1860 FRANKFORD AVE, Philadelphia, PA 19125 - MLS#PAPH2399154

Philadelphia, PA 19125,1860 FRANKFORD AVE

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Olson Realty

[email protected] +1(302) 448-6000

$769,900

Est. payment - /mo

2,664 SqFt

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UPDATED:

10/29/2024 04:23 PM

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,664 sqft

Price per Sqft $289

MLS Listing ID PAPH2399154

Style Other

Abv Grd Liv Area 2,664

Originating Board BRIGHT

Year Built 2015

Annual Tax Amount $1,625

Tax Year 2025

Lot Size 1,080 Sqft

Acres 0.02

Lot Dimensions 18.00 x 60.00

Property 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.

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning CMX2

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871524711

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by ERIC Andrew Dvotsky • BHHS Fox & Roach-Center City Walnut

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Olson Realty

+1(302) 448-6000

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1860 FRANKFORD AVE Philadelphia, PA 19125

Olson Realty

Olson Realty

Key Details

Location

Interior

Exterior

Building

Schools

Others

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