Presented By: BHHS Fox & Roach The Harper at Rittenhouse Square
MLS# PAPH2471492
04/22/2025
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SQFT • 2,376
Home Details
Dont miss this rare opportunity to own a fully occupied, income-producing mixed-use triplex in the heart of Fishtownone of Philadelphias most dynamic and desirable neighborhoods. This versatile property features two updated residential units and a prime ground-floor commercial space, offering a diverse and stable revenue stream from day one.
The two residential units are thoughtfully designed with modern finishes, hardwood floors, and plenty of natural lightmaking them ideal rentals for tenants who want to be steps from Fishtowns thriving scene of restaurants, coffee shops, and boutiques. The commercial storefront offers high visibility, strong foot traffic, and flexible usability for a variety of businesses, from retail to office or studio space. With large display windows and a welcoming entrance, its an ideal setup for any entrepreneur looking to tap into the energy of the neighborhood.
This property is not only turn-key, but it's also a strategic long-term hold. Fishtowns continued growth and popularity among young professionals, creatives, and families make this an excellent opportunity for investors looking to add a high-performing asset to their portfolio. The property's close proximity to public transportation and major roadways adds even more appeal for tenants and customers alike.
All three units are currently leased, providing immediate cash flow. Whether you're expanding your investment portfolio or looking for a prime location for your business, this mixed-use property offers the perfect balance of functionality, visibility, and future potential. Showings are by appointment onlyplease do not enter the commercial space unless youre a patron of the business. Contact the listing agent for lease terms and rent roll details.
Presented By: BHHS Fox & Roach The Harper at Rittenhouse Square
Interior Features for 2228 Frankford Avenue
Other Interior Features
Central Air Y/NYes
Heating FuelOther
Heating Y/NYes
Hot WaterOther
General for 2228 Frankford Avenue
Acceptable FinancingNegotiable
AccessibilityNone
Association Recreation FeeN
Business TypeOther/General Retail
Cap Rate7.12
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelOther
CoolingCentral A/C
CountyPHILADELPHIA
Directionsoff of E Dauphin St
HeatingOther
Insurance Expense3012.00
Lease Considered Y/NNo
Lot Size Square Feet900.00
Lot Size UnitsSquare Feet
MLS Area19125 (19125)
ModificationTimestamp2025-05-28T10:56:20
MunicipalityPHILADELPHIA
Net Operating Income49755.00
New ConstructionNo
Number Of Units Total3
Operating Expense6990.00
OwnerPaysOther, Taxes - Real Estate, Snow Removal, Sewer, Common Area Maintenance
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