Mixed-Use Portfolio with 26
For Sale
$2,199,999
2844-48 N 5Th Street, Philadelphia, PA 19133
Portfolio includes commercial and residential space across 26 total units, with five street parcels in one sale.
Property Size16,227 SF
Price / SF$135.58
Days on Market219
Property Features for 2844-48 N 5Th Street
General Information
Standard status
Active
Size
16,227 SF
Property subtype
Commercial
Zoning
CMX25
Taxes and HOA fees
Annual Taxes
$4,304
Amenities
Electric
Yes
No
Public
Y50
50.00 x 72.00
0.08
Assessor
On Street
0.00
61500.00
Building Details
Year Built
1920
Listing Agency:
Coldwell Banker Commercial
(856) 222-0077
Listed By:
Christopher Twardy · License #1540241
(609) 304-2314
Source:
Thetristaterealestategroup
Added: Mar 18
Changed: Oct 6
Last Checked: Oct 20 at 6:17PM
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 Coldwell Banker Commercial
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Investment Insights
Based on property information with market context.
This for-sale portfolio includes over 16,227 square feet of combined commercial and residential space. The offering totals 26 units across commercial and residential configurations, providing a mixed-use structure that can be operated as-is or reworked by a new owner.
The sale includes five parcel addresses: 2844-48 N 5th St, 2850 N 5th St, 2852 N 5th St, 2854 N 5th St, and 2856 N 5th St, all located in Philadelphia, PA. The multi-parcel setup allows the portfolio to be evaluated as a single investment while still maintaining separate street addresses within the group.
For investors and owner-operators, the practical appeal is the immediate ability to collect rental income while assessing future leasing or property improvements. For buyers who prefer active management, the mix of commercial and residential units can support tenanting strategy across both use types, all within a single bundled transaction containing 26 total units.
The sale includes five parcel addresses: 2844-48 N 5th St, 2850 N 5th St, 2852 N 5th St, 2854 N 5th St, and 2856 N 5th St, all located in Philadelphia, PA. The multi-parcel setup allows the portfolio to be evaluated as a single investment while still maintaining separate street addresses within the group.
For investors and owner-operators, the practical appeal is the immediate ability to collect rental income while assessing future leasing or property improvements. For buyers who prefer active management, the mix of commercial and residential units can support tenanting strategy across both use types, all within a single bundled transaction containing 26 total units.
Key Highlights
- Portfolio listing includes over 16,227 SF of commercial and residential space
- 26 total units across commercial and residential spaces
- Sale includes five street parcels: 2844‑48 N 5th St, 2850 N 5th St, 2852 N 5th St, 2854 N 5th St, and 2856 N 5th St
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$192,777
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,855,540
$3.9M
Cap Rate 7%
$2,753,957
$2.8M
Cap Rate 9%
$2,141,967
$2.1M
Market Conditions
NOI Build-Up for 16,227 SF
Gross rent
$350.5K $21.60/SF
− Vacancy
−$42.1K −$2.59/SF
EGI
$308.4K $19.01/SF
− OpEx
−$115.7K −$7.13/SF
NOI
$192.8K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,855,540
Cap Rate 7%
$2,753,957
Cap Rate 9%
$2,141,967
Alternative Uses
Best Use
Apartment 5plus
$3.65M
$3.19M – $4.25M
NOI $255,243 @ 7.0% cap · market cap 11.60%
Second Best
Mixed Use
$2.75M
$2.41M – $3.21M
NOI $192,777 @ 7.0% cap · market cap 8.76%
Theoretical Best
Multifamily LT 5
$3.96M
$3.46M – $4.62M
NOI $276,912 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,299
Businesses Nearby
Explore this area
Business Placement
Demographics for 19133, PA
24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Portfolio includes commercial and residential space across 26 total units, with five street parcels in one sale.
Where is this mixed-use property located?
The property is located at 2844-48 N 5Th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,199,999.
What are key features of this property?
This property features: Portfolio listing includes over 16,227 SF of commercial and residential space; 26 total units across commercial and residential spaces; Sale includes five street parcels: 2844‑48 N 5th St, 2850 N 5th St, 2852 N 5th St, 2854 N 5th St, and 2856 N 5th St
