Multi-Family for Sale in Philadelphia, PA

Rare investment opportunity in the heart of rapidly transforming East Kensington! This package includes 2605 and 2607 Frankford Avenue, offered together for investors, developers, and owner users seeking a unique value add opportunity. Both properties are zoned CMX-2, providing exceptional flexibility for future redevelopment, commercial use, and long term investment strategies. One of the biggest advantages of this package is the visibility and exposure along Frankford Avenue, a major corridor with consistent traffic counts and ongoing neighborhood revitalization. The surrounding area continues to experience new construction, local business growth, and increasing demand, making this an excellent opportunity to establish a presence in one of Philadelphia's most active emerging neighborhoods. 2605 Frankford Avenue is currently configured as a duplex, offering immediate income potential or the opportunity for renovation and repositioning. 2607 Frankford Avenue is a unique industrial garage style building that extends from Frankford Avenue through to Amber Street, creating a rare through lot with multiple points of access. In addition to the expansive garage space, the property features a generously sized driveway with parking for approximately four vehicles, providing added convenience and flexibility. Together, these properties present a wide range of possibilities, subject to City approvals, including mixed use redevelopment, retail, office, creative workspace, restaurant, coffee shop, brewery or taproom concept, maker space, automotive related use, or other commercial ventures that can benefit from the location and CMX-2 zoning. Whether your goal is to generate rental income, redevelop, establish a business, or hold for future appreciation, this package offers exceptional potential in a neighborhood that continues to grow and attract investment. Buyer is responsible for verifying zoning, permitted uses, and development potential with Philadelphia L&I and all appropriate professionals.