Property

Philadelphia, PA 19125 2301 Frankford Avenue

Pending
2301 Frankford Avenue Philadelphia, PA - Image 12301 Frankford Avenue Philadelphia, PA - Image 22301 Frankford Avenue Philadelphia, PA - Image 3
40 more
2301 Frankford Avenue Philadelphia, PA - Image 42301 Frankford Avenue Philadelphia, PA - Image 52301 Frankford Avenue Philadelphia, PA - Image 62301 Frankford Avenue Philadelphia, PA - Image 72301 Frankford Avenue Philadelphia, PA - Image 82301 Frankford Avenue Philadelphia, PA - Image 92301 Frankford Avenue Philadelphia, PA - Image 102301 Frankford Avenue Philadelphia, PA - Image 112301 Frankford Avenue Philadelphia, PA - Image 122301 Frankford Avenue Philadelphia, PA - Image 132301 Frankford Avenue Philadelphia, PA - Image 142301 Frankford Avenue Philadelphia, PA - Image 152301 Frankford Avenue Philadelphia, PA - Image 162301 Frankford Avenue Philadelphia, PA - Image 172301 Frankford Avenue Philadelphia, PA - Image 182301 Frankford Avenue Philadelphia, PA - Image 192301 Frankford Avenue Philadelphia, PA - Image 202301 Frankford Avenue Philadelphia, PA - Image 212301 Frankford Avenue Philadelphia, PA - Image 222301 Frankford Avenue Philadelphia, PA - Image 232301 Frankford Avenue Philadelphia, PA - Image 242301 Frankford Avenue Philadelphia, PA - Image 252301 Frankford Avenue Philadelphia, PA - Image 262301 Frankford Avenue Philadelphia, PA - Image 272301 Frankford Avenue Philadelphia, PA - Image 282301 Frankford Avenue Philadelphia, PA - Image 292301 Frankford Avenue Philadelphia, PA - Image 302301 Frankford Avenue Philadelphia, PA - Image 312301 Frankford Avenue Philadelphia, PA - Image 322301 Frankford Avenue Philadelphia, PA - Image 332301 Frankford Avenue Philadelphia, PA - Image 342301 Frankford Avenue Philadelphia, PA - Image 352301 Frankford Avenue Philadelphia, PA - Image 362301 Frankford Avenue Philadelphia, PA - Image 372301 Frankford Avenue Philadelphia, PA - Image 382301 Frankford Avenue Philadelphia, PA - Image 392301 Frankford Avenue Philadelphia, PA - Image 402301 Frankford Avenue Philadelphia, PA - Image 412301 Frankford Avenue Philadelphia, PA - Image 422301 Frankford Avenue Philadelphia, PA - Image 432301 Frankford Avenue Philadelphia, PA - Image 44
Presented By: Keller Williams Liberty Place
  • MLS# PAPH2422922
  • 11/25/2024
  • Request Tour
  • Request Info
  • SQFT • 5,600

Home Details

$1M price reduction: "The Fishtown Portfolio" presents a rare investment opportunity to acquire three (3) best-in-class boutique mixed-used properties at a substantial discount to replacement cost in the most vibrant location in Philadelphia, Pennsylvania FISHTOWN. Each building features an instantly recognizable address (Frankford Avenue and Girard Avenue) which insulate the properties and elevate the rentability factor for new ownership. 2301 Frankford = 6 apts + commercial. Signed lease for ground floor commercial (bar concept) all apartments leased. 2001 Frankford = 8 apts + 2x commercial. Vacant ground floor commercial (to be built out once tenant's procured) apartments in punchlist/lease up phase. 240 E Girard = 9 apts + 2x commercial. White box commercial space apartments in lease up. These assets benefit from destination ground floor retail/commercial spaces with unrivaled street presence/exposure. Fishtown is known for its world-class culinary environment, in addition to its thriving retail, commercial and residential landscape swelling with positive demand. 28 total units are included within The Portfolio. 8.4% pro forma cap rate. 10 year tax abatement. Seize the rare opportunity to acquire trophy addresses in Philly's hottest submarket. ***PORTFOLIO SALE; 3 BUILDINGS ON OFFER (2301 FRANKFORD, 2001 FRANKFORD, 240 E GIRARD). USE SELLER'S PREFERRED TITLE COMPANY TO ENSURE SMOOTH SETTLEMENT PROCESS. TAXES, SF, FINANCIALS TO BE INDEPENDENTLY VERIFIED IN DUE DILIGENCE.
Presented By: Keller Williams Liberty Place

Interior Features for 2301 Frankford Avenue

Other Interior Features

Central Air Y/NYes
Heating FuelCentral
Heating Y/NYes
Hot WaterNatural Gas

General for 2301 Frankford Avenue

AccessibilityElevator
Business TypeOther/General Retail, Apartment Building
Cap Rate8.40
CityPHILADELPHIA
Construction Completed Y/NYes
Construction MaterialsMasonry
Cool FuelNatural Gas
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsUse GPS
HeatingCentral
Location TypeUrban
Lot Size Square Feet2775.00
Lot Size UnitsSquare Feet
MLS Area19125 (19125)
ModificationTimestamp2025-04-02T15:25:07
MunicipalityPHILADELPHIA
New ConstructionYes
Number Of Units Total3
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG282.5
Property ConditionExcellent
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusPending
StatusPENDING
Tax Annual Amount4370.0
Tax Assessed Value312200.0
Tax Lot66
Tax Year2024
Vacation Rental Y/NNo
ViewCity
Water Access Y/NNo
Waterfront Y/NNo
Year Built2024
Year Built SourceEstimated
ZoningCMX2

Exterior for 2301 Frankford Avenue

Building Area Total5600.00
Foundation DetailsConcrete Perimeter
Land Assessed Value62400.00
Land Use CodeY50
Lot Dimensions16.00 x 90.00
Lot FeaturesCorner
Lot Size Acres0.06
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $1,582,000
MLS#PAPH2422922
List Date 11/25/2024
Property Type Pending
Request Tour
Request Info
Visit My Website

Similar Properties to 2301 Frankford Avenue

Get Pre-approved