2525 Frankford Ave, Philadelphia, PA 19125

$2,225,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,225,000
Days on Market
175
Status
ACTIVE
MLS#
PAPH2580390
Lot Size (Acres)
0.06
Year Built
2022
County
Philadelphia
School District
Philadelphia City

Property 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.

Additional Information

Area
19125 (19125)
Subdivision
Fishtown
Taxes
$1707
Stories
3
School District
Philadelphia City
Flooring
Luxury Vinyl Plank
View
City
Heating
Other
Heating Fuel
Electric
Cooling
Ductless/Mini-Split
Roof
Other
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Liberty Place. Contact: 6093995454