Commercial > Mixed Use
Active
2 weeks ago
List Price
$724,900
2427 Frankford Ave
Philadelphia, PA 19125
- -Bed
- -Bath
- 1,803ft²Living Area
- 871ft²Lot Size
- -Pool
- -Car
- 2017Year Built
- 17DOM
- 10Permits
2427 Frankford Ave, Philadelphia, PA 19125 is a 1,803 ft² commercial mixed use property property built in 2017 on a 0.020 acre lot with 10 construction permits. This commercial mixed use property is currently listed for $724,900, and it was last sold in 2016.
MLS Description
The listing agent's description. Original Listing
2427 Frankford Avenue is a fully occupied, modern mixed-use triplex located in the heart of Philadelphia's vibrant Fishtown neighborhood-one of the city's most sought-after areas known for its thriving arts scene, eclectic eateries, and energetic atmosphere. Constructed in 2017, this well-maintained property offers an ideal opportunity for both investors and owner-operators seeking strong rental income in a high-demand location.The property features three thoughtfully designed units: a commercial space on the ground floor and two residential apartments above. Commercial Unit (1st Floor) The street-level commercial space boasts a large glass storefront that provides excellent visibility and curb appeal on bustling Frankford Avenue. Inside, you'll find hardwood floors, modern finishes, and ample natural light that create a warm and professional ambiance-perfect for retail, office, or boutique service use. The unit includes a private rear patio, offering outdoor seating or additional operational space, as well as basement access for extra storage or utility needs. Residential Units (2nd & 3rd Floors) Above the commercial unit are two stylishly appointed 1-bedroom, 1-bathroom residential apartments, each offering a blend of comfort and modern luxury. These units feature: ppen-concept layouts, hardwood flooring throughout, stainless steel appliances, ranite countertops, and in-unit laundry. The third-floor unit is a standout, offering exclusive access to a private rooftop deck with breathtaking views of the Philadelphia skyline-perfect for entertaining or relaxing. Designed with modern luxury and long-term durability in mind, 2427 Frankford Ave combines architectural quality with high-end finishes throughout. This turn-key investment presents a rare opportunity to own a fully leased, income-generating property in one of Philadelphia's fastest-growing neighborhoods.
Listing Agents
The listing agent for 2427 Frankford Ave is Ariel L Morgenstein.
AL
Ariel L Morgenstein
JG Real Estate LLC
License: AB067988
Phone: (215) 467-4100
Permits
2427 Frankford Ave has 10 permit records.
Permit History
10
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2024$1,092.40From latest Total Assessed Value0.28%Total Assessed Value$390,200=Land+
Assessed Value$0Additions
Assessed Value$0
In 2024, taxes billed for 2427 Frankford Ave were $1,092.4, which is 0.28% from latest Total Assessed Value of $390,200.
Property History
2427 Frankford Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 2427 Frankford Ave
Hazard Risks
Wind289Weather117Hail114Hurricane114Particulates114Nat'l Avg100Tornado100Ozone99Air Pollution99Carb Mono91Earthquake74Lead57
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 2427 Frankford Ave.
Walkability Index
18 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
2427 Frankford Ave has a walkability score of 18 out of 20, which means that it is in a most walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
27°F
High
42°F
Summer
Average
Low
66°F
High
85°F
In the winter at 2427 Frankford Ave, temperatures range from 27.38°F to 42.48°F with an average of 34.93°F. In the summer, the temperature ranges from 65.6°F to 84.84°F with and average of 75.22°F.
School Information
Public/private schools serving 2427 Frankford Ave
Public Schools
Penn Treaty High School
Grades: 6-12
0.64 mi
D+
Horatio B. Hackett School
Grades: KG-5
0.06 mi
B-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 2427 Frankford Ave have ratings undefined, and undefined.
Neighborhood
This property is located in Bridesburg Kensington Richmond, Philadelphia, PA 19125.
Seasonal Housing units 19125
6%of housing is for seasonal rent.
Daytime Population for 19125
-9%of people during work hours.
Crime Index for 19125
119
119
The crime index in 19125 is 119, which is 1.2 times higher than national average.
Market Trends
Historical market data near 2427 Frankford Ave over selected time period.
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