Man shot dead, another stabbed during incident at Philadelphia home

PHILADELPHIA (WPVI) -- An investigation is underway after a man was shot and killed and another man was stabbed during an incident in Philadelphia's Frankford neighborhood Wednesday night.

Officers responded to the 5400 block of Harbison Avenue and found a 64-year-old man suffering from a gunshot wound to the chest and a second man, believed to be in his 30s, suffering from multiple stab wounds.

The shooting victim was transported to a nearby hospital, where he was pronounced dead.

Police said the second victim suffered stab wounds to his arms and legs. He remains hospitalized in critical condition but is expected to survive.

Investigators said witnesses reported hearing an altercation inside the home followed by a gunshot.

According to Chief Inspector Scott Small, the 62-year-old man lived at the residence.

Authorities recovered a handgun and three knives from the scene.

Police believe the two men knew each other.

The identities of the men have not been released.

Small said investigators are not seeking any additional suspects at this time.

The circumstances leading up to the incident remain under investigation.