148 N 52ND Street Philadelphia, PA 19139
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Features for 148 N 52ND Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- Kitchen - Eat-In
- Standard status
- Active
- Size
- 1,830 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 872
Utilities
- Heating system
- Other (Heating)
Building Details
- Year built
- 1925
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing agent Seyoum Gebremariam License #RS365419 (610) 324-2065
Listing office Keller Williams Real Estate - Media 1400 N Providence Road unit: Suite 1000, Media, PA (610) 565-1995
Listing date Jul 5, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 148 N 52ND Street in Philadelphia, PA 19139. It sits in a busy area, which may support continued retail activity and keep the residential unit connected to a high-visibility, commercial corridor setting. The lot size is listed at 0.0388 acres.
For tenants, buyers, or operators, the layout offers flexibility with two different spaces under one roof: a convenience store footprint below and a full residential unit above. This configuration can appeal to an owner-operator looking to combine retail operations with on-site housing, or to investors seeking a property that already has a retail use in place while also providing an independent apartment unit. The seller is open to negotiations with reasonable offers.
Key Highlights
- Two‑unit property with a first‑floor convenience store and a second‑floor 3‑bedroom apartment
- First‑floor convenience store currently operating evenings and nights
- Second‑floor unit includes a kitchen and a full bath
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.2k | $25.80 |
| − Vacancy | −$2.6k | −$1.42 |
| EGI | $44.6k | $24.38 |
| − OpEx | −$13.4k | −$7.31 |
| NOI | $31.2k | $17.06 |
Alternative Uses
Property Analytics
Current Use by Public Records
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- .. — 5562 Chancellor St, Philadelphia, PA 19139
