Mixed-Use Garage with Loft
For Sale
$199,000
3010 N 7th St, Philadelphia, PA 19133
Two-level property combines a garage with an upper studio apartment, office, bathroom, and full deck.
Property Size1,200 SF
Price / SF$165.83
Days on Market81
Property Features for 3010 N 7th St
General Information
Standard status
Active
Size
1,200 SF
Units
Unit Mix
1 x studio
Multifamily Units
1
Amenities
full deck
Building Details
Year Built
1925
Listing Agency:
KW Empower
Listed By:
Luis Luciano · License #RS327269
(215) 987-7633
Source:
Tbhteam
Added: Jul 25
Changed: Oct 2
Last Checked: Oct 12 at 9:59PM
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 KW Empower
Investment Insights
Based on property information with market context.
Located at 3010 N 7TH ST in Philadelphia, this mixed-use property includes an 18ft wide x 66 ft deep garage with an office and 1 full bathroom on the first floor. A loft studio apartment occupies the upper level and includes a full deck. Buyer to confirm zoning and legal use.
Key Highlights
- 18ft wide x 66 ft deep garage
- Loft studio apartment above the garage
- Full deck serving the studio apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,256
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,120
$285.1K
Cap Rate 7%
$203,657
$203.7K
Cap Rate 9%
$158,400
$158.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$25.9K $21.60/SF
− Vacancy
−$3.1K −$2.59/SF
EGI
$22.8K $19.01/SF
− OpEx
−$8.6K −$7.13/SF
NOI
$14.3K $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%
$285,120
Cap Rate 7%
$203,657
Cap Rate 9%
$158,400
Alternative Uses
Best Use
Mixed Use
$203.7K
$178.2K – $237.6K
NOI $14,256 @ 7.0% cap · market cap 7.16%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$292.5K
$256.0K – $341.3K
NOI $20,478 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,328
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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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combines a garage with an upper studio apartment, office, bathroom, and full deck.
Where is this mixed-use property located?
The property is located at 3010 N 7th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 18ft wide x 66 ft deep garage; Loft studio apartment above the garage; Full deck serving the studio apartment
