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