Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1915
Sq.Footage
4,016
Mix-use building in a upcoming area! 8 residential units, 1 store front and 1 office. It is a prime value-add opportunity for investors seeking entry into Philadelphia’s growing multifamily and mixed-use market. Located along the rapidly evolving Frankford Avenue corridor, this property offers strong potential for conversion into a mixed-use asset with ground-floor commercial and residential units above (buyer to verify zoning and permitted uses). The existing structure provides a blank canvas for redevelopment, allowing investors to design an income-producing property tailored to current market demand. The surrounding area continues to see steady growth, with nearby development activity and increasing rental demand driving long-term appreciation. This location benefits from strong visibility, public transit access, and proximity to Fishtown, making it attractive to both residential tenants and small business operators. Ideal for investors looking to execute a value-add strategy, create long-term cash flow, or establish a foothold in an emerging submarket. Four units are rented, two more units are recently rehabbed and waiting for new tenants. Units are offering modern laminate flooring, fresh paint, separate kitchen with oak cabinets and plenty of storage.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Above Grade Finished Area
4016.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.07
-
Property Type
Residential Income
-
Property Sub Type
Townhouse
-
Architectural Style
Contemporary
Price
-
Sales Price
$450,000
-
Tax Amount
$8,776
-
Sq. Footage
4, 016
-
Price/SqFt
$112
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Tax Lot
223
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Eduard Pronay , Anchor Realty Northeast
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Theresa Kehler
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