2558 Frankford Ave
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2558 Frankford Ave
2 Unit Apartment Building $475,000 ($237,500/Unit) Philadelphia, PA 19125
Investment Highlights
- $5,000+/mo rental potential.
- Significant foot traffic near neighborhood staples.
- Completed Exterior & Framed Interior w/ partial plumbing & duct work.
- Very convenient location with an 88 walk score and quick access to the Berks and York stations.
Executive Summary
Incredible commercial mixed use opportunity directly on Frankford Ave flanked by new apartment buildings and many neighborhood favorites including Hello Donuts + Coffee, Lost Bar, Martha, Philadelphia Brewing Company, & Thunderbird Salvage. Very convenient location with an 88 walk score and quick access to the Berks and York stations, multiple bus routes, and on ramp for 95. Built in 2017 with a handsome facade and Andersen windows, the previous owner had plans approved for 1 commercial unit and 2 residential units. The projected spaces are currently framed to original specs with partially installed plumbing, ductwork, and sprinklers and additional materials included in the sale. Commercial unit is a large blank canvas with standing basement, private backyard access, and a large frame window to take advantage of all the walk by traffic. Sunny residential units above are currently framed as 1 bedrooms with spacious open concept living/dining features. Enjoy some passive income with $5,000+ rent roll potential!
Property Facts
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
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Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (85)
PROPERTY TAXES
Parcel Number | 885371800 | Improvements Assessment | $0 |
Land Assessment | $232,400 | Total Assessment | $232,400 |
PROPERTY TAXES
Parcel Number
885371800
Land Assessment
$232,400
Improvements Assessment
$0
Total Assessment
$232,400
zoning
Zoning Code | CMX5 (Mixed Use; 1st floor commercial, two 1 bedroom units) |
CMX5 (Mixed Use; 1st floor commercial, two 1 bedroom units) |
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Presented by
LYL Realty Group
2558 Frankford Ave
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