Two-Unit Mixed-Use
New
For Sale
$289,900
2700 EARP STREET, Philadelphia, PA 19146
Ground-floor commercial space pairs with a separate three-bedroom residential unit.
Property Size1,408 SF
Days on Market2
Property Features for 2700 EARP STREET
General Information
Standard status
Active
Size
1,408 SF
Property subtype
Duplex
Site & Location
Corner Location
Yes
End Cap
Yes
Additional Details
Floor
Ground
Taxes and HOA fees
Annual Taxes
$1,374
Amenities
windows on three sides
abundance of natural light
premium hardwood floors
central heating & A/C
metal gated side entrance
metal-gated garage
full unfinished basement
Building Details
Building Size
1,408 SF
Year Built
1923
Stories
2
Tenancy
Single
Listing Agency:
Kin Realty, LLC
(267) 912-7888
Listed By:
Kin M. Cheng · License #RM425018
(267) 912-7888
Source:
Patmckennarealtors
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 4 at 4:15AM
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 Kin Realty, LLC
Investment Insights
Based on property information with market context.
Built in 1923, this two-unit mixed-use property at 2700 Earp Street combines a commercial storefront on the ground level with a separate residential unit above. The storefront can accommodate retail, office, or service-oriented operations, while the upper residence includes three bedrooms, one and a half bathrooms, a living room, dining room, and kitchen.
The residential space has been renovated with hardwood flooring, central heating and air conditioning, and windows on three sides that bring in natural light. A gated side entrance, metal-secured garage, and full unfinished basement provide additional access, security, and storage. The property is being offered in as-is condition. The seller operated a carry-out restaurant on site and did not maintain a rental license during ownership.
The residential space has been renovated with hardwood flooring, central heating and air conditioning, and windows on three sides that bring in natural light. A gated side entrance, metal-secured garage, and full unfinished basement provide additional access, security, and storage. The property is being offered in as-is condition. The seller operated a carry-out restaurant on site and did not maintain a rental license during ownership.
Key Highlights
- Two‑unit mixed‑use configuration with commercial storefront and separate residential space
- Upper‑level residence includes 3 bedrooms and 1.5 bathrooms
- Renovated interior with hardwood floors and central heating and A/C
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 | $36.3k | $25.80 |
| − Vacancy | −$2.0k | −$1.42 |
| EGI | $34.3k | $24.38 |
| − OpEx | −$10.3k | −$7.31 |
| NOI | $24.0k | $17.06 |
1,408 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$343.2K
$300.3K – $400.5K
NOI $24,027 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$316.4K
$276.8K – $369.1K
NOI $22,147 @ 7.0% cap · market cap 7.64%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,389
Businesses Nearby
Explore this area
Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space pairs with a separate three-bedroom residential unit.
Where is this mixed-use property located?
The property is located at 2700 EARP STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two‑unit mixed‑use configuration with commercial storefront and separate residential space; Upper‑level residence includes 3 bedrooms and 1.5 bathrooms; Renovated interior with hardwood floors and central heating and A/C
