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Mixed-Use Property with Retail and Apartments

1901 N HOWARD Street Philadelphia, PA 19122

1901 N HOWARD Street, Philadelphia, PA, 19122
$740,000
For Sale
$740,000

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size2,200 SF
Lot Size0.03 Acres
Price / SF$336.36
Days on Market114

Property Features for 1901 N HOWARD Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Standard status
Active
Size
2,200 SF
Lot size
0.03 Acres

Taxes and HOA fees

Tax Annual Amount
2270

Utilities

Heating system
Heat Pump (Heating), Baseboard, Electric (Heating)
Cooling system
Ductless, Window Unit(s)

Building Details

Year built
1915
Number of units
3
Building materials
Masonry
Architectural style
Other
Listing agency Keller Williams Real Estate-Langhorne
Listed by Monica A Flores · License #AB068347
Added: Apr 1 Updated: Jul 13 at 10:49AM Checked: Jul 23 at 5:06AM
MLS# PAPH2601032

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 mixed-use building offers five income streams with three commercial suites on the first floor and two residential units on the upper levels. The first floor includes a hair salon currently generating $1,200 per month, a second suite at $800 per month, and a third suite operating as a barber shop at $950 per month. The upper floors include a 1-bedroom apartment rented for $1,040 per month and a 2-bedroom unit that was previously rented for $1,200 per month.

The property is identified as a CMX-2 mixed-use asset. It is positioned near the intersection of Fishtown and Northern Liberties, with convenient access to major highways and public transportation, according to the listing remarks.

At approximately 2,200 square feet on a 0.0274-acre lot, the property is being marketed as a mixed-use investment with both in-place revenue and value-add considerations.

Key Highlights

  • 1915 masonry mixed‑use property with CMX‑2 zoning and on‑street parking
  • First floor has 3 commercial suites: hair salon ($1,200/mo), suite 2 ($800/mo), and barber shop ($950/mo)
  • Upper level includes 2 residential units: 1‑bedroom ($1,040/mo) and 2‑bedroom (previously $1,200/mo)

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 $56.8k $25.80
− Vacancy −$3.1k −$1.42
EGI $53.6k $24.38
− OpEx −$16.1k −$7.31
NOI $37.5k $17.06
2,200 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$536.3K
$469.3K – $625.7K (±1% cap)
NOI $37,543 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$494.4K
$432.6K – $576.8K (±1% cap)
NOI $34,605 @ 7.0% cap · market cap 4.68%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Rosalinda Beauty Salon Hair Salon

Suggested Use

Law Firm (Bike/Boat/Book/etc) Store Parking Lot & Garage Travel Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store Arcade & Gaming Center (Bike/Boat/Book/etc) Store Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Five-unit mixed-use building with three ground-floor commercial suites and two residential apartments above.
Where is this duplex located?
The property is located at 1901 N HOWARD Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: 1915 masonry mixed‑use property with CMX‑2 zoning and on‑street parking; First floor has 3 commercial suites: hair salon ($1,200/mo), suite 2 ($800/mo), and barber shop ($950/mo); Upper level includes 2 residential units: 1‑bedroom ($1,040/mo) and 2‑bedroom (previously $1,200/mo)
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