8002 Frankford Ave,PHILADELPHIA, PA 19136
PHILADELPHIA, PA 19136
Description
Prime mixed-use investment opportunity in the heart of Holmesburg! 8002-8004 Frankford Avenue offers two side by side, mixed use duplexes being sold together, creating a rare four unit income-producing asset in a highly visible commercial corridor on Frankford Avenue. The portfolio consists of two first floor commercial spaces and two upper-level residential apartments, providing a desirable blend of commercial and residential income streams. The residential units are currently occupied and generating strong rental income of $1,350/month and $1,300/month. One commercial space is owner-occupied, while the second commercial unit is vacant, presenting an excellent opportunity for an owner-user, new tenant placement, or additional income growth. Each building features separate utilities, with tenants responsible for their own electric and gas. The owner currently pays water and sewer. The commercial units offer flexible layouts with basement access, while the residential apartments provide spacious living areas and attractive layouts that appeal to long-term tenants. Situated on a prominent stretch of Frankford Avenue in the thriving Holmesburg neighborhood, the property benefits from excellent visibility, strong traffic counts, convenient public transportation access, and proximity to shopping, dining, and neighborhood amenities. This is an ideal opportunity for investors seeking stable cash flow with value-add potential or business owners looking to occupy space while collecting rental income from the remaining units. Don't miss this unique chance to acquire two side by side, mixed use buildings with multiple income streams in one of Northeast Philadelphia's established commercial corridors.
Details
| MLS # | PAPH2630880 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1945 |
| Days On Site | 81 |
| Listing Provided By | Keller Williams Main Line | Carson Merine |
Features
| Units | 2 |
|---|---|
| Zoning | CMX25 |
| Acreage | 0.09 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
Exterior
| Roof | Flat, Rubber |
|---|---|
| Construction Materials | Masonry |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 2421 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19136 |
| Area | 19136 (19136) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19136) | |
Price: $275,000 low | high Med: $249,400 On site: 81 low | high Med: 39 | |
Market Activity 19136
Request a showing
Request a showing
Contact
Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19136 |
| Area | 19136 (19136) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19136) | |
Price: $275,000 low | high Med: $249,400 On site: 81 low | high Med: 39 | |
CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but is not guaranteed accurate.
