UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,544 sqft
Price per Sqft $127
Subdivision Frankford
MLS Listing ID PAPH2496536
Style Other
Abv Grd Liv Area 2,544
Year Built 1945
Annual Tax Amount $2,336
Tax Year 2024
Lot Size 2,059 Sqft
Acres 0.05
Lot Dimensions 20.00 x 103.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
This legally zoned triplex presents an exceptional investment opportunity for buyers seeking a turnkey property with professional management, above-average cash flow, and long-term upside in a high-growth area.
The building features a thoughtfully designed layout ideal for co-living.
First & Second Floors: Each unit offers two bedrooms that share a full bath and one bedroom with a private en-suite, perfect for maximizing rental income while maintaining tenant privacy.
Third Floor: Includes two bedrooms and one full bath.
Extensively renovated by the current owner, the property underwent a major overhaul upon purchase and a comprehensive refresh in 2025. Updates include new flooring (LVP), fresh paint, granite counters, and other modern finishes that make the building feel brand new.
Professional management—described by the owner as “outstanding”—has significantly improved both tenant quality and building upkeep. The property is fully occupied and well maintained.
Located in Frankford, one of Philadelphia's most promising up-and-coming neighborhoods, this property is surrounded by substantial public and private investment:
A $21M mixed-use development featuring a grocery store and health center is just one block away.
The Frankford Library recently completed a $5.5M renovation.
The Frankford Transit Center is two blocks away, offering excellent connectivity.
Jefferson Frankford Hospital is only three blocks from the property.
Tenants appreciate the convenience of the Frankford corridor for daily needs, and investors will appreciate the long-term value proposition.
Showings: To minimize disruption to tenants, showings will be limited to scheduled open-house-style events. Please refer to agent notes for details. The listing agent will be present to answer all questions. No individual showings will be permitted.
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning RSA3
Rooms
Basement Unfinished, Improved
Interior
Interior Features Ceiling Fan(s), Upgraded Countertops
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Equipment Cooktop, Dryer, Refrigerator, Washer
Fireplace N
Appliance Cooktop, Dryer, Refrigerator, Washer
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other, Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 622036000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
