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MLS: #PAPH2644938, Listed By: Heather Bosco, Keller Williams Hometown, Source:Bright MLS

2223 Frankford Avenue

PHILADELPHIA, PA 19125
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Bed 3

Bed

Bath 0

Bath

SqFt2,316

Sqft

Acres0.03

Acre(Lot)

Don't miss this incredible opportunity to own a fully occupied, turnkey mixed-use investment property in the heart of Fishtown's thriving Frankford Avenue Business Corridor. This 3-unit commercial building features a long-term commercial tenant on the first floor, Brewery ARS, operating under a multi-year NNN lease, plus two residential apartments above that are both currently rented, providing immediate rental income. The second-floor apartment offers 2 bedrooms and 1 full bath, while the third floor features a 1 bedroom, 1 bath unit. The property is zoned CMX-2 and has been well maintained with numerous updates throughout. Recent improvements include a newer roof, exterior paint, brick pointing, concrete front steps, windows throughout, carpeting, front entry door, and a new brewery entr ance. The third-floor apartment features a newer kitchen, washer and dryer, updated lighting, bathroom vanity, fresh paint, and carpeting. The second-floor apartment has also been updated with fresh paint, a newer kitchen countertop, bathroom vanity, and lighting fixtures. The brewery has completed significant plumbing and electrical upgrades along with attractive cosmetic improvements, creating a modern industrial feel with exposed brick throughout the commercial space. The basement has also seen plumbing and electrical improvements along with a new Bilco door. One of the added bonuses is the low annual real estate taxes of just $3,230. The property is also part of the Fishtown Kensington Area Business Improvement District (FKABID), which helps maintain the neighborhood through enhanced safety, cleanliness, and ongoing business district improvements. Location is everything, and this property delivers. Walk to the Girard or Berks Market-Frankford Line stations and be in Center City in just two stops. Surrounded by new development, Federal Opportunity Zones, and continued neighborhood growth, this is an outstanding opportunity for investors looking to add a stabilized, income-producing asset in one of Philadelphia's most desirable neighborhoods. Current Gross Annual Income: $56,856

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Detail Ic Property Details

Property Type : Residential Income

Price : $749,000

AD Id : 87745206

MLS Id : PAPH2644938

Beds : 3

Lot Size : 0.03 Acre

Living Area Size : 2,316

Year Built : 1919

County : PHILADELPHIA

Subdivision: Fishtown

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Feature Features

  • Bedroom Information

    Total beds: 3
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air, Baseboard Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1919 Building Area Total: 2316 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.03 Lot Size Source: Estimated Lot Size Square Feet: 1312

    Property Information

    Subdivision: FISHTOWN Source Property Type: Residential Income Postal Code Plus 4: 2007 Property SubType: Triplex Property Age: 107

  • Listing Price Information

    Listing Price: $749000

  • Tax Information

    Parcel Number: 871541120 Tax Year: 2023 Annual Tax: $2704

  • Parking Information

    On Street

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: KENSINGTON
  • Utility Information

    Natural Gas Available, Cable Available
  • Location Information

    Direction: Located on Frankford Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2201 E Huntingdon Street, Philadelphia, PA, 19125 $550,000 3 -- 2,025 2,025 SqFt
1235 E Berks Street, Philadelphia, PA, 19125 $399,900 3 -- 1,790 1,790 SqFt
1345 E Susquehanna Avenue, Philadelphia, PA, 19125 $2,950,000 4 -- 17,500 17,500 SqFt
717 E Thompson Street, Philadelphia, PA, 19125 $499,000 3 -- 1,840 1,840 SqFt
2557 Amber Street, Philadelphia, PA, 19125 $749,000 -- -- 3,609 3,609 SqFt
2208 Taggert Street, Philadelphia, PA, 19125 $400,000 1 -- 840 840 SqFt
2655 Emerald Street, Philadelphia, PA, 19125 $549,900 3 -- 1,020 1,020 SqFt
2525 Frankford Avenue, Philadelphia, PA, 19125 $2,225,000 6 -- 5,500 5,500 SqFt
440 E Girard Avenue, Philadelphia, PA, 19125 $745,000 3 -- 3,688 3,688 SqFt
2427 Frankford Avenue, Philadelphia, PA, 19125 $699,900 2 -- 1,803 1,803 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 07/19/2026 @ 04:07

MLS: PAPH2644938 LISTED BY: Heather Bosco, Keller Williams Hometown 856-241-4343 SOURCE: Bright MLS

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