SoldAug 30, 2025

Listed by Deborah Nye from HomeSmart Realty Advisors

Bought with Steven Wynn

Source: Bright MLS #PAPH2496536

1610 Dyre St, Philadelphia, PA, 19124

$342,000

8
2544 sq. ft.
2059 sq. ft.

Duplex

13 days on the market

Sold: Aug 30, 2025

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About this property

Turnkey Triplex in Rapidly Developing Frankford – Fully Renovated, Fully Occupied, Strong Cash Flow This legally zoned triplex presents an exceptional investment opportunity for buyers seeking a turnkey property with professional management, above-average cash flow, and long-term upside in a high-growth area. The building features a well designed layout with 3 units. First & Second Floors: Each unit offers two bedrooms that share a full bath and one bedroom with a private en-suite. Third Floor: Includes two bedrooms and one full bath. Extensively renovated by the current owner, the property underwent a major overhaul upon purchase and a comprehensive refresh in 2025. Updates include new flooring (LVP), fresh paint, granite counters, and other modern finishes that make the building feel brand new. Professional management—described by the owner as “outstanding”—has significantly improved both tenant quality and building upkeep. The property is fully occupied and well maintained. Located in Frankford, one of Philadelphia’s most promising up-and-coming neighborhoods, this property is surrounded by substantial public and private investment: A $21M mixed-use development featuring a grocery store and health center is just one block away. The Frankford Library recently completed a $5.5M renovation. The Frankford Transit Center is two blocks away, offering excellent connectivity. Jefferson Frankford Hospital is only three blocks from the property. Tenants appreciate the convenience of the Frankford corridor for daily needs, and investors will appreciate the long-term value proposition. Showings: To minimize disruption to tenants, showings will be limited to scheduled open-house-style events. Please refer to agent notes for details. The listing agent will be present to answer all questions. No individual showings will be permitted.

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