2558 FRANKFORD AVE Active

Philadelphia,PA 19125

$ 475000

- Bed

- Bath

3600 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $131

Subdivision East Kensington

MLS Listing ID PAPH2378006

Year Built 2017

Annual Tax Amount $3,173

Tax Year 2024

Lot Size 1,147 Sqft

Property Description

Incredible commercial mixed use opportunity directly on Frankford Ave flanked by new apartment buildings and many neighborhood favorites including Hello Donuts + Coffee, Lost Bar, Martha, Philadelphia Brewing Company, & Thunderbird Salvage. Very convenient location with an 88 walk score and quick access to the Berks and York stations, multiple bus routes, and on ramp for 95. Built in 2017 with a handsome facade and Andersen windows, the previous owner had plans approved for 1 commercial unit and 2 residential units. The projected spaces are currently framed to original specs with partially installed plumbing, ductwork, and sprinklers and additional materials included in the sale. Commercial unit is a large blank canvas with standing basement, private backyard access, and a large frame window to take advantage of all the walk by traffic. Sunny residential units above are currently framed as 1 bedrooms with spacious open concept living/dining features. Enjoy some passive income with $5,000+ rent roll potential!

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning CMX2

Interior

Hot Water None

Heating None

Cooling None

Inclusions Uninstalled lumber/materials

Exterior

Waterfront N

Water Access N

Roof Type Flat

Building

Lot Description Rear Yard

Sewer Public Hook/Up Avail

Water Public Hook-up Available

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Acceptable Financing Cash,Private,Other

Listing Terms Cash,Private,Other

Special Listing Condition REO (Real Estate Owned)

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