Turnkey Triplex in Rapidly Developing Frankford - Fully Renovated, Fully Occupied, Strong Cash Flow This legally zoned triplex presents an exceptional investment opportunity for buyers seeking a turnkey property with professional management, above-average cash flow, and long-term upside in a high-growth area. The building features a well designed layout with… Read More 3 units. First & Second Floors: Each unit offers two bedrooms that share a full bath and one bedroom with a private en-suite. Third Floor: Includes two bedrooms and one full bath. Extensively renovated by the current owner, the property underwent a major overhaul upon purchase and a comprehensive refresh in 2025. Updates include new flooring (LVP), fresh paint, granite counters, and other modern finishes that make the building feel brand new. Professional management - described by the owner as ''outstanding'' - has significantly improved both tenant quality and building upkeep. The property is fully occupied and well maintained. Located in Frankford, one of Philadelphia's most promising up-and-coming neighborhoods, this property is surrounded by substantial public and private investment: A $21M mixed-use development featuring a grocery store and health center is just one block away. The Frankford Library recently completed a $5.5M renovation. The Frankford Transit Center is two blocks away, offering excellent connectivity. Jefferson Frankford Hospital is only three blocks from the property. Tenants appreciate the convenience of the Frankford corridor for daily needs, and investors will appreciate the long-term value proposition. Showings: To minimize disruption to tenants, showings will be limited to scheduled open-house-style events. Please refer to agent notes for details. The listing agent will be present to answer all questions. No individual showings will be permitted. Read Less
Courtesy of Deborah Nye, HomeSmart Realty Advisors [email protected]
Listing Snapshot
Days Online
26
Last Updated
Property Type
Townhouse
Square Ft.
2,544
Lot Size
0.05 Acres
Year Built
1945
MLS Number
PAPH2496536
30 Days Snapshot Of 19124
$186k
+6%
(avg) sold price
42
+75%
homes sold
46
+2%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Cooktop, Dryer, Refrigerator, Washer
Basement
Unfinished, Improved
Building
2,544 sqft living area, Built in 1945, Major renovation in 2025, Structure Type: End of Row/Townhouse, 3 units in building, Masonry
Cooling
Electric, Window Unit(s)
Exterior Features
Sidewalks, Street Lights
Foundation
Stone
Heating
Natural Gas, Forced Air
Interior Features
Ceiling Fan(s), Upgraded Countertops
Lot
2,059 sqft, Lot Size Dimensions: 20.00 x 103.00, 0.05 acres
Property
Other Structures: Above Grade, Below Grade, 2 three-bedroom units, 1 two-bedroom unit
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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