Discover a prime investment opportunity in the heart of East Kensington, where these two meticulously designed triplexes at 2554-56 Frankford Ave redefine urban living. With luxurious spaces and a secure future backed by 10-Year Tax Abatements through 2033, these residences promise both immediate returns and enduring growth. Nestled amidst the East Kensington renaissance, these triplexes stand at the epicenter of a thriving community. The area is undergoing transformative projects, ensuring continuous appreciation for your investment. Each building comprises two generous two-bedroom, one-bathroom units and one expansive three-bedroom, three-bathroom bi-level unit, offering ample living space tailored for modern lifestyles. Adorned with top-notch features, including modern tile, flooring, and cabinet finishes, complemented by energy-efficient LED lighting, these triplexes offer both functionality and elegance. Unit One boasts a private backyard, offering a tranquil oasis in the midst of the city. Unit Three features a private roof deck access, providing breathtaking views of the cityscape and the iconic Philadelphia skyline. Enjoy seamless access to Center City and beyond, thanks to the proximity to the Market-Frankford Line. Additionally, you'll find yourself steps away from the vibrant culinary scene, with flourishing restaurants, bars, and coffee shops lining Frankford Avenue. These income-producing properties are not just residences; they are assets that promise both immediate returns and long-term growth. Don't miss this chance to enhance your investment portfolio with properties that align with Philadelphia's promising future. The opportunity to own these triplexes won't last long. Schedule an appointment today to experience the charm and potential of these East Kensington gems.
With over 25 feet of frontage along Frankford Avenueâs bustling Business Corridor, 2557 Amber Street offers an amazing opportunity to own an income-producing asset in Fishtown / East Kensington. Surrounded by new construction, new businesses, and even more on the horizon, this property stands out due to its LARGE 28â x 75â footprint, mixed-use CMX2 zoning, and classic Philly character. The first floor commercial space and facade were fully renovated in 2019 with many significant improvements, including commercial windows and doors, new water and electrical service, ADA-compliant entrance ramp and customer bathroom, new HVAC, kitchen, and retail area with modern finishes. The space is currently occupied by Hello Donuts on a NNN lease, with the potential for an investor or owner-operator to launch a new venture in the future. Two full-floor loft-style apartments occupy the 2nd and 3rd levels of the building, featuring hardwood floors, in-unit laundry, central air, modern kitchens and baths, and large windows that give each unit tons of natural light. Both units have a strong rental history and are leased through August 2025. As an added bonus, the property was recently reassessed and the taxes for 2025 will be DECREASED by $2000. Buyer and buyer's agent to verify 2024/2025 taxes and square footage.
Like-new boutique building with 4 + years remaining on full tax abatement, refreshing new construction property with Spacious 3(three) 2 Bedroom 2 bathroom apartments located in the Fishtown / East Kensington. Each unit has an upgraded washer and dryer, a Full kitchen with dishwasher, ample counter/cabinet space, bar stools, and LED lighting around the living area drop ceiling, beautiful and modern bathroom tiles with a niche for saving space.
Discover an exciting investment opportunity in the heart of Philadelphia's trendiest neighborhood, Fishtown. Just minutes from some of the top restaurants in the city like Suraya and Kalaya, this mixed-use duplex is currently turn-key with both commercial and residential spaces fully occupied with great tenants and a year left on the tax abatement. With a prime location and a modern design, this property presents a consistent ease of occupancy for any investor. Fishtown has been experiencing consistent growth, and as the neighborhood continues to evolve, property values are expected to appreciate. The ground and basement levels offer a versatile commercial space with approximately 1,500 SQ FT. The open layout, large storefront windows, and high ceilings provide endless possibilities for a wide range of businesses, from boutiques and cafes to galleries and offices. The upper floors house a spacious 3-bedroom, 2.5-bathroom apartment unit that provides modern urban living at its finest. The unit boasts an open-concept living area, a chef's kitchen with high-end appliances, and elegant finishes throughout. With three bedrooms, including a master suite, and a private balcony, this apartment provides a comfortable and stylish living space for tenants. Currently the two units combined bring in $5,250 a month. With its prime location on a bustling street, the commercial space benefits from high foot traffic and excellent visibility, ensuring a steady stream of potential customers. The property is well-connected with easy access to public transportation like the Market-Frankford line, major roadways like Girard Ave and I-95, and proximity to downtown Philadelphia.
This stunning triplex, fully renovated in 2018, preserves much of the building's original character while offering modern conveniences throughout. Upon entering through the double foyer, you'll be greeted by an eye-catching penny round tile floor, featuring real penniesâa unique and artistic touch. Unit 1 is a bi-level apartment with an inviting living room and a spacious kitchen that opens to the rear yard. The lower level houses the bedroom, a full bathroom, and laundry facilities. Despite being below ground level, the bedroom receives an abundance of natural light, creating a bright and comfortable space. Unit 2 also spans two levels and features a finished basement. The main floor boasts exposed brick walls and a live-edge countertop in the kitchen, offering both style and space for entertaining. The kitchen leads to a large rear patio, perfect for outdoor gatherings. The lower level includes a full bathroom, laundry room, and a bonus room that can serve as a bedroom, den, or home office. The second-floor primary suite comes with its own private bathroom and a balcony for additional outdoor space. Unit 3 is another bi-level apartment with a spacious living area and kitchen on the first floor. The second floor features a sizable bedroom and bathroom. This unit also includes its own outdoor space for added privacy. Each unit in this triplex comes equipped with its own washer and dryer, adding convenience to the list of desirable features. This property offers a perfect blend of historic charm and modern comfort, with plenty of outdoor space for each unit.
128 E Huntington Street is a recently renovated Duplex located in East Kensington in Philadelphia. This property offers a total of 2,600 square feet of living space combined between the 2 units, with each unit featuring a bi-level layout and top-of-the-line finishes. As you enter each unit, you will be greeted by a sleek and modern kitchen, complete with quartz countertops and a stainless steel appliance package. The open floor plan seamlessly connects the kitchen to the living and dining areas, making it perfect for entertaining guests or enjoying time with family. Both units offer 3 spacious bedrooms and 2 full bathrooms, providing plenty of room for everyone in the household. For added convenience, each unit also comes equipped with a stacked washer and dryer. The property boasts an HVAC system, recessed lighting, and luxury vinyl tile throughout, ensuring maximum comfort and style for residents. Located in East Kensington, this property offers a short commute to Center City Philadelphia, providing access to a variety of business and cultural hubs. One unit is already generating income as it is currently rented, making this property a great investment opportunity or as an owner occupied duplex with 6 years left on tax abatement.
Prime development location. Build up to 7 residential units and a Commercial unit. Located in the heart of Fishtown near Columbia Avenue and Girard Avenue. Walkable to Market/Frankford EL train, grocery stores, restaurants, the Frankford Avenue business district and the Delaware Waterfront.
Prime Builder/Contractor Opportunity in Desirable Philadelphia Location Unlock the potential of this versatile CMX-1 zoned property in one of Philadelphiaâs most sought-after neighborhoods. This mixed-use gem offers endless possibilities for savvy investors and developers. Key Features: Zoning: CMX-1, allowing for a range of uses including commercial and residential. Expansion Potential: Explore the option to add a third story with a roof deck (pending city approval) to maximize space and enhance city views. First Floor: Previously a storefront, this space can be revitalized into a vibrant commercial unit or converted into a chic apartment, aligning with todayâs trendy urban living. Second Floor: Currently framed and partially plumbed and wired, offering a blank canvas for customization and finishing to your specifications. Location: Corner property in a rapidly developing area with new multi-unit constructions. Close proximity to major highways and downtown Philadelphia ensures convenience and high visibility. With new construction all around and a location poised for continued growth, this property is perfect for those looking to make a significant impact in a thriving neighborhood. Seize this opportunity and bring your vision to life today!
Excellent investment opportunity in great East Kensington Location. Renovated in 2016, this modern duplex offers 2, 2br units with outdoor space in each. Enter through the front door to access the first floor unit. The newer kitchen features stainless steel appliances, cabinets with ample storage space, tile backsplash & exposed brick accents. The unit also features a large dining space, with big windows and bright hardwood floors that flow throughout the apartment. Off the kitchen is a great outdoor space for relaxing or entertaining. The 2 well sized bedrooms each offer great closet space and contemporary lighting. The hallway bathroom features a spacious shower with stylized fixtures and crafted glass accents. This unit has access to the basement for additional storage and laundry. The second floor unit enters into a spacious living area. The kitchen offers stainless steel appliance, granite counters, ample cabinets and an exposed brick accent wall. The spacious rear bedroom has great closet space and en-suite full bathroom. The well appointed 2nd bedroom and 3 peice hall bath bathroom are located in the in the front of the apartment. The unit also offer a private outdoor roof deck space with center city views. Laundry for this unit is located is in the basement of the building. Property is fully occupied.
Presenting an incredible investment opportunity in the heart of Fishtown! This fully rented tri-plex offers three distinct units, each exuding charm with the convenience of modern living. ⢠Unit 1: A spacious 2-bedroom, 1-bathroom apartment, perfect for tenants looking for extra space. ⢠Units 2 & 3: Two well-appointed 1-bedroom, 1-bathroom units located on the 2nd and 3rd floors, ideal for singles or couples. Each unit features beautiful hardwood floors that add warmth and character to the space. Located in a prime area, tenants will enjoy easy access to all the amenities Fishtown has to offerâtrendy cafes, restaurants, boutiques, and vibrant nightlife. Whether youâre an investor seeking a solid rental property or a buyer looking for a home with income potential, this tri-plex is a fantastic find. Donât miss out on owning a piece of one of Philadelphiaâs most sought-after neighborhoods!
Introducing York Street Flats: A rarely-offered quadplex (4-unit) multifamily opportunity in Fishtown with 10 Year Tax Abatement eligibility at CO. Located in one of Philadelphia's most sought-after neighborhoods, this property offers a unique chance to complete and own a modern, high-potential investment property below market value! 2214-16 East York Street is nestled in the heart of Fishtown, one of Philadelphiaâs most dynamic and rapidly growing neighborhoods. Known for its artistic vibe and rich history, Fishtown combines a modern, urban lifestyle with a distinctive local charm. Popular spots like Frankford Hall, La Colombe Coffee Roasters, Riverwards Produce Market and Green Eggs Cafe are just around the corner. Delivered in winterized shell condition, this property is a blank canvas with immense potential for either residential rental income or a high-demand resale. The approved building plans and permits simplify the path to completion. Current floor plans call for three spacious 2-bedroom-2-bathroom units and one spacious 1-bedroom-1.5-bath unit. Each unit will be approximately 1,000+/- square feet, setting them apart from surrounding inventory. The top floor unit will feature a roof deck with unbeatable skyline views. Donât miss out on this incredible opportunity to shape a premier multifamily property in one of Philadelphiaâs hottest neighborhoods. Contact us today to schedule a viewing and start envisioning the potential!
Located in the highly sought-after 19125 zip code of Fishtown, Philadelphia, this 3-unit residential property offers a prime investment opportunity. Currently cash-flowing with significant upside potential, it is perfectly positioned to attract graduate students and young professional renters due to the area's dramatic year-over-year rent increases and high demand. The building is comprised of (2) two-bed, two-bath units and (1) three-bed, two-bath bi-level unit. All units are currently rented and are on yearly leases. Unit one pays $1,950/month, unit two pays $1,300/month, and unit three pays $1,450/month. The tenants pay for all utilities, and each unit has its own separate meters and hot water heater. Additionally, each unit has its own washer and dryer. The property, built in 2013, features modern finishes with beautiful kitchens, gorgeous tiled bathrooms, and hardwood floors throughout. Each kitchen comes equipped with a built-in microwave, range, refrigerator, and a dishwasher for convenience. Buyer needs to do their own due diligence to verify the zoning. This property is a great opportunity for an investor looking to add to their rental portfolio in a neighborhood with extremely high demand and great potential for appreciation. Alternatively, this purchase could be used by someone looking to live in one unit and rent the others out to cover the mortgage and reduce living expenses. With a Walk Score of 92, daily errands can easily be completed without a car. The property has a Transit Score of 68, indicating good access to public transportation, and a Biking Score of 84, reflecting excellent biking infrastructure. Nearby dining options include Four Son's Pizza, Martha, Zig Zag BBQ, Thin & Crispy, and more. Educational institutions in the vicinity are Horatio B. Hackett School, Kensington High School, Kensington Culinary Arts, and Henry A. Brown School. For groceries, residents can shop at Quick Stop 1, Charles Jacquin Et Cie, Dans Fresh Meats, and Fine Fare Supermarket, among others. The property is located close to the York-Dauphin Station for the Market-Frankford Line stop, making commuting to center city a breeze. Nearby parks include Aramingo Square, Richmond Playground, and Palmer Park. This property is located in the heart of Fishtown, known for its vibrant community, diverse amenities, and proximity to downtown Philadelphia. The area is easily accessible, with attractions such as restaurants, cafes, entertainment venues, and public transportation nearby. Additional features include 3D tours in the media section for a detailed view of the property, and showings require a 24-hour notice. This property offers a unique opportunity to capitalize on Fishtown's expanding rental market, with the potential for substantial returns through higher rental income and property value appreciation. Call to schedule your visit today!
FANTASTIC OPPORTUNITY to own your own investment property. PRICE REDUCED !!! Lg Brownstone Triplex in the heart of FISHTOWN. 1st Fl. - lg living room with high ceiling & attractive hardwood floor, non-working fireplace, kitchen , 3 piece bathroom, 2 rms with beautiful hardwood floors & extra rear room leading to the basement & small yard. 2nd Fl - Living rm , kitchen, bathroom, 2 bedrooms 3rd Fl. - Living room with a beautiful hardwood floor, one (1) bedroom with attractive hardwood floor, 3 piece bathroom, kitchen. Basement - full length of of property with three (3) gas heaters, (3) hot water boilers. Property also has a fire alarm system. Currently the 2nd Floor Unit is rented for $1,225 per month.. The 1st & 3rd floor units are vacant. The property is in the heart of Fishtown with an abundance of new development, convenient to shopping & transportation, the night life attractions in Fishtown, Northern Liberties, Delaware River Waterfront, Port Richmond & Center City Phila. Here is an opportunity for an investment or live in one unit and gain income from the other two units. Property is being sold in "AS IS" condition.
Rare Development Opportunity - Entitled 6 Units On a High Preforming Corridor. Location Details CMX-2 Zoned for commercial, 5 residential units above ⢠1 & 2 bed units & roof deck. Eligible for a 10 year tax abatement upon completion of construction . Additional property (set up as a duplex) at 2505 Amber St is interested to sell as a package deal, therefore you can consolidate, increase the foot print of the building and add unit density. Central to large and midsize development .Located in a Qualified Opportunity Zone Strategy 1 - Bring the building to lease ready condition for a projected $4100 gross monthly income to cover the estimated $4000 monthly debt service. Pursue approvals on plans and pull permitting. factoring in expediting and response time from examiners you'll begin work in the spring time, which will aline with the ideal rental cycle for stabilizing the building. Strategy 2 - For an offer price of $780,000 Seller will finalize and coordinate with the architect to submit plans for approval. Seller will deliver approved plans at the time of closing. Buyer will be responsible for adding their contractor to eclipse and pulling/ paying for permits. Build immediately and sync with the rental cycle to stabilize the building.
The median home value in Philadelphia, PA is $205,900. This is lower than the county median home value of $223,800. The national median home value is $338,100. The average price of homes sold in Philadelphia, PA is $205,900. Approximately 47.02% of Philadelphia homes are owned, compared to 42.7% rented, while 10.28% are vacant. Philadelphia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Philadelphia real estate agent to arrange a tour today!
Philadelphia, Pennsylvania 19125 has a population of 1,596,865. Philadelphia 19125 is less family-centric than the surrounding county with 20.04% of the households containing married families with children. The county average for households married with children is 21.3%.
The median household income in Philadelphia, Pennsylvania 19125 is $52,649. The median household income for the surrounding county is $52,649 compared to the national median of $69,021. The median age of people living in Philadelphia 19125 is 34.8 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 47.2 inches per year, with 13.1 inches of snow per year.