Mixed-Use Property with
For Sale
$405,000
1201 S 19TH STREET, Philadelphia, PA 19146
CMX1-zoned property combining a corner retail store with residential units and requiring complete interior renovation.
Property Size2,790 SF
Days on Market239
Property Features for 1201 S 19TH STREET
General Information
Standard status
Active
Size
2,790 SF
Property subtype
Five Or More Units
Site & Location
Neighborhood
South Philadelphia
Units
Unit Mix
5 x 1BR
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$5,490
Building Details
Building Size
2,790 SF
Year Built
1915
Listing Agency:
Realty Mark Associates
Listed By:
Howard J Casper · License #RS312106
(267) 934-7777
Source:
Patmckennarealtors
Added: Mar 11
Changed: Oct 31
Last Checked: Nov 3 at 3:15PM
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 Realty Mark Associates
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 1915 mixed-use property contains a corner store and five one-bedroom apartments within 2,712 square feet. The interior requires a complete renovation, and the existing store area is identified as a potential sixth apartment conversion. The property is zoned CMX1 and occupies a 0.03-acre lot with an 18.00 x 64.00 lot dimension.
The location is within two blocks of Washington Avenue stores and restaurants. Public water and natural gas are listed among the property features, while parking is identified as on-street. The building offers a combined commercial and residential configuration for redevelopment within an established Philadelphia setting.
The location is within two blocks of Washington Avenue stores and restaurants. Public water and natural gas are listed among the property features, while parking is identified as on-street. The building offers a combined commercial and residential configuration for redevelopment within an established Philadelphia setting.
Key Highlights
- Mixed‑use building with a corner store and five 1BR apartments
- 2,712 SF property on a 0.03‑acre lot
- CMX1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,145
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,900
$662.9K
Cap Rate 7%
$473,500
$473.5K
Cap Rate 9%
$368,278
$368.3K
Market Conditions
NOI Build-Up for 2,790 SF
Gross rent
$60.3K $21.60/SF
− Vacancy
−$7.2K −$2.59/SF
EGI
$53.0K $19.01/SF
− OpEx
−$19.9K −$7.13/SF
NOI
$33.1K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,900
Cap Rate 7%
$473,500
Cap Rate 9%
$368,278
Alternative Uses
Best Use
Apartment 5plus
$626.9K
$548.6K – $731.4K
NOI $43,885 @ 7.0% cap · market cap 10.84%
Second Best
Mixed Use
$473.5K
$414.3K – $552.4K
NOI $33,145 @ 7.0% cap · market cap 8.18%
Theoretical Best
Multifamily LT 5
$680.2K
$595.1K – $793.5K
NOI $47,611 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
3,200
Businesses Nearby
Explore this area
Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - CMX1-zoned property combining a corner retail store with residential units and requiring complete interior renovation.
Where is this mixed-use property located?
The property is located at 1201 S 19TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: Mixed‑use building with a corner store and five 1BR apartments; 2,712 SF property on a 0.03‑acre lot; CMX1 zoning
