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    Mixed-Use Property with Garages Title is generated by Realmo AI

    182 West Roosevelt Boulevard, Philadelphia, PA 19120

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    Claim this Listing
    For Sale
    $270,000

    Mixed-use property featuring apartments, basement room, and rentable garages.

    Type:Multi-Family / Fee Simple
    Property size:
    1,440 SF
    Price / 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

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    Listing Contact
    Carleen Mossett
    Carleen Mossett

    Listing agent Carleen Mossett

    Listing office Weichert Realtors-Whitemarsh*

    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 (±1% cap)
    NOI $15,600 @ 7.0% cap · market cap 5.78%
    Second Best
    Apartment 5plus
    $198.2K
    $173.4K – $231.3K (±1% cap)
    NOI $13,875 @ 7.0% cap · market cap 5.14%
    Theoretical Best
    Office A
    $344.0K
    $301.0K – $401.3K (±1% cap)
    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

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.126292
    Latitude
    40.024683

    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.
    More about this property
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