4429 FRANKFORD AVE Philadelphia, PA 19124
3,765 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Frankford
MLS Listing ID PAPH2531930
Year Built 1935
Available Date 2025-09-03
Annual Tax Amount $1,609
Tax Year 2025
Lot Size 3,765 Sqft
Acres 0.09
Lot Dimensions 21.00 x 176.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
The commercial unit is currently vacant but was rent for $1,600/month while the three residential units are currently occupied with one of them vacant and each unit pays as follows: 2F – $1,800, 2R - $700, 3rd floor - $800. The property currently grosses $3,300/month and $39,600/year with the potential to make $4,900/month and $58,800/year. All of the units are powered by electric only; there is no gas. The tenants pay for the electric while the landlord covers the common area electric and water for the building. There is also an active rental license in place for the residential units. All the residential units are currently on month to month leases.
This cash flow for the 4-unit building is perfect for an investor looking to add 4 more units to their rental portfolio. You won't even need to put any work into the units; you will have immediate cash flow from day one. Configured for office/storefront use with apartments above, this property is ideal for a variety of commercial and residential applications. The CMX2 zoning supports retail, office, and residential combinations, making it a versatile addition to any investment portfolio. Located in a growing area with strong visibility and accessibility, the building benefits from proximity to neighborhood amenities, public transportation, and major roadways. Its size, layout, and vacancy allow for immediate redevelopment, occupancy, or income-producing potential. This is a rare chance to secure a sizable mixed-use property with endless possibilities.
This property can also be purchased in a package deal with the following properties: 4431 Frankford Ave, 4435 Frankford Ave, 4437 Frankford Ave, 4455 Frankford Ave, 4467 Frankford Ave.
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Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning CMX2
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
View Street
Accessibility None
Garage N
Building
Lot Description Road Frontage
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871529590
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
Virtual Tour https://view.ricoh360.com/15807b1a-af1a-49bd-838c-20c6bcc9b167
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Franklin Towne Charter Elementary School
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