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$2,350,000
Est. payment /mo
2,740 Sqft Lot
Active
2414 FRANKFORD AVE Philadelphia, PA 19125
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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Fishtown
MLS Listing ID PAPH2551754
Year Built 2022
Available Date 2025-11-05
Annual Tax Amount $1,650
Tax Year 2025
Lot Size 2,740 Sqft
Acres 0.06
Lot Dimensions 29.00 x 87.00
Property Sub-Type Five Or More Units
Source BRIGHT
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 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.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881000745
Ownership Fee Simple
Special Listing Condition Standard

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