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William Mercogliano III

themercteam@gmail.com +1(856) 472-9836

Listed by Ryan McManus • Keller Williams Liberty Place

$2,299,000

Est. payment - /mo

5,900 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 5,900 sqft

Price per Sqft $389

Subdivision Fishtown

MLS Listing ID PAPH2551470

Style Contemporary

Abv Grd Liv Area 5,900

Year Built 2022

Available Date 2025-11-05

Annual Tax Amount $1,650

Tax Year 2025

Lot Size 2,740 Sqft

Acres 0.06

Lot Dimensions 29.00 x 87.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Introducing 2414 Frankford Avenue — a turnkey 7-unit investment property, prominently located with 29' feet of prime frontage on one of Philly's most recognizable streets — Frankford Avenue Fishtown. This fully-leased boutique apartment property features six (6) apartments over ground floor commercial space. The ±5900 SF, 3-storey building is comprised of two (2) bi-level 2bd x 2ba units and four (4) 1bd x 1ba units atop 796 SF of prime commercial space, leased to Philadelphia Barber Co. Designed by Canno, the curb appeal emanates along the Frankford Ave corridor — surrounded by some of the city's best restaurants, retailers, cafes and bars. Factory styled oversized windows emit an overflow of natural light in the apartments coupled with slick kitchens and baths, European-inspired finishes, high ceilings, and laundry and storage for convenience. Purchase this irreplaceable multifamily building in a Top-10 USA MSA — the #1 destination to visit in 2026 — where extremely high barriers-to-entry exist. 2414 Frankford boasts a completely walkable setting in Fishtown proper, with an abundance of amenities and conveniences available within a short stroll, such as: The Market-Frankford El train, Shake Shack, La Colombe, Kalaya, Forin, Suraya, LMNO, Goldie, City Fitness, Front Street Cafe, Middle Child Clubhouse, Laser Wolf, Wm. Mulherin's Sons, Pizzeria Beddia, Palmer Park, and more. Fishtown has become a locally-prized destination for top chefs, retailers and creators — and tenants alike. There is no shortage of residential demand in this coveted submarket. There are limited opportunities to invest in high-quality real estate in Fishtown due to its scarcity. High-growth rental submarket. 10yr tax abatement. Minimal OPEX. Enquire within for financials.

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 5900

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881000745

Ownership Fee Simple

SqFt Source 5900

Special Listing Condition Standard

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William Mercogliano III

+1(856) 472-9836

Broker Associate License ID: 0893537

2414 FRANKFORD AVE Philadelphia, PA 19125

William Mercogliano III

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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