Mixed-Use Live-Work
For Sale
$289,999
1630 S 58TH Street, Philadelphia, PA 19143
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,850 SF
Lot Size0.03 Acres
Price / SF$156.76
Days on Market46
Property Features for 1630 S 58TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,850 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
1573
Utilities
Cooling system
Ductless
Building Details
Year built
1920
Number of units
2
Building materials
Masonry
Listing Agency:
Realty Mark Associates
(215) 376-4444
Listed By:
Janek Hancock · License #RS330380
(215) 376-4444
Added: Jun 16
Changed: Jul 7
Last Checked: Jul 31 at 11:06AM
MLS# PAPH2637372
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.
This turn-key mixed-use property is arranged for live and work under one roof. The first floor offers a spacious commercial/event space that is currently configured for gatherings and special events, with the flexibility to adapt to office, retail, salon, studio, wellness, or other professional service uses. The second level is a generously sized 3-bedroom apartment designed for comfortable daily living. For heating and cooling, the apartment features ductless mini-split heating alongside central air conditioning.
Located at 1630 S 58TH Street in Philadelphia, the property is positioned on a well-traveled street with abundant parking available on both sides. The offering is presented with lower taxes than many comparable commercial and residential multi-unit properties in the area.
The layout is practical for owner-occupants who want a storefront or service space below and a residence above, as well as for investors looking to combine business and rental income streams within a single building. The property’s dual-use configuration can also support flexible operating models, depending on how the first-floor space is tailored to a tenant’s or owner’s needs.
Located at 1630 S 58TH Street in Philadelphia, the property is positioned on a well-traveled street with abundant parking available on both sides. The offering is presented with lower taxes than many comparable commercial and residential multi-unit properties in the area.
The layout is practical for owner-occupants who want a storefront or service space below and a residence above, as well as for investors looking to combine business and rental income streams within a single building. The property’s dual-use configuration can also support flexible operating models, depending on how the first-floor space is tailored to a tenant’s or owner’s needs.
Key Highlights
- Mixed‑use property with a commercial/event space on the first floor and a residential apartment above
- First‑floor space currently configured for gatherings and special events, with options to support office, retail, salon, studio, wellness, and professional services
- Spacious 3‑bedroom apartment above the commercial space
Financial Insights For Mixed Use
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 | $44.4k | $24.00 |
| − Vacancy | −$4.4k | −$2.40 |
| EGI | $40.0k | $21.60 |
| − OpEx | −$15.0k | −$8.10 |
| NOI | $25.0k | $13.50 |
1,850 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$482.8K
$422.4K – $563.2K
NOI $33,793 @ 7.0% cap · market cap 11.65%
Second Best
Retail
$460.6K
$403.1K – $537.4K
NOI $32,245 @ 7.0% cap · market cap 11.12%
Theoretical Best
Office A
$634.1K
$554.8K – $739.8K
NOI $44,386 @ 7.0% cap · market cap 15.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
Explore this area
Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
Market
Vacancy Rate% for Office in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Turn-key commercial/event space with a 3-bedroom apartment above, equipped with central air and ductless mini-splits.
Where is this live-work space located?
The property is located at 1630 S 58TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $289,999.
What are key features of this property?
This property features: Mixed‑use property with a commercial/event space on the first floor and a residential apartment above; First‑floor space currently configured for gatherings and special events, with options to support office, retail, salon, studio, wellness, and professional services; Spacious 3‑bedroom apartment above the commercial space
