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    Mixed-Use Two-Unit Property Title is generated by Realmo AI

    148 N 52ND Street, Philadelphia, PA 19139

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    Claim this Listing
    New
    For Sale
    $350,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    1,830 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $191/SF
    Added:
    Jul 5, 2026
    Days on Market:
    4
    Last Refresh:
    Jul 8 at 10:06 am

    Property Features for 148 N 52ND Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    On Street
    Interior features
    Kitchen - Eat-In
    Standard status
    Active
    Size
    1,830 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    872

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1925
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Contact an agent
    Seyoum Gebremariam

    Listing agent Seyoum Gebremariam License #RS365419

    Listing office Keller Williams Real Estate - Media 1400 N Providence Road unit: Suite 1000, Media, PA

    Listing date Jul 5, 2026

    MLS# PAPH2644310 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.

    HighLights

    • Two‑unit property with a first‑floor convenience store and a second‑floor 3‑bedroom apartment
    • First‑floor convenience store currently operating evenings and nights
    • Second‑floor unit includes a kitchen and a full bath
    • Brick construction with basement
    • Year built: 1925
    • On‑street parking

    Overview

    This two-unit mixed-use property includes a first-floor convenience store and a second-floor 3-bedroom apartment. The store is currently operating in the evenings and at night, providing an established use for the street-level space. The apartment includes a kitchen and a full bath and is configured as a separate residential unit above the retail portion.

    The property is located at 148 N 52ND Street in Philadelphia, PA 19139. It sits in a busy area, which may support continued retail activity and keep the residential unit connected to a high-visibility, commercial corridor setting. The lot size is listed at 0.0388 acres.

    For tenants, buyers, or operators, the layout offers flexibility with two different spaces under one roof: a convenience store footprint below and a full residential unit above. This configuration can appeal to an owner-operator looking to combine retail operations with on-site housing, or to investors seeking a property that already has a retail use in place while also providing an independent apartment unit. The seller is open to negotiations with reasonable offers.

    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 $47.2k $25.80
    − Vacancy −$2.6k −$1.42
    EGI $44.6k $24.38
    − OpEx −$13.4k −$7.31
    NOI $31.2k $17.06
    1,830 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $446.1K
    $390.4K – $520.5K (±1% cap)
    NOI $31,229 @ 7.0% cap · market cap 8.92%
    Second Best
    Apartment 5plus
    $411.2K
    $359.8K – $479.8K (±1% cap)
    NOI $28,785 @ 7.0% cap · market cap 8.22%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    CnC Philadelphia Commercial ... Hardware & Home Improvement

    Suggested Use

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

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

    Similar Places Nearby

    • Connie's Food Market — 5153 Walnut St, Philadelphia, PA 19139
    • E&B Super Market — 447 S 55th St, Philadelphia, PA 19143
    • The Fresh Grocer of 56th & Chestnut — 5601 Chestnut St, Philadelphia, PA 19139
    • Larchwood Supermarket IV INC — 5800 Larchwood Ave, Philadelphia, PA 19143
    • .. — 5562 Chancellor St, Philadelphia, PA 19139

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.22459
    Latitude
    39.96282

    FAQs

    What type of property is this?
    Grocery and convenience store - Convenience store on the first floor with a 3-bedroom apartment above, offering two distinct income-generating spaces.
    Where is this grocery and convenience store located?
    The property is located at 148 N 52ND Street 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 property with a first‑floor convenience store and a second‑floor 3‑bedroom apartment; First‑floor convenience store currently operating evenings and nights; Second‑floor unit includes a kitchen and a full bath
    More about this property
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