphia, PA 19125 | 9-12 | 1 mi | |
2051 E. Cumberland Street, Philadelphia, PA 19125 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2116 N Franklin St
Date
Details
Price
Change
Source
2/06/2024
Sold
$125,000
-16.67%
MLS
11/13/2023
Price Reduced
$149,999
-9.09%
MLS
10/20/2023
Listed
$165,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2116 N Franklin Street, Philadelphia, PA 19122 (MLS# PAPH2289878) is a Single Family property that was sold at $125,000 on February 06, 2024. Want to learn more about 2116 N Franklin Street? Do you have questions about finding other Single Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.