Investor Opportunity - 2829-2831 Frankford Ave, Philadelphia, PA
Unique package opportunity along the Frankford Avenue corridor. This offering includes 2831 Frankford Ave, a 3-story detached single-family property with basement totaling approximately 1,924 sq ft, along with the adjacent vacant corner lot at 2829 Frankford Ave, creating multiple value-add possibilities for investors and developers.
Located along Frankford Ave between E Somerset St and E Cambria St, the properties sit in a highly visible stretch of the corridor with continued residential and commercial activity.
2831 Frankford Ave comes with architectural plans already completed for a full interior renovation, reconfiguring the property into a large 5-bedroom single-family residence with an open living/dining layout, full kitchen, multiple bathrooms, and a finished basement featuring recreation space, kitchenette, and laundry. The plans also outline energy-efficient windows, updated framing, modernized mechanical layouts, and a new basement egress well, providing a clear framework for redevelopment and code compliance.
2829 Frankford Ave is a vacant CMX-3 zoned corner lot, offering frontage and development potential on both sides of 2831 Frankford Ave. The corner positioning provides excellent visibility and flexibility for new construction, mixed-use possibilities, or expansion of the neighboring property. With city utilities nearby (water, gas, sewer) and strong redevelopment activity throughout the surrounding area, the parcel offers flexibility for builders and long-term investors.
Investment Potential
This combined offering allows buyers to:
