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    Mixed-Use Building in Rising Neighborhood

    5144 HAVERFORD Avenue Philadelphia, PA 19139

    5144 HAVERFORD Avenue, Philadelphia, PA, 19139
    $375,000
    For Sale
    Claim this Listing
    $375,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property Size1,804 SF
    Lot Size0.03 Acres
    Price / SF$207.87
    AddedFeb 12, 2025
    Days on Market519
    Last RefreshJul 16 at 1:06 am

    Property Features for 5144 HAVERFORD Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    On Street
    Standard status
    Active
    Size
    1,804 SF
    Lot size
    0.03 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1535

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Number of units
    2
    Building materials
    Masonry
    Architectural style
    Other

    Listing agent Elisavet Antonouli License #RS346993

    Listing office Realty Mark Cityscape-Huntingdon Valley 2250 Terwood Drive, Southampton, PA

    Listing date Feb 12, 2025

    MLS# PAPH2444958 Listing URL

    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.

    Located in a rising neighborhood in Northwest Philadelphia, this mixed-use building presents an opportunity for investors seeking rental income. The property is situated on a major two-lane road. The building includes a barber shop on the first floor, currently rented for $1,350, and a two-bedroom apartment rented for $975 on a month-to-month basis, both below market price. The gross yearly rental income is $27,900. Expenses include real estate taxes, insurance, and occasional maintenance. The property size is 1,804 square feet, situated on a 0.0283-acre lot. This property can be sold as a package with the property at 5146 Haverford Ave.

    Key Highlights

    • Reduced Price: Now offered at $375,000.
    • Seller Financing: Available for qualified buyers with $100,000-$150,000 down.
    • Income Generating: Mixed‑use building currently generating income from a barber shop and apartment.

    Local Financial Insights For Apartment 5plus

    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 $54.8k $30.36
    − Vacancy −$3.2k −$1.76
    EGI $51.6k $28.60
    − OpEx −$23.2k −$12.87
    NOI $28.4k $15.73
    1,804 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $405.4K
    $354.7K – $472.9K (±1% cap)
    NOI $28,376 @ 7.0% cap · market cap 7.57%
    Second Best
    Mixed Use
    $306.2K
    $267.9K – $357.2K (±1% cap)
    NOI $21,432 @ 7.0% cap · market cap 5.72%
    Theoretical Best
    Multifamily LT 5
    $439.8K
    $384.8K – $513.1K (±1% cap)
    NOI $30,785 @ 7.0% cap · market cap 8.21%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Hair Thangs Barber Shop

    Suggested Use

    Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Gym & Fitness Center Dental Office Acupuncture HVAC Service Electrical Service Travel Agency

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

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with rental income in Northwest Philadelphia.
    Where is this mixed-use property located?
    The property is located at 5144 HAVERFORD Avenue Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Reduced Price: Now offered at $375,000.; Seller Financing: Available for qualified buyers with $100,000-$150,000 down.; Income Generating: Mixed‑use building currently generating income from a barber shop and apartment.
    Contact an agent
    (267) 377-3323
    We can help!
    Contact an agent
    Elisavet Antonouli
    Real Estate License ID: RS346993
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