FSBO
FSBO - For Sale
$2,225,000
For Sale by Owner
$405/sq ft Listed 2 months ago
Multi-Family for Sale in Philadelphia, PA
2525 Frankford Ave, Philadelphia, PA 19125
Studio
0 Bath
5,500 sq ft
Built 2022
PropSlick Verified Data
Key facts & insights for this exact address
$405
Price / sq ft
2022
Year Built
$1,707
Property Tax / yr
2,505 sf
Lot Size
Philadelphia
County
Key Facts
Property TypeMulti-Family
Year Built2022
Square Footage5,500 sq ft
Lot Size2,505 sq ft
Annual Property Tax$1,707
Price / SqFt$405
Property Description
Introducing 2525 Frankford Avenue - a turnkey 7-unit investment property, prominently located with 36' of 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 +/-5500 SF, 3-storey building is comprised of six (6) 1bd x 1ba units atop 845 SF of destination retail space, leased long-term to Forin, a wildly popular "all-day cafe". Designed by Canno, the white-brick 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 - the top destination in the world to visit in 2026. 2525 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.
Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.
Amenities and Features
Air Conditioning
Heating
Washer/Dryer
Gym/Fitness
Property Location
Map shows approximate location. Exact address provided to serious inquirers upon contact.
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