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1860 FRANKFORD AVE PHILADELPHIA, PA 19125
- Commercial / Resale (MLS)
Property Details for 1860 FRANKFORD AVE, PHILADELPHIA, PA 19125
Features
- Price/sqft: $267
- Lot Size: 1080
- Total Units: 2
- Stories: 400
- Heating: Forced Air Heating
- Construction Type: Masonry
- Exterior Walls: Brick
Facts
- Year Built: 01/01/2015
- Property ID: 881750389
- MLS Number: PAPH2295100
- Parcel Number: 87-1524711
- Property Type: Commercial
- County: PHILADELPHIA
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 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.
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Property Brokerage:
Berkshire Hathaway HomeServices Fox & Roach, Realtors
530 Walnut Street, Suite 480
Philadelphia
PA
19106
Copyright © 2024 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.