Residential Income Property with
For Sale
$425,000
2012 FRANKFORD AVENUE Unit 4B, Philadelphia, PA 19125
The two-level residence includes two bedrooms, two bathrooms, and private outdoor space above a ground-floor café.
Property Size1,181 SF
Price / SF$359.86
Days on Market172
Property Features for 2012 FRANKFORD AVENUE Unit 4B
General Information
Standard status
Active
Size
1,181 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Kensington
Road Access
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$953
Amenities
private rooftop
Building Details
Building Size
1,181 SF
Year Built
2017
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Sebastian Che Jenkins I · License #RS361140
(215) 971-5098
Source:
Wagnerrealestate
Added: May 17
Changed: Nov 2
Last Checked: Nov 4 at 9:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Pennsylvania, LLC
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Investment Insights
Based on property information with market context.
This 1,181-square-foot residence is arranged across two levels and contains two bedrooms and two bathrooms. Built in 2017, it is part of a boutique new-construction building and includes a private rooftop terrace. Contemporary finishes and a layout balancing open living areas with separation between levels define the interior.
The property is on Frankford Avenue in Philadelphia’s Fishtown neighborhood, above Cake & Joe Cafe. Riverwards Produce is across the street, with restaurants, cafes, cocktail lounges, and boutique shopping nearby.
The property is on Frankford Avenue in Philadelphia’s Fishtown neighborhood, above Cake & Joe Cafe. Riverwards Produce is across the street, with restaurants, cafes, cocktail lounges, and boutique shopping nearby.
Key Highlights
- Two bedrooms and two bathrooms across a bi‑level layout
- 1,181 square feet with a private rooftop
- Built in 2017 in a boutique building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,577
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,540
$371.5K
Cap Rate 7%
$265,386
$265.4K
Cap Rate 9%
$206,411
$206.4K
Market Conditions
NOI Build-Up for 1,181 SF
Gross rent
$35.9K $30.36/SF
− Vacancy
−$2.1K −$1.76/SF
EGI
$33.8K $28.60/SF
− OpEx
−$15.2K −$12.87/SF
NOI
$18.6K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,540
Cap Rate 7%
$265,386
Cap Rate 9%
$206,411
Alternative Uses
Best Use
Apartment 5plus
$265.4K
$232.2K – $309.6K
NOI $18,577 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$287.9K
$251.9K – $335.9K
NOI $20,154 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,781
Businesses Nearby
Explore this area
Business Placement
Demographics for 19125, PA
25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The two-level residence includes two bedrooms, two bathrooms, and private outdoor space above a ground-floor café.
Where is this residential income property located?
The property is located at 2012 FRANKFORD AVENUE Unit 4B Philadelphia, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms across a bi‑level layout; 1,181 square feet with a private rooftop; Built in 2017 in a boutique building
