$1,850,000
11
Beds
3
Baths
4,167
Living Area
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Property Description
38 Frankfort Street, situated in an incredible urban infill location in Jeffries Point, is a desirable, brick multi-story building containing three (3) units with two (2) 4-Bedroom/1-Bathroom units and one (1) 3+-Bedroom/1-Bathroom unit with 4,167 square feet of gross living area in 6,060 square feet of gross area situated upon a 0.08-acre parcel. All units’ feature condo quality finishes with newer kitchens with granite countertops, cabinetry and stainless-steel appliances with dishwashers, renovated bathrooms, hardwood floors throughout and individual laundry. Tenants are responsible for ALL utilities at the Property, including gas powered heat & hot water, separately metered electricity, and city water & sewer. Property is currently assessed at $2,043,400 as Three (3) Condos. Opportunity exists to increase income by converting back into a 3-Unit property and potentially reducing taxes.
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Highlights
- Levels: 3
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 17
- Status: Active
- Property Class: Residential Income
- Stories: 3
- Year Built: 1905
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Additional Details
- Foundation: Other
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
- Lot Features: Other
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Ebr-4
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
- Parking Features: On Street
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $2,043,400
- Taxes: $25,554
- Tax Year: 2026
- Total Rent: $12,100
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