ATTENTION FISHTOWN INVESTORS ! CASH COW ! This Multi-Family brick Fishtown property is in prime location on Frankford Ave. Fantastic opportunity to own a great piece of real estate just a half block from the Berks Subway Station! Entire property is only 12 years young and has been completely renovated from top to bottom. This commercial mixed use property with CMX2 zoning is located on the booming commercial corridor of Fishtown, one of America's best neighborhoods. Walk out the front door and there are endless restaurants, bars, and shops to choose from. Septa public transit within 2 minutes. The building features 3 two bedroom apartments and a sub leased space in finished basement which could easily be a 4th unit. Property is officially approved by City of Philadelphia for 4 units. Property has 4 updated kitchens and each unit with its own private entrance . Only modifications needs to convert from a legal 3 unit to a legal 4 unit building is adding a party call to close off stairs from 1st floor to basement and one more HVAC system and electrical panel. The other three units are all separately metered. 1st floor is also approved for a store front should new owner wish to convert from a 2-bedroom apartment to a store front. Property has a private court yard in rear. Individual washer and dryers in every unit. Brand roof installed in 2020. All units are currently being occupied with 2nd and 3rd floor leases being conveyed occupied at closing with timely paying tenants with formal leases in place. Rents are: 1st floor - $1,299/month, 2nd floor - $1,430/month, 3rd floor - $1,300/month, lower level - $800/month. Make your offer today as opportunities like this do not come available often.
Property Type(s): Multi Family
|School District||THE SCHOOL DISTRICT OF PHILADELPHIA|
|BASEMENT||Full, Fully Finished, Yes|
|LOT||1307 sq ft|
|LOT DIMENSIONS||20.00 x 71.75|
|STYLE||End of Row/Townhouse, Traditional|
Contact us about this Property
|We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for The Barach Group to contact you even if your name is on a Federal or State "Do not call List".|
Listing provided by Homestarr Realty
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which COMPASS participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than COMPASS are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2021 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 4/13/21 10:13 PM PDT
This IDX solution is (c) Diverse Solutions 2021.