1860 FRANKFORD AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19125
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,664 sqft
Price per Sqft $289
MLS Listing ID PAPH2399154
Style Other
Abv Grd Liv Area 2,664
Originating Board BRIGHT
Year Built 2015
Annual Tax Amount $1,625
Tax Year 2025
Lot Size 1,080 Sqft
Acres 0.02
Lot Dimensions 18.00 x 60.00
Property Description
Discover an exciting investment opportunity in the heart of Philadelphia's trendiest neighborhood, Fishtown. Just minutes from some of the top restaurants in the city like Suraya and Kalaya, this mixed-use duplex is currently turn-key with both commercial and residential spaces fully occupied with great tenants and a year left on the tax abatement. With a prime location and a modern design, this property presents a consistent ease of occupancy for any investor. Fishtown has been experiencing consistent growth, and as the neighborhood continues to evolve, property values are expected to appreciate. The ground and basement levels offer a versatile commercial space with approximately 1,500 SQ FT. The open layout, large storefront windows, and high ceilings provide endless possibilities for a wide range of businesses, from boutiques and cafes to galleries and offices. The upper floors house a spacious 3-bedroom, 2.5-bathroom apartment unit that provides modern urban living at its finest. The unit boasts an open-concept living area, a chef's kitchen with high-end appliances, and elegant finishes throughout. With three bedrooms, including a master suite, and a private balcony, this apartment provides a comfortable and stylish living space for tenants. Currently the two units combined bring in $5,250 a month. With its prime location on a bustling street, the commercial space benefits from high foot traffic and excellent visibility, ensuring a steady stream of potential customers. The property is well-connected with easy access to public transportation like the Market-Frankford line, major roadways like Girard Ave and I-95, and proximity to downtown Philadelphia.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning CMX2
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871524711
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard