2001-5 Frankford Ave, PHILADELPHIA, PA 19125
Local realty services provided by:Better Homes and Gardens Real Estate Reserve



2001-5 Frankford Ave,PHILADELPHIA, PA 19125
$3,000,000
- 12 Beds
- - Baths
- 9,120 sq. ft.
- Multi-family
- Pending
Listed by:ryan j mcmanus
Office:keller williams liberty place
MLS#:PAPH2421770
Source:BRIGHTMLS
Price summary
- Price:$3,000,000
- Price per sq. ft.:$328.95
About this home
$1M price reduction: "The Fishtown Portfolio" presents a rare investment opportunity to acquire three (3) best-in-class boutique mixed-used properties at a substantial discount to replacement cost in the most vibrant location in Philadelphia, Pennsylvania — FISHTOWN. Each building features an instantly recognizable address (Frankford Avenue and Girard Avenue) which insulate the properties and elevate the rentability factor for new ownership. 2301 Frankford = 6 apts + commercial. Signed lease for ground floor commercial (bar concept) — all apartments leased. 2001 Frankford = 8 apts + 2x commercial. Vacant ground floor commercial (to be built out once tenant's procured) — apartments in punchlist/lease up phase. 240 E Girard = 9 apts + 2x commercial. White box commercial space — apartments in lease up. These assets benefit from destination ground floor retail/commercial spaces with unrivaled street presence/exposure. Fishtown is known for its world-class culinary environment, in addition to its thriving retail, commercial and residential landscape swelling with positive demand. 28 total units are included within The Portfolio. 8.4% pro forma cap rate. 10 year tax abatement. Seize the rare opportunity to acquire trophy addresses in Philly's hottest submarket.
***PORTFOLIO SALE; 3 BUILDINGS ON OFFER (2301 FRANKFORD, 2001 FRANKFORD, 240 E GIRARD). USE SELLER'S PREFERRED TITLE COMPANY TO ENSURE SMOOTH SETTLEMENT PROCESS. TAXES, SF, FINANCIALS TO BE INDEPENDENTLY VERIFIED IN DUE DILIGENCE.
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Home facts
- Year built:2024
- Listing Id #:PAPH2421770
- Added:267 day(s) ago
- Updated:August 15, 2025 at 07:21 AM
Rooms and interior
- Bedrooms:12
- Living area:9,120 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central
Structure and exterior
- Roof:Fiberglass
- Year built:2024
- Building area:9,120 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,000,000
- Price per sq. ft.:$328.95
- Tax amount:$14,242 (2024)
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