Frankford Mixed Use PROPERTIES

PHILADELPHIA, PA 19124

This portfolio consists of the following properties: 4429 Frankford Ave, 4431 Frankford Ave, 4435 Frankford Ave, 4437 Frankford Ave, 4455 Frankford Ave, 4467 Frankford Ave. Prime investment opportunity in the rapidly developing Frankford neighborhood of Philadelphia! This rare offering features six commercial properties being sold together as one package, creating a versatile portfolio with endless potential. Zoned CMX2, the properties allow for a wide variety of uses, including retail storefronts, office spaces, residential apartments, or mixed-use redevelopment. The property currently grosses $30,600/month and $367,200/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. This cash flow is perfect for an investor looking to add 6 more properties 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 is a rare chance to secure a sizable mixed-use property with endless possibilities. Schedule your showing today!

Listing courtesy of RE/MAX @ HOME



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.