$267.65 Per Sq Foot $4,348 est/mo Sourced by Back At You

1860 Frankford Ave,Philadelphia, PA 19125

Philadelphia PA, 19125

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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 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.

Details

MLS#PAPH2295100
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2015
Days On Site197
Listing Provided ByBHHS Fox & Roach-Center City Walnut | ERIC Andrew Dvotsky

Features

SQ Feet3,026
ZoningCMX2
Acreage0.02

Market Activity 19125

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Learn More About This Property

StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19125
Area19125
School DistrictThe School District Of Philadelp
Listing VS Median (in 19125)
Price:
$809,900
low | high
Med:
$269,000
100% of Average
SqFt:
3,026
low | high
Med:
1,000
100% of Average
$ / SqFt:
$268
low | high
Med:
$269
49.494505494505% of Average
On Site:
197
low | high
Med:
224.000000
87.946428571429% of Average
Sourced by Back At You
Listing Updated: May 18, 2024 at 5:18:35 PM PDT