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Unique investment opportunity in the Frankford neighborhood of Philadelphia. This expansive property boasts 8 total units all currently occupied. Offering an impressive 8,138 square feet on a 3,750 square foot lot, this building provides incredible versatility for future use. The property is made up of one commercial unit and 7 residential units. The gross income each month is $7,400 and $88,800/year. Each unit is all electric, the tenants pay for the electric while the landlord pays for common area electric and water. The commercial unit is occupied by a church currently paying $1,800/month while the other units pay as follows: 1R - $1,100, 2F - $800, 2R - $800, 2M - $700, 3F - $800, 3M - $800, 3R - $600. There is also an active rental license in place for the residential units. This cashing flowing 8 unit building is the perfect property for an investor looking to add 8 more doors to their rental portfolio. You won't even need to put any work into the units or get them rented, you will have immediate cash flow from day one. Zoned CMX2, the property allows for a wide variety of commercial and residential possibilities, making it an excellent choice for investors, developers, or owner-occupants seeking mixed-use potential. The size, layout, and zoning flexibility create opportunities for redevelopment, residential conversion, or continued community use. Situated in a highly visible location along Frankford Avenue, the property benefits from strong street presence, accessibility, and close proximity to public transportation, neighborhood amenities, and major roadways. Whether you're looking to add to your investment portfolio or explore redevelopment options, this property offers a rare chance to secure a large, versatile building in a growing section of Philadelphia. Schedule your showing today!
| DAYS ON MARKET | 2 | LAST UPDATED | 8/27/2025 |
|---|---|---|---|
| TRACT | FRANKFORD | YEAR BUILT | 1935 |
| COMMUNITY | 19124 (19124) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19124 (19124) |
| HEAT | Central, Electric |
| LOT | 3920 sq ft |
| LOT DIMENSIONS | 25.00 x 150.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| SUBDIVISION | FRANKFORD |
| TAXES | 5487 |
| VIEW | Yes |
| VIEW DESCRIPTION | Street |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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