For Sale

Listed by Ndricim Kadriu from Keller Williams Philly

Source: Bright MLS #PAPH2098080

1551 N Franklin St, Philadelphia, PA, 19122

$889,900

0.02 ac.

MultiFam

•

30+ days on the market

What's around 1551 N Franklin St

About this property

Fully occupied newer construction mixed-use triplex with 9 years left in tax abatement! Over 4100 sq. ft. A cash flowing, 4 story corner lot, and located in the booming Olde Kensington area, this property is a great investment opportunity. Bi-level commercial Unit rented for $1,900/mo , residential Unit #1 for $1400/mo, and Unit #2 for $2,400/mo . That is a cap rate of over 7.5%! (Rental Pro Forma Attached). Commercial Unit is a large bi-level unit with separate side entrance, a backyard, a large ADA restroom and a second restroom on the lower level for convenience. Unit 1 is a 1 bed/1 bath apartment with open floor plan, modern energy-efficient appliances, in-unit laundry, and beautiful finishes. Unit 2 is a bi-level 3 bed/2.5 bath apartment which has a spectacular rooftop deck with 360-degree views of the city, master suite, in-unit laundry, and a bonus area that can be used as a dining are, home office space, or just as an open space for entertaining. Some spectacular features include quartz counter-top kitchens, modern appliances, laminate flooring, luxurious vanity and elegantly tiles baths, walk-in closet, fiberglass roof deck, brick facade, high ceilings, security cameras, video doorbell intercom, etc. This is a rare investment opportunity, in a great area, at a great value!

Looking for more information on 1551 N Franklin St?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$629,000
1932 N 8th St
Philadelphia PA 19122
Multi-Family
Listing courtesy of Market Force Realty
For Sale
$649,900
628 Diamond Street
Philadelphia PA 19122
Multi-Family
Listing courtesy of RE/MAX One Realty
For Sale
$1,250,000
1426 North Franklin Street
Philadelphia PA 19122
Multi-Family
Listing courtesy of Level 18 Realty

Other properties for sale by Keller Williams Philly

For Sale
$484,900
4408 Arendell Avenue
Philadelphia PA 19114
3
3
2
Single-Family
Listing courtesy of Keller Williams Philly
For Sale
$550,000
1503 South 5th Street
Philadelphia PA 19147
Duplex
Listing courtesy of Keller Williams Philly
For Sale
$600,000
5B/950 North 2nd Street
Philadelphia PA 19123
2
2
Apartment
Listing courtesy of Keller Williams Philly

Browse properties sold in nearby areas

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams Philly participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent