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2221 Frankford Ave
Philadelphia, PA 19125

FRANKFORD AVENUE FISHTOWN · Multifamily Property For Sale · 2 Units

PROPERTY FACTS

No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.03 AC
Building Size 2,315 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1900/2017

About 2221 Frankford Ave , Philadelphia, PA 19125

2221 Frankford Avenue in Fishtown is a value add real estate investment located in one of (if not) the most desirable submarkets of Philadelphia, Pennsylvania. Huge investment upside: both units are leased significantly under market. Raise unit 1 rent by 200 per month and raise unit 2 rent by 400 per month and increase gross annual income to 40,800. Also a great opportunity for owner occupied investment. Live in one unit, rent the other. Unit 1 is generous full floor 1bd x 1.5ba plus basement storage and rear patio. Unit 2 is 2nd and 3rd floor 4bd x 1ba bilevel apartment. Total current income is 2800 per month. Site can accommodate up to 3 residential units over retail as a future redevelopment. Prime location within walking distance of all Fishtown amenities. Beer garden, yoga studio, restaurants, cafe, brewpub all on the block! Walk 5 minutes to Septa Berks station and be in downtown Philly in 20 minutes. 48hr notice to show, tenant occupied. This is your chance to own property on the hippest street in the coolest area in all of Philadelphia...Make your move! Being sold as is.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+2 1 - -
4+1 1 - -

zoning

Zoning Code CMX2
CMX2
  • Listing ID: 17491586

  • Date on Market: 10/18/2019

  • Last Updated:

  • Address: 2221 Frankford Ave, Philadelphia, PA 19125

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