Major Price Reduction and Updated Rents and Income statement! Want to own a building with a cool new Brewery and 2 apartments? Well then make sure to check out this turnkey 3 unit Commercial Mixed Use Building in the heart of Fishtown's Frankford Avenue Business Corridor. 2023 RE taxes actually DECREASED for this building. Low Annual Real Estate Taxes at $2,704. The 1st Floor commercial space is operated by Brewery ARS under a multi year NNN lease. The 2nd Floor is 2BR/1 Bath and 3rd floor is 1BR/1 Bath. Zoned CMX-2. Updates: New roof, new exterior paint, new brick pointing, new concrete front step, new windows throughout, new carpet throughout, new front door/new brewery door. Apartment 3 had a new kitchen installed a couple years back, newer washer dryer, new lighting fixtures, new bathroom vanity, new carpet, fresh paint. Apartment 2 has fresh paint, newer kitchen countertop, new bathroom vanity, new light fixtures. First floor Brewery has done some major plumbing and electrical upgrades along with lots of aesthetically appealing cosmetics. Very attractive exposed brick and modern look. The Basement also had some plumbing, electrical upgrades and a new Bilco door. Annual Income $52,788. ** 2225-27 Frankford - Vacant lot -4 Story building proposed with 1st fl Commercial and 5 apts above. 2221 Frankford - new construction in process.**
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