2414 Frankford Avenue
Philadelphia, PA, 19125 $ 2,350,000
Bedrooms-- Baths-- Sq 5,900 Monthly Estimate*
$ 14,661
for $2,350,000. This 5,900 square foot building was built in 2022 on a lot size of 0.06.
Introducing 2414 Frankford Avenue a turnkey 7-unit investment property, prominently located with 29' feet of prime 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 5900 SF, 3-storey building is comprised of two (2) bi-level 2bd x 2ba units and four (4) 1bd x 1ba units atop 796 SF of prime commercial space, leased to Philadelphia Barber Co. Designed by Canno, the 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. 2414 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. Enquire within for financials.
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FeaturesInteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Central
Cooling Central A/C
Possession Settlement
Zoning CMX2
Construction Materials Brick
Year Built 2022
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name FISHTOWN
Water Access Y/N N
Status ACTIVE
Directions On Frankford inbetween E York and E Hagert St
City PHILADELPHIA
Number Of Units Total 7
MLS Area 19125 (19125)
Lot Size Units Square Feet
Lot Size Square Feet 2740.00
Tax Annual Amount 1650.0
Price Per Sq Ft Total AG 398.31
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Cap Rate 6.13
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ExteriorWater Source Public
Type of Parking None
Foundation Details Concrete Perimeter
Water View Y/N N
Building Area Total 5900.00
Lot Dimensions 29.00 x 87.00
Lot Size Acres 0.06
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 117900.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams Liberty PlaceBroker
Affordability Calculator
- Monthly Principal & Interest
- $14,661
- Monthly Property Taxes
- $138
- 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 $1,088,185
Percent of Sale Price 54%
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 |
|---|
| 10/23/2025 | $2,350,000 | | Listed Price |