Description
Turnkey triplex in rapidly developing frankford – fully renovated, fully occupied, strong cash flow
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 well designed layout with 3 units.
first & second floors: each unit offers two bedrooms that share a full bath and one bedroom with a private en-suite. 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.
Property Type
Multi-FamilySubdivision
FrankfordCounty
PHILADELPHIAStyle
OtherAD ID
50235187
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Ceiling Fan(s),Upgraded Countertops
- Exterior Property Features : Sidewalks,Street Lights
- Basement Description: Unfinished,Improved
- Property Appliances: Cooktop,Dryer,Refrigerator,Washer
Heating & Cooling
- Cooling: Window Unit(s)
- Heating: Forced Air
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Exterior Features: Sidewalks,Street Lights
- Year Built: 1945
- Structure: End of Row/Townhouse
- Major Appliances: Cooktop,Dryer,Refrigerator,Washer
- New Construction: No
- Total Units: 3
- Built: 1945
- Construction Material: Masonry
- Foundation/Basement: Other,Stone
- Architecture: Other
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 2,059
- Dimensions: 20.00 x 103.00
- Lot Size (Acres): 0.05
- Architectural Style: Other
- Main Square Feet: 2,059
Property Information
- SQ ft: 2,544
- SQ ft (Living Area): 2,544
- Total Lot SQ ft: 2,059
- Subdivision: FRANKFORD
- Appx. Lot Dimensions: 20.00 x 103.00
- Total Acreage: 0.05
- New Construction: No
- Type: Other
-
Listing Information
Listing Information
- Possession: Settlement,Subject to Existing Lease
- Days Of Market: 3
-
Taxes / Assessments
Tax Information
- Annual Tax: $2,336
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Settlement,Subject to Existing Lease
Assessment Information
- Taxes Assessment Amount: $166,900
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Homeowners Association Information
- Direction: Frankford Ave. Near Pratt.
-
School, Utilities & Location Details
School Information
- School District: PHILADELPHIA CITY
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: Frankford Ave. Near Pratt.
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Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2025 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.
BuyOwner last updated this listing 07/04/2025 @ 11:28
- MLS: PAPH2496536
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 2,544 sqft, 2,059 sized lot, and 0 parking. are nearby neighborhoods.