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Listed by Ariel Morgenstein • JG Real Estate LLC
$699,900
Est. payment /mo
853 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2537194
Year Built 2017
Available Date 2025-09-19
Annual Tax Amount $1,092
Tax Year 2025
Lot Size 853 Sqft
Acres 0.02
Lot Dimensions 19.00 x 65.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
2427 Frankford Avenue is a fully occupied, modern mixed-use triplex located in the heart of Philadelphia's vibrant Fishtown neighborhood—one of the city's most sought-after areas known for its thriving arts scene, eclectic eateries, and energetic atmosphere. Constructed in 2017, this well-maintained property offers an ideal opportunity for both investors and owner-operators seeking strong rental income in a high-demand location.The property features three thoughtfully designed units: a commercial space on the ground floor and two residential apartments above.
Commercial Unit (1st Floor)
The street-level commercial space boasts a large glass storefront that provides excellent visibility and curb appeal on bustling Frankford Avenue. Inside, you'll find hardwood floors, modern finishes, and ample natural light that create a warm and professional ambiance—perfect for retail, office, or boutique service use. The unit includes a private rear patio, offering outdoor seating or additional operational space, as well as basement access for extra storage or utility needs.
Residential Units (2nd & 3rd Floors)
Above the commercial unit are two stylishly appointed 1-bedroom, 1-bathroom residential apartments, each offering a blend of comfort and modern luxury. These units feature: ppen-concept layouts, hardwood flooring throughout, stainless steel appliances, ranite countertops, and in-unit laundry. The third-floor unit is a standout, offering exclusive access to a private rooftop deck with breathtaking views of the Philadelphia skyline—perfect for entertaining or relaxing.
Designed with modern luxury and long-term durability in mind, 2427 Frankford Ave combines architectural quality with high-end finishes throughout. This turn-key investment presents a rare opportunity to own a fully leased, income-generating property in one of Philadelphia's fastest-growing neighborhoods.
Commercial Unit (1st Floor)
The street-level commercial space boasts a large glass storefront that provides excellent visibility and curb appeal on bustling Frankford Avenue. Inside, you'll find hardwood floors, modern finishes, and ample natural light that create a warm and professional ambiance—perfect for retail, office, or boutique service use. The unit includes a private rear patio, offering outdoor seating or additional operational space, as well as basement access for extra storage or utility needs.
Residential Units (2nd & 3rd Floors)
Above the commercial unit are two stylishly appointed 1-bedroom, 1-bathroom residential apartments, each offering a blend of comfort and modern luxury. These units feature: ppen-concept layouts, hardwood flooring throughout, stainless steel appliances, ranite countertops, and in-unit laundry. The third-floor unit is a standout, offering exclusive access to a private rooftop deck with breathtaking views of the Philadelphia skyline—perfect for entertaining or relaxing.
Designed with modern luxury and long-term durability in mind, 2427 Frankford Ave combines architectural quality with high-end finishes throughout. This turn-key investment presents a rare opportunity to own a fully leased, income-generating property in one of Philadelphia's fastest-growing neighborhoods.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Ductless/Mini-Split
Flooring Hardwood
Inclusions Appliances in as-is condition
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Permanent
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871401365
Ownership Fee Simple
Special Listing Condition Standard
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