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6525 Frankford Avenue,  Philadelphia PA, 19135

(Active)
$289,900
|
2,044 sqft
|
MLS# PAPH821648
1of
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Last Updated: 8/21/2019 1:03 AM
Description for 6525 Frankford Avenue Philadelphia, PA 19135
Welcome to the heart of Mayfair! Situated in the midst of one of the city's most walkable and vibrant neighborhoods, this mixed-use opportunity offers the potential for three (3) distinct income streams. Owner-occupied for many years as a barber shop, the property has an efficient layout for two (2) apartments in addition to the storefront. The first floor is demised into the front shop with interior doorway to an oversized bi-level one-bedroom apartment at the rear with an entrance off the driveway. There is also a common entrance off Frankford Avenue leading to a shared second floor hallway. The front of the second floor contains an efficiency unit with private bathroom, kitchen and front living space. Interior finishes are older and need upgrades with some fixtures in need of replacement as the apartments have been vacant for some time. The roof is about four (4) years old and the electric service has been upgraded. A hard-wired fire alarm system serves the property as well as a security alarm system. The oil-fired hot water heating system is about six (6) years old and a wall-mounted electric air conditioning/heat pump system serves the shop as well as a supplemental gas-fired wall heater. The basement is accessed from the shop and is unfinished but has good potential with ample ceiling height and a toilet enclosure which is not in active use. Barber chairs and equipment are excluded from the sale. This mixed-use investment property has SEPTA's Route 66 trackless trolley at its front door and is situated in close proximity to popular local spots such as Grey Lodge Pub, Tony's Place and Chickie's and Pete's. Wawa is located directly across Frankford Avenue. Call the agent today to set up a showing!
Price
$289,900
Mayfair
PHILADELPHIA
2,044 (approx)
PAPH821648
Active
Description
Welcome to the heart of Mayfair! Situated in the midst of one of the city's most walkable and vibrant neighborhoods, this mixed-use opportunity offers the potential for three (3) distinct income streams. Owner-occupied for many years as a barber shop, the property has an efficient layout for two (2) apartments in addition to the storefront. The first floor is demised into the front shop with interior doorway to an oversized bi-level one-bedroom apartment at the rear with an entrance off the driveway. There is also a common entrance off Frankford Avenue leading to a shared second floor hallway. The front of the second floor contains an efficiency unit with private bathroom, kitchen and front living space. Interior finishes are older and need upgrades with some fixtures in need of replacement as the apartments have been vacant for some time. The roof is about four (4) years old and the electric service has been upgraded. A hard-wired fire alarm system serves the property as well as a security alarm system. The oil-fired hot water heating system is about six (6) years old and a wall-mounted electric air conditioning/heat pump system serves the shop as well as a supplemental gas-fired wall heater. The basement is accessed from the shop and is unfinished but has good potential with ample ceiling height and a toilet enclosure which is not in active use. Barber chairs and equipment are excluded from the sale. This mixed-use investment property has SEPTA's Route 66 trackless trolley at its front door and is situated in close proximity to popular local spots such as Grey Lodge Pub, Tony's Place and Chickie's and Pete's. Wawa is located directly across Frankford Avenue. Call the agent today to set up a showing!
Listing Information
Property Type: General Commercial, Other
0.03 Acres 3O 2,044 (approx)
$141.83 1940
Mayfair
Gas Water Heater, Electric Water Heater, Public Wa
Public Septic System, Public Sewer
Telephone, Electric service available
Neighborhood
Room Information
Interior Features
Electric, Wall Air Conditioning
Oil, Hot Water, Wall Unit
3
Exterior / Lot Features
None
16.66 x 83.67
CMX2.5
Driving Directions
From Frankford and Knorr, go a couple blocks north to just past Gilham Street. Property is on the left hand side. From Frankford and Levick, go a couple blocks south to just past Greeby Street and the property is on the right hand side.
Financial Considerations
$2,150
2019
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19135 has a population of 1,578,455.

The median household income in Philadelphia, Pennsylvania 19135 is $35,148. The median household income for the surrounding county is $36,996 compared to the national median of $49,877. The median age of people living in Philadelphia 19135 is 36 years.

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Courtesy: Tacony Real Estate
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved
This content last refreshed on 8/21/2019 1:03 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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