Three-Story Mixed-Use
For Sale
$379,000
3201-00 FANSHAWE ST, Philadelphia, PA 19149
Commercial space anchors the ground level, with two occupied apartments arranged across the upper floors.
Property Size1,852 SF
Price / SF$204.64
Days on Market48
Property Features for 3201-00 FANSHAWE ST
General Information
Standard status
Active
Size
1,852 SF
Property subtype
Multi-family
Site & Location
Neighborhood
Northeast Philadelphia
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
HK99 Realty LLC
Listed By:
Qiu Yan Rao · License #0683419
(215) 725-7888
Source:
Hostetterrealty
Added: Sep 18
Changed: Oct 31
Last Checked: Nov 3 at 6:46AM
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 HK99 Realty LLC
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.
This mixed-use building combines a ground-floor commercial area with two residential apartments above. The second level contains a one-bedroom, one-bath unit, while the third floor provides a two-bedroom, one-bath layout. Both apartments are occupied, creating an established residential component within the property’s vertical configuration.
The property is located in Philadelphia and offers access to public transportation. Supermarkets, banks, and schools are within walking distance, adding everyday convenience for occupants and supporting the building’s blend of commercial and residential uses.
The property is located in Philadelphia and offers access to public transportation. Supermarkets, banks, and schools are within walking distance, adding everyday convenience for occupants and supporting the building’s blend of commercial and residential uses.
Key Highlights
- Mixed‑use configuration with commercial space on the first floor
- Two residential apartments positioned on the upper floors
- Second‑floor apartment includes 1 bedroom and 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,446
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,920
$488.9K
Cap Rate 7%
$349,229
$349.2K
Cap Rate 9%
$271,622
$271.6K
Market Conditions
NOI Build-Up for 1,852 SF
Gross rent
$44.4K $24.00/SF
− Vacancy
−$5.3K −$2.88/SF
EGI
$39.1K $21.12/SF
− OpEx
−$14.7K −$7.92/SF
NOI
$24.4K $13.20/SF
Area
ZIP 19149
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,920
Cap Rate 7%
$349,229
Cap Rate 9%
$271,622
Alternative Uses
Best Use
Apartment 5plus
$3.55M
$3.10M – $4.14M
NOI $248,217 @ 7.0% cap · market cap 65.49%
Second Best
Mixed Use
$349.2K
$305.6K – $407.4K
NOI $24,446 @ 7.0% cap · market cap 6.45%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,297
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
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space anchors the ground level, with two occupied apartments arranged across the upper floors.
Where is this mixed-use property located?
The property is located at 3201-00 FANSHAWE ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Mixed‑use configuration with commercial space on the first floor; Two residential apartments positioned on the upper floors; Second‑floor apartment includes 1 bedroom and 1 bath
