Two-Unit Mixed-Use
For Sale
$350,000
148 N 52nd, Philadelphia, PA 19139
Ground-floor convenience retail is paired with an upper-level three-bedroom apartment with a kitchen and full bathroom.
Property Size1,830 SF
Price / SF$191.26
Days on Market89
Property Features for 148 N 52nd
General Information
Standard status
Active
Size
1,830 SF
Units
Unit Mix
1 x 3BR/1BA
Multifamily Units
1
Building Details
Year Built
1925
Stories
2
Listing Agency:
Keller Williams Real Estate - Media
Listed By:
Seyoum Gebremariam · License #RS365419
(610) 324-2065
Source:
Selltheshore
Added: Jul 24
Changed: Oct 9
Last Checked: Oct 7 at 4:02PM
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 Keller Williams Real Estate - Media
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Investment Insights
Based on property information with market context.
This two-unit mixed-use property combines a ground-floor convenience store with an apartment above. The retail space is currently operating during evening and nighttime hours, while the residential unit includes three bedrooms, a kitchen, and a full bathroom.
Constructed in 1925, the property is located at 148 N 52nd in Philadelphia, Pennsylvania. Its arrangement places commercial and residential uses within the same building, offering a clearly defined layout for an owner-user or purchaser evaluating both components.
Constructed in 1925, the property is located at 148 N 52nd in Philadelphia, Pennsylvania. Its arrangement places commercial and residential uses within the same building, offering a clearly defined layout for an owner-user or purchaser evaluating both components.
Key Highlights
- Two‑unit mixed‑use configuration
- Ground‑floor convenience store currently operating during evening and nighttime hours
- Upper‑level three‑bedroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,785
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,700
$575.7K
Cap Rate 7%
$411,214
$411.2K
Cap Rate 9%
$319,833
$319.8K
Market Conditions
NOI Build-Up for 1,830 SF
Gross rent
$55.6K $30.36/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$52.3K $28.60/SF
− OpEx
−$23.6K −$12.87/SF
NOI
$28.8K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,700
Cap Rate 7%
$411,214
Cap Rate 9%
$319,833
Alternative Uses
Best Use
Apartment 5plus
$411.2K
$359.8K – $479.8K
NOI $28,785 @ 7.0% cap · market cap 8.22%
Second Best
Specialty Retail
$378.8K
$331.5K – $442.0K
NOI $26,517 @ 7.0% cap · market cap 7.58%
Theoretical Best
Multifamily LT 5
$446.1K
$390.4K – $520.5K
NOI $31,229 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,008
Businesses Nearby
89k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 23%
Apparel 9%
Electronics 2%
McDonald's
Dining
22,600 visits/mo
0.3 miles
McDonald's
Dining
22,065 visits/mo
0.5 miles
Dunkin' Donuts
Dining
11,353 visits/mo
0.5 miles
Family Dollar
Shops & Services
6,477 visits/mo
0.1 miles
Rainbow
Apparel
4,913 visits/mo
0.2 miles
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor convenience retail is paired with an upper-level three-bedroom apartment with a kitchen and full bathroom.
Where is this mixed-use property located?
The property is located at 148 N 52nd Philadelphia, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑unit mixed‑use configuration; Ground‑floor convenience store currently operating during evening and nighttime hours; Upper‑level three‑bedroom apartment
