Corner Mixed-Use
1713 WOLF Street Philadelphia, PA 19145
1713 WOLF Street, Philadelphia, PA, 19145
$369,900
For Sale
$369,900
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size2,232 SF
Lot Size0.03 Acres
Price / SF$165.73
Days on Market159
Property Features for 1713 WOLF Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,232 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5788
Utilities
- Heating system
- Baseboard, Hot Water(Heating)
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agency
Alpha Realty Group
(215) 463-0777
Listed by
Joseph Biancaniello · License #RM047735A
(215) 519-3706
Added: Feb 13 Updated: Jun 9 at 11:49AM Checked: Jul 22 at 11:06PM
MLS# PAPH2583602
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.
This corner mixed-use property offers multiple income-producing components within a compact footprint. The building includes a small commercial space/office, a first-floor rear one-bedroom apartment, and a very large second-floor two-bedroom apartment. In addition, the basement is rented out to a plumbing contractor for storage. The total property size is listed at 2,232 square feet on a 0.0298-acre lot.
The property is located at 1713 Wolf Street in Philadelphia, positioned in the Melrose area of South Philadelphia, based on the public remarks.
For investors or owner-operators seeking a multi-unit setup, the configuration provides separate residential units alongside a commercial office component, with an additional storage arrangement in the basement. The presence of both apartment and commercial space may appeal to buyers looking for a varied income stream within one building.
The property is located at 1713 Wolf Street in Philadelphia, positioned in the Melrose area of South Philadelphia, based on the public remarks.
For investors or owner-operators seeking a multi-unit setup, the configuration provides separate residential units alongside a commercial office component, with an additional storage arrangement in the basement. The presence of both apartment and commercial space may appeal to buyers looking for a varied income stream within one building.
Key Highlights
- Corner property in the heart of the Melrose neighborhood
- Investment property with multiple rental units
- Includes a commercial space/office
Local Financial Insights For Office B
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 | $49.0k | $21.96 |
| − Vacancy | −$9.9k | −$4.41 |
| EGI | $39.2k | $17.55 |
| − OpEx | −$9.8k | −$4.39 |
| NOI | $29.4k | $13.16 |
2,232 SF · lease $21.96/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$419.6K
$367.2K – $489.5K
NOI $29,372 @ 7.0% cap · market cap 7.94%
Second Best
Mixed Use
$378.8K
$331.5K – $441.9K
NOI $26,516 @ 7.0% cap · market cap 7.17%
Theoretical Best
Multifamily LT 5
$544.1K
$476.1K – $634.8K
NOI $38,089 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Corner building with an office/commercial space, apartments on the first and second floors, and basement storage rental.
Where is this mixed-use property located?
The property is located at 1713 WOLF Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Corner property in the heart of the Melrose neighborhood; Investment property with multiple rental units; Includes a commercial space/office
