4723 Frankford Ave,PHILADELPHIA, PA 19124
PHILADELPHIA, PA 19124
Description
This RARE mixed-use investment opportunity features a full street-level commercial storefront with excellent visibility and an existing sign that is grandfathered with lifetime rights, no renewal is required. The commercial space also benefits from a grandfathered pawnshop zoning designation that does not require renewal. Above the store are two spacious, recently renovated residential apartments, each offering three bedrooms and one full bathroom, providing strong and stable income potential. The property is ideally located just minutes from Jefferson Frankford Hospital, along with surrounding medical offices and neighborhood services that contribute to steady foot traffic and tenant demand. It also offers convenient transit access near the Frankford Transportation Center, connecting to the Market-Frankford Line and multiple bus routes for easy commuting throughout the city. Positioned along a busy commercial corridor, this property is well-suited for investors seeking a combination of commercial exposure, residential rental income, and long-term value with turnkey potential.
Details
| MLS # | PAPH2572342 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1930 |
| Days On Site | 256 |
| Listing Provided By | Realty Mark Associates | Valeriya Moroz |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 3,045 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | CMX2 |
| Acreage | 0.03 |
Interior
| Rooms Total | 8 |
|---|---|
| Cooling | Central A/C, Heat Pump(s) |
| Heating Yes / No | Yes |
| Heating | Heat Pump(s) |
Exterior
| Security Features | Security System |
|---|---|
| Construction Materials | Brick, Masonry |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1821 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19124 |
| Area | 19124 (19124) |
| Community Name | FRANKFORD |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in FRANKFORD) | |
Price: $350,000 low | high Med: $174,950 sqft: 3,045 low | high Med: 1,457 $ / sqft: $115 low | high Med: $121 On site: 256 low | high Med: 62.5 | |
Market Activity 19124
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19124 |
| Area | 19124 (19124) |
| Community Name | FRANKFORD |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in FRANKFORD) | |
Price: $350,000 low | high Med: $174,950 sqft: 3,045 low | high Med: 1,457 $ / sqft: $115 low | high Med: $121 On site: 256 low | high Med: 62.5 | |
