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2221 Frankford Ave
Philadelphia, PA 19125
FRANKFORD AVENUE FISHTOWN · Multifamily Property For Sale · 2 Units
PROPERTY FACTS
No. Units | 2 | Lot Size | 0.03 AC |
Property Type | Multifamily | Building Size | 2,315 SF |
Property Subtype | Apartment | Average Occupancy | 100% |
Apartment Style | Low Rise | No. Stories | 3 |
Building Class | C | Year Built/Renovated | 1900/2017 |
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 | - | - |
Links
zoning
Zoning Code | CMX2 |
CMX2 |
Learn More About Investing in Apartment Buildings
Listing ID: 17491586
Date on Market: 10/18/2019
Last Updated:
Address: 2221 Frankford Ave, Philadelphia, PA 19125
The Multifamily Property at 2221 Frankford Ave, Philadelphia, PA 19125 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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