2525 Frankford Ave,PHILADELPHIA, PA 19125
PHILADELPHIA, PA 19125
Description
Introducing 2525 Frankford Avenue a turnkey 7-unit investment property, prominently located with 36' of 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 ±5500 SF, 3-storey building is comprised of six (6) 1bd x 1ba units atop 845 SF of destination retail space, leased long-term to Forin, a wildly popular "all-day cafe". Designed by Canno, the white-brick 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 the top destination in the world to visit in 2026. 2525 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.
Details
| MLS # | PAPH2580390 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | New Construction |
| Status | Active-bright |
| Year | 2022 |
| Days On Site | 231 |
| Listing Provided By | Keller Williams Liberty Place | Ryan J McManus |
Features
| Story(s) | 3 |
|---|---|
| Units | 7 |
| Zoning | CMX2 |
| Acreage | 0.06 |
| Property View | City |
Interior
| Cooling | Ductless/Mini-Split |
|---|---|
| Heating Yes / No | Yes |
| Heating | Other |
Exterior
| Roof | Other |
|---|---|
| Security Features | Exterior Cameras, Intercom, Security Gate, Monitored |
| Construction Materials | Masonry |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1707 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19125 |
| Area | 19125 (19125) |
| Community Name | FISHTOWN |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in FISHTOWN) | |
Price: $2,225,000 low | high Med: $324,999 On site: 231 low | high Med: 109 | |
Market Activity 19125
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19125 |
| Area | 19125 (19125) |
| Community Name | FISHTOWN |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in FISHTOWN) | |
Price: $2,225,000 low | high Med: $324,999 On site: 231 low | high Med: 109 | |
