2928 FRANKFORD AVE, Philadelphia, PA 19134
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Listed by Nile Thompson • KW Commercial
$ 385,000
Est. payment | /mo

1,307 Sqft Lot


Save
$ 385,000
Est. payment | /mo
Save

1,307 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2623118

Year Built 1915

Annual Tax Amount $2,752

Tax Year 2026

Lot Size 1,307 Sqft

Acres 0.03

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

AS IS SALE. The buyer earns the right to cash flow, equity growth and tax benefits. This property has to be purchased with 2922 Frankford Ave and 2924-26 Frankford Ave as all three properties are connected on the basement and first floor levels. Currently the basement and first floor levels for these three properties are being used as storage, office and workshop space. 2928 Frankford Ave has 5 rented apartments in it bringing in $3,035 / month gross. Rents are $825 / month, $510 / month, $565 / month, $565 / month and $570 / month. Value add, investor special. For economies of scale & optimal density these properties can be purchased with 3403 Frankford Ave, 3405 Frankford Ave, 3551 Kensington Ave, 3553 Kensington Ave, 1909 E Ontario St & 1911 E Cambria St as a package deal for $1,890,000 total.

Location

State PA

County Philadelphia

Area 19134 (19134)

Zoning RM1

Interior

Hot Water 60+ Gallon Tank

Heating Radiator

Cooling Window Unit(s)

Inclusions Everything at the property owned by the seller.

Heat Source Natural Gas

Exterior

Water Access N

Accessibility Doors - Swing In

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 252482205

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Lee & Angela Goldstein

"At Northgate Realty, we’re your trusted resource for real estate in Bethesda and beyond—offering expert guidance, local insight, and personalized service every step of the way."

+1(202) 744-8060

team@northgaterealty.com

7920 Norfolk Avenue, Suite 330, Bethesda, 20814, USA

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2928 FRANKFORD AVE