1860 Frankford Avenue, Philadelphia, PA 19125-2416 $769,900

# of Units: 2
Interior Sq. Ft: 2,664
Acreage: 0.02
Age:10 years
Taxes: $1,624
MLS#: PAPH2399154
Design/Type:
Interior Row/Townhouse

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 year left on the 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 $5,250 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.

Taxes: $1,624
Home Assoc: No
Condo Assoc: No
Garage: N
Basement:
Pool: No Pool
School Dist: The School District Of Philadelphia

Features

Utilities
Forced Air Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
On Street

Exterior
Concrete Perimeter Foundation, Masonry

Contact Information

Listing Courtesy of: BHHS Fox & Roach-Center City Walnut , (215) 627-6005

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Listing data as of 3/16/2025.