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Welcome to this outstanding mixed use investment opportunity in the Frankford neighborhood of Philadelphia. This corner property offers excellent visibility and versatility boasting 5,428 square feet and sits on a 2,173 square foot lot. Consisting of 5 total units, one commercial and the rest residential presents a great opportunity for an investor to add this cash flowing property into their portfolio. The commercial unit is currently occupied by a church paying $2,000/month. The residential units are rented as follows: 1R - vacant, 2F - $900, 2R - $950, 3rd floor - $1,300. The property currently grosses $5,150/month and $61,800/year. With the vacant unit rented for $900/month the gross monthly rent can reach $6,050 and $72,600/year. Each unit is all electric, the tenants pay for the electric while the landlord pays for common area electric and water. This cashing flowing 5 unit building is the perfect property for an investor looking to add 5 more doors 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. Zoned CMX2, the property allows for a broad range of mixed-use options, making it ideal for investors, developers, or owner-occupants. The corner location enhances street presence and accessibility, while the size and layout provide flexibility for future use, redevelopment, or continued community purposes. Situated in a high-traffic area with strong neighborhood amenities and convenient access to public transportation and major roadways, this property offers long-term value and multiple income-producing possibilities. Don’t miss the chance to secure a sizable, well-located building in a growing area of Philadelphia with endless potential. Schedule your showing today!
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