4409 FRANKFORD AVE Philadelphia, PA 19124

Excellent addition to a real estate portfolio! Well maintained income producing mixed use 4 unit rental property in the Frankford section of Philadelphia. This property contains a very large commercial space on the first floor and 3 one bedroom apartments on the 2nd and 3rd floor. 1st floor commercial space is currently rented to a community outreach group through June of 2022. Current rent is 1100 and automatically increases to $1200 July 1st. The space is very large with multiple office space, rooms, full bathroom and access to a spacious rear yard. This unit has Central air conditioning. 2nd floor rear is a 1 bedroom apartment currently rented for 550/month but tenant is leaving at the end of April. 2nd floor front is rented through July for $625 month. 3rd floor is a very long term tenant (14+ years) rented for $450/month on a month to month. Landlord only pays cold/hot water. All other utilities paid by tenants. Conveniently located to public transportation. Property has always been easily rented.