2414 Frankford Ave, Philadelphia, PA 19125

$2,299,000
5,900
SqFt

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List Price
$2,299,000
Price Change
▼ $51,000 1770093164
Days on Market
317
Status
ACTIVE
MLS#
PAPH2551470
Living Area
5,900
Lot Size (Acres)
0.06
Style
Contemporary
Year Built
2022
County
Philadelphia
School District
Philadelphia City

Property Description

Introducing 2414 Frankford Avenue — a turnkey 7-unit investment property, prominently located with 29' feet of prime frontage on one of Philly's most recognizable streets — Frankford Avenue Fishtown. This fully-leased boutique apartment property features six (6) apartments over ground floor commercial space. The ±5900 SF, 3-storey building is comprised of two (2) bi-level 2bd x 2ba units and four (4) 1bd x 1ba units atop 796 SF of prime commercial space, leased to Philadelphia Barber Co. Designed by Canno, the curb appeal emanates along the Frankford Ave corridor — surrounded by some of the city's best restaurants, retailers, cafes and bars. Factory styled oversized windows emit an overflow of natural light in the apartments coupled with slick kitchens and baths, European-inspired finishes, high ceilings, and laundry and storage for convenience. Purchase this irreplaceable multifamily building in a Top-10 USA MSA — the #1 destination to visit in 2026 — where extremely high barriers-to-entry exist. 2414 Frankford boasts a completely walkable setting in Fishtown proper, with an abundance of amenities and conveniences available within a short stroll, such as: The Market-Frankford El train, Shake Shack, La Colombe, Kalaya, Forin, Suraya, LMNO, Goldie, City Fitness, Front Street Cafe, Middle Child Clubhouse, Laser Wolf, Wm. Mulherin's Sons, Pizzeria Beddia, Palmer Park, and more. Fishtown has become a locally-prized destination for top chefs, retailers and creators — and tenants alike. There is no shortage of residential demand in this coveted submarket. There are limited opportunities to invest in high-quality real estate in Fishtown due to its scarcity. High-growth rental submarket. 10yr tax abatement. Minimal OPEX. Enquire within for financials.

Additional Information

Area
19125 (19125)
Subdivision
Fishtown
Taxes
$1650
School District
Philadelphia City
Heating
Central
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Liberty Place. Contact: 6093995454