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Welcome to this huge 2800 square foot income producing property zoned ICMX in Frankford. It is set up as a rooming house now but can be converted into a Triplex. 1st Floor Front has 1 bedroom apartment paying $625/month(6 years) and is on month to month lease another 1 bedroom apartment paying $650/month(4 years) and on a month to month lease & an efficiency paying $750/month(2.5 years). The side & 1st floor back have been fully renovated before the tenants moved in. 2nd Floor Units Back Unit: Has 6 rooms all currently being rented out fro $500 a month. Tis is a huge unit that could be converted to 1 unite and rented for 1500-1700. Key Features: Consistent rental income from long-term tenants. Renovation potential to boost rents and overall property value. Flexibility to adjust layouts and maximize returns. This property combines stable cash flow with opportunities for value-add improvements. Don't miss your chance to capitalize on this income-generating asset!
| DAYS ON MARKET | 12 | LAST UPDATED | 3/20/2025 |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | 19124 (19124) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, None |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19124 (19124) |
| HEAT | Other |
| LOT | 2614 sq ft |
| LOT DIMENSIONS | 35.00 x 78.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 3698 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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