Mixed-Use Property with Separate
3152 Princeton Ave, Philadelphia, PA 19149
For Sale
New
$499,900
A medical office and three-bedroom residence have distinct private entrances.
Property Size2,700 SF
Price / SF$185.15
Days on Market6
Property Features for 3152 Princeton Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Office Units
Currently Operating
Property Use
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
RE/MAX Access
Listed By:
Christopher Thude · License PA RS289256
(215) 817-0261
Source:
Viewmarylandhomesforsale
Added: Nov 7
Changed: Nov 10
Last Checked: Nov 10 at 2:22PM
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 RE/MAX Access
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1950, this mixed-use property combines a medical office with a three-bedroom residence. The two spaces have separate private entrances, and the commercial area has housed a medical practice since 1987. The HVAC system is reported as four years old.
The property is located at 3152 Princeton Ave in Philadelphia, Pennsylvania.
The property is located at 3152 Princeton Ave in Philadelphia, Pennsylvania.
Key Highlights
- Medical practice established at the property since 1987
- Separate private entrances serve the office and residence
- Three‑bedroom residential space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,448
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,960
$849.0K
Cap Rate 7%
$606,400
$606.4K
Cap Rate 9%
$471,644
$471.6K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$70.3K $26.04/SF
− Vacancy
−$13.7K −$5.08/SF
EGI
$56.6K $20.96/SF
− OpEx
−$14.1K −$5.24/SF
NOI
$42.4K $15.72/SF
Area
ZIP 19149
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,960
Cap Rate 7%
$606,400
Cap Rate 9%
$471,644
Alternative Uses
Best Use
Office B
$606.4K
$530.6K – $707.5K
NOI $42,448 @ 7.0% cap · market cap 8.49%
Second Best
Healthcare Medical
$562.4K
$492.1K – $656.1K
NOI $39,366 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$818.6K
$716.3K – $955.1K
NOI $57,303 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,486
Businesses Nearby
Explore this area
Business Placement
Demographics for 19149, PA
60,408
Population
20,810
Households
2.9
Avg Household Size
33
Median Age
15%
College-Educated
76%
High-School Grad
2.4 sq mi
ZIP Area
25,170
Density / Sq Mi
$54,679
Median Household Income
$33,111
Median Earnings
$1,484
Median Rent
$198,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - A medical office and three-bedroom residence have distinct private entrances.
Where is this mixed-use property located?
The property is located at 3152 Princeton Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Medical practice established at the property since 1987; Separate private entrances serve the office and residence; Three‑bedroom residential space
