Mixed-Use Building with
1103-05 Cottman Avenue, Philadelphia, PA 19111
For Sale
New
$589,000
Pending
A commercial retail unit is paired with two apartment units.
Property Size2,024 SF
Days on Market2
Property Features for 1103-05 Cottman Avenue
General Information
Standard status
Size
Zoning
Site & Location
Neighborhood
Mixed-Use Components
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
Natural Gas
Yes
No
Public
Y30
31.00 x 72.00
0.05
Assessor
On Street
2024.00
48140.00
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Equity Pennsylvania Real Estate
(267) 522-8112
Listed By:
Monish R Patel · License #RM425589
(267) 716-5932
Source:
Mullenrealty
Added: Nov 5
Changed: Nov 6
Last Checked: Nov 6 at 8:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Pennsylvania Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,046-square-foot mixed-use property contains a retail unit and two apartment units. The building dates to 1953 and is zoned CMX1.
Located at 1103-05 Cottman Avenue in Philadelphia, the property combines commercial and residential space within one building.
Located at 1103-05 Cottman Avenue in Philadelphia, the property combines commercial and residential space within one building.
Key Highlights
- Retail unit and two apartment units in one building
- 2,046 square feet
- CMX1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,621
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$552,420
$552.4K
Cap Rate 7%
$394,586
$394.6K
Cap Rate 9%
$306,900
$306.9K
Market Conditions
NOI Build-Up for 2,046 SF
Gross rent
$49.1K $24.00/SF
− Vacancy
−$4.9K −$2.40/SF
EGI
$44.2K $21.60/SF
− OpEx
−$16.6K −$8.10/SF
NOI
$27.6K $13.50/SF
Area
ZIP 19111
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$552,420
Cap Rate 7%
$394,586
Cap Rate 9%
$306,900
Alternative Uses
Best Use
Mixed Use
$394.6K
$345.3K – $460.4K
NOI $27,621 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$361.9K
$316.7K – $422.2K
NOI $25,332 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$620.3K
$542.8K – $723.7K
NOI $43,423 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,235
Businesses Nearby
Explore this area
Business Placement
Demographics for 19111, PA
67,017
Population
27,518
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
13,962
Density / Sq Mi
$60,441
Median Household Income
$39,065
Median Earnings
$1,221
Median Rent
$244,000
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A commercial retail unit is paired with two apartment units.
Where is this mixed-use property located?
The property is located at 1103-05 Cottman Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Retail unit and two apartment units in one building; 2,046 square feet; CMX1 zoning
