Mixed-Use Portfolio with 26
2844-48 N 5th Street Philadelphia Philadelphia, PA 19133
2844-48 N 5th Street Philadelphia, Philadelphia, PA, 19133
$2,500,000
For Sale
$2,500,000
Portfolio includes commercial and residential space across 26 total units, with five street parcels in one sale.
Property Size16,227 SF
Price / SF$154.06
Days on Market19
Property Features for 2844-48 N 5th Street Philadelphia
General Information
- Standard status
- Active
- Size
- 16,227 SF
Building Details
- Year Built
- 1920
Listing Agency
(609) 881-2414
Listed by
Carl SanFilippo
(609) 881-2414
Source
Mercercountyhomesforsale
Added: Jun 30 Checked: Jul 16 at 2:11 am
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 Carl SanFilippo
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
Local 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 | $350.5k | $21.60 |
| − Vacancy | −$42.1k | −$2.59 |
| EGI | $308.4k | $19.01 |
| − OpEx | −$115.7k | −$7.13 |
| NOI | $192.8k | $11.88 |
16,227 SF · lease $21.60/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Apartment 5plus
$3.65M
$3.19M – $4.25M
NOI $255,243 @ 7.0% cap · market cap 10.21%
Second Best
Mixed Use
$2.75M
$2.41M – $3.21M
NOI $192,777 @ 7.0% cap · market cap 7.71%
Theoretical Best
Multifamily LT 5
$3.96M
$3.46M – $4.62M
NOI $276,912 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
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 Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,500,000.
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
