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Duplex and Industrial Garage Portfolio

PHILADELPHIA, PA 19125 Philadelphia, PA 19125

Philadelphia, PA, 19125
$630,000
For Sale
Claim this Listing
$630,000

MULTI_FAMILY - PHILADELPHIA, PA

Property Size2,000 SF
Price / SF$315
AddedJul 7
Days on Market8
Last RefreshJul 14 at 9:06 pm

Property Features

General Information

Property type
Residential Multi Family
Property subtype
Townhouse
Standard status
Active
Size
2,000 SF

Building Details

Year built
1875

Listing agent Benjamin Wong License #RS323778

Listing office BHHS Fox & Roach Blue Bell PA

Listing date Jul 7, 2026

MLS# PAPH2645110

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale portfolio includes two properties offered together: 2605 Frankford Avenue and 2607 Frankford Avenue. 2605 is configured as a duplex, while 2607 is described as an industrial garage-style building that extends from Frankford Avenue through to Amber Street.

The package is zoned CMX-2, which the listing notes provides flexibility for future redevelopment and commercial uses, subject to City approvals. The industrial garage property includes a driveway with parking for approximately four vehicles and is described as a through lot with multiple points of access.

City approvals and permitted uses are not confirmed in the listing, and the buyer is responsible for verifying zoning and development potential with Philadelphia L&I and other appropriate professionals.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $51.6k $25.80
− Vacancy −$2.8k −$1.42
EGI $48.8k $24.38
− OpEx −$14.6k −$7.31
NOI $34.1k $17.06
2,000 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$487.6K
$426.6K – $568.8K (±1% cap)
NOI $34,130 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$449.4K
$393.2K – $524.3K (±1% cap)
NOI $31,459 @ 7.0% cap · market cap 4.99%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Package includes a duplex and a garage-style industrial building, both zoned CMX-2.
Where is this duplex located?
The property is located at Philadelphia, PA.
What is the asking price?
The asking price for this property is $630,000.
Contact an agent
More about this property
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