ACTIVE

1860 Frankford Ave

Philadelphia PA, 19125

$809,900


$267.65 per sqft

ACTIVE

3,026 sqft

Commercial

Built in 2015

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 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 $5,350 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.

PAPH2295100

MLS ID

May 18, 2024

Updated

Map

1860 Frankford Ave
Philadelphia PA, 19125

Interior Features

Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Electric

Exterior/Building Features

Lot Size

0.02 Acres


Sewer

Public Sewer

Other Property Details

Area Name

PHILADELPHIA


Taxes

$1,629


Tax Frequency

Annually


Days on Market

195


Garage

No


Parking

On Street


View

No


County

PHILADELPHIA


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

2/9/2024

Price Change

$809,900

-2%

Listed by ERIC Andrew Dvotsky, Jason L Rabinovich with BHHS Fox & Roach-Center City Walnut
Listing Contact: 2672434652 

The IDX display contains information sourced from the Bright MLS, Inc. as of 5/18/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 5/18/2024 at 10:09 PM UTC

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