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Choice Realty Group By Kelly Houston

choicegroupsells@kw.com +1(484) 893-4518

Listed by Carson Merine • Keller Williams Main Line

$ 275,000

Est. payment | -/mo

3,964 Sqft Lot

Save

$ 275,000

Est. payment | -/mo

Save

3,964 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Holmesburg

MLS Listing ID PAPH2631336

Year Built 1945

Annual Tax Amount $2,359

Tax Year 2021

Lot Size 3,964 Sqft

Acres 0.09

Property Sub-Type Mixed Use

Source BRIGHT

Property 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.

Location

State PA

County Philadelphia

Area 19136 (19136)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Flat,Rubber

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871585170

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

+1(484) 893-4518

choicegroupsells@kw.com

2901 Emrick Blvd, Bethlehem, PA, 18020, United States

8004 FRANKFORD AVE Philadelphia, PA 19136

Choice Realty Group By Kelly Houston

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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8004 FRANKFORD AVE