Mixed-Use Property with
182 West Roosevelt Boulevard, Philadelphia, PA 19120
Mixed-use property featuring apartments, basement room, and rentable garages.
Type:Multi-Family / Fee Simple
Property size:
1,440 SFPrice / SF:
$187/SF- Added:
- Oct 26, 2025
- Days on Market:
- 218
- Last Refresh:
- Mar 13 at 6:23 pm
Property Features for 182 West Roosevelt Boulevard
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1930
Listing agent Carleen Mossett (215) 247-3750
Listing office Weichert Realtors-Whitemarsh* (215) 247-3750
Listing date Oct 26, 2025
Source Compass
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 Weichert Realtors-Whitemarsh*
HighLights
- Multiple streams of revenue from two apartments and three garages.
- Mixed‑use building with two one‑bedroom apartments and three rentable garages.
- Includes separate basement room suitable for office or storage.
- Second‑floor unit features a private patio.
- First‑floor apartment is currently vacant.
- Property has been well‑maintained.
Overview
This investment property features a mixed-use building with two one-bedroom apartments, a basement room suitable for an office or storage, and three rentable garages. The property is being sold together with the garages' address at 4851 N. Palethorp Street, Parcel No. 422377900. The first-floor unit is vacant. The second-floor unit is occupied and rents for $950 per month, while each garage rents for $150 per month. The second floor includes a patio off the living room. The property is located in Philadelphia, PA, within the 19120 MLS Area and the Philadelphia City School District. The property size is 1440 square feet. The property provides multiple streams of revenue.
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 | $24.0k | $16.68 |
| − Vacancy | −$1.7k | −$1.20 |
| EGI | $22.3k | $15.48 |
| − OpEx | −$6.7k | −$4.64 |
| NOI | $15.6k | $10.83 |
1,440 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$222.9K
$195.0K – $260.0K
NOI $15,600 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$198.2K
$173.4K – $231.3K
NOI $13,875 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$344.0K
$301.0K – $401.3K
NOI $24,079 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Precise Experience
Hair Salon
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.126292
- Latitude
- 40.024683
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Mixed-use property featuring apartments, basement room, and rentable garages.
Where is this duplex located?
The property is located at 182 West Roosevelt Boulevard Philadelphia, PA.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Multiple streams of revenue from two apartments and three garages.; Mixed‑use building with two one‑bedroom apartments and three rentable garages.; Includes separate basement room suitable for office or storage.
