Artfully Uniting Extraordinary Properties with Extraordinary Lives
Courtesy of: Keller Williams Philadelphia
Purchase Type: Sale
MLS ID: PAPH1016684
Days On Market: 45
Year Build: 1935
Lot size: 0.06
Status: Active Under Contract
Property Type: Commercial Sale
Property Subtype: Mixed Use
New Construction: No
Swimming Pool: No
Has Waterfront: No
School District: The School District Of Philadelphia
Address: 4409 FRANKFORD AVE
Excellent addition to a real estate portfolio! Well maintained income producing mixed use 4 unit rental property in the Frankford section of Philadelphia. This property contains a very large commercial space on the first floor and 3 one bedroom apartments on the 2nd and 3rd floor. 1st floor commercial space is currently rented to a community outreach group through June of 2022. Current rent is 1100 and automatically increases to $1200 July 1st. The space is very large with multiple office space, rooms, full bathroom and access to a spacious rear yard. This unit has Central air conditioning. 2nd floor rear is a 1 bedroom apartment currently rented for 550/month but tenant is leaving at the end of April. 2nd floor front is rented through July for $625 month. 3rd floor is a very long term tenant (14+ years) rented for $450/month on a month to month. Landlord only pays cold/hot water. All other utilities paid by tenants. Conveniently located to public transportation. Property has always been easily rented.
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Courtesy of: Keller Williams Philadelphia Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 1st August, 2021 7:13 PM
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