$ 775,000
-
$775,000
Price -
0
Bed -
2
Bath -
3,609
SqFt
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About the Listing 61007 - 3126032,3186587
Prime location in East Kensington / Fishtown! 2557 Amber Street offers an amazing opportunity to own an income-producing asset along Frankford Avenue’s bustling Business Corridor. Surrounded by new construction and new businesses, this property stands out due to its LARGE 28’ x 75’ footprint, mixed-use CMX2 zoning, and classic Philly character. The first-floor commercial space and facade were fully renovated in 2019 with many significant improvements, including commercial windows and doors, new water and electrical service, an ADA-compliant entrance ramp and customer bathroom, new HVAC, kitchen, and retail area with modern finishes. Casa Borinqueña Restaurant currently occupies the space under a NNN lease through 2030, with a tenant option to renew through 2035. The commercial lease includes 3% yearly increases for consistent income growth. Two full-floor loft-style apartments occupy the 2nd and 3rd levels of the building, featuring hardwood floors, in-unit laundry, central air, modern kitchens and baths, and large windows that give each unit tons of natural light. Both units have a strong rental history and are leased through September 2026 (Unit 2) and December 2026 (Unit 3).
Listing Highlights
Status
Active
Days on Site
10
Property Type
Multi-Family
MLS ®
PAPH2593588
Year Built
1875
Total Square Footage
3,609
Lot/Acreage
0.03
Interior Details
- Bedrooms: 0
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor: Tile/Brick,Wood
- Above Ground Sq Ft: 3609
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 28.00 x 75.00
- Zoning: CMX2
- Roof:
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $4,798
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
2557 Amber St Philadelphia, PA 19125
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