4435 Frankford Avenue
Philadelphia, PA, 19124 $ 495,000
Bedrooms-- Baths-- Sq 7,054 Monthly Estimate*
$ 3,088
for $495,000. This 7,054 square foot building was built in 1935 on a lot size of 0.11.
Excellent opportunity to own a 3-story mixed-use building in the heart of Frankford, offering 6 total units, including 5 residential units and a spacious commercial space currently occupied as a church and flexible zoning - CMX2. With over 7,000 square feet of finished space above grade and a lot size of 4,576 square feet, this property provides endless potential for an investor, developer, or owner-occupant. The commercial unit is currently rented to a church which is paying $1,800/month while the four residential units are currently occupied with one of them vacant and each unit pays as follows: 1F Vacant, 1R - $1150, 2F - $900, 2R - $900, 3rd floor - $1000. The property currently grosses $5,750/month and $69,000/year. All of the units are powered by electric only; there is no gas. The tenants pay for the electric while the landlord covers the common area electric and water for the building. There is also an active rental license in place for the residential units. All the units are on a month to month lease other than unit 2R which expires 12/31/25. This cash flow for the 6-unit building is perfect for an investor looking to add 6 more units to their rental portfolio. You won't even need to put any work into the units; you will have immediate cash flow from day one. Configured for office/storefront use with apartments above, this property is ideal for a variety of commercial and residential applications. The CMX2 zoning supports retail, office, and residential combinations, making it a versatile addition to any investment portfolio. Located in a growing area with strong visibility and accessibility, the building benefits from proximity to neighborhood amenities, public transportation, and major roadways. Its size, layout, and vacancy allow for immediate redevelopment, occupancy, or income-producing potential. This property can also be purchased in a package deal with the following properties: 4429 Frankford Ave, 4431 Frankford Ave, 4437 Frankford Ave, 4455 Frankford Ave, 4467 Frankford Ave. Schedule your showing today!
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Commercial ActiveApartment Building,Religious Facility
FeaturesInteriorHeating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Central
Cooling Central A/C
Possession Immediate
Zoning CMX2
Construction Materials Masonry
Year Built 1935
View Street
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Apartment Building Religious Facility
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name FRANKFORD
Possible Use Apartment Building Apartments Church Convenience Store
Water Access Y/N N
Status ACTIVE
Directions From the west side of Frankford Ave continue straight. The property will be on the right just past Unity St.
City PHILADELPHIA
Number Of Units Total 5
MLS Area 19124 (19124)
Lot Size Units Square Feet
Lot Size Square Feet 4576.00
Tax Annual Amount 4009.0
Price Per Sq Ft Total AG 70.17
Acceptable Financing Cash Other Conventional
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://view.ricoh360.com/fe99d21d-66bd-46b2-9485-674bc1983a39
Location Type Urban
Standard Status Active
Year Built Source Assessor
Tax Lot 272
Association Recreation Fee N
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ExteriorLot Features Road Frontage
Water Source Public
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Building Area Total 7054.00
Lot Dimensions 26.00 x 171.00
Lot Size Acres 0.11
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 57280.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Bythelistingteam@liveloveathome.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,088
- Monthly Property Taxes
- $334
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Philadelphia, PA
Average List Price $1,088,582
Percent of Sale Price 120%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/28/2025 | $495,000 | | Listed Price |