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Mixed-Use Building with Apartments
For Sale
$450,000

3300 PRINCETON AVE, Philadelphia, PA 19149

Multi-Family, PHILADELPHIA, PA

Property Size2,040 SF
Lot Size0.04 Acres
Price / SF$220.59
Days on Market48

Property Features for 3300 PRINCETON AVE

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 2,040 SF
Lot size 0.04 Acres

Additional Details

Currently Operating Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Annual Amount 4424

Utilities

Heating system Hot Water(Heating), Other (Heating), Baseboard
Cooling system Central Air, Window Unit(s)

Building Details

Year built 1950
Number of units 2
Building materials Masonry
Architectural style Other
Buildings 1
Listing Agency: Century 21 Advantage Gold-Southampton · Century 21 Real Estate
Listed By: Connery Koski · License #AB069215
Added: Sep 8 Changed: Oct 23 Last Checked: Oct 25 at 7:06AM
MLS# PAPH2668130

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This masonry mixed-use property contains 2,040 square feet on a 0.0446-acre lot and was built in 1950. Ground-floor commercial space is currently used as a salon. Two apartments occupy the upper floors, each with two bedrooms and one bathroom. The salon space and third-floor apartment are to be delivered vacant; the second-floor apartment completes the two-unit residential component.

The property is at 3300 Princeton Ave in Philadelphia, Pennsylvania, and is zoned CMX-1. Building systems include hot-water and baseboard heating options, along with central air and window-unit cooling. A basement is also present.

Key Highlights

  • 2,040‑square‑foot mixed‑use property on a 0.0446‑acre lot
  • Two apartments, each with 2 bedrooms and 1 bathroom
  • Ground‑floor salon space and third‑floor apartment to be delivered vacant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,928
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,560 $538.6K
Cap Rate 7%
$384,686 $384.7K
Cap Rate 9%
$299,200 $299.2K
Market Conditions
NOI Build-Up for 2,040 SF
Gross rent
$49.0K $24.00/SF
− Vacancy
−$5.9K −$2.88/SF
EGI
$43.1K $21.12/SF
− OpEx
−$16.2K −$7.92/SF
NOI
$26.9K $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%
$538,560
Cap Rate 7%
$384,686
Cap Rate 9%
$299,200

Alternative Uses

Best Use
Apartment 5plus
$3.91M
$3.42M – $4.56M (±1% cap)
NOI $273,413 @ 7.0% cap · market cap 60.76%
Second Best
Mixed Use
$384.7K
$336.6K – $448.8K (±1% cap)
NOI $26,928 @ 7.0% cap · market cap 5.98%
Theoretical Best
—
—
same as Best Use
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

Salon Retra Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,486
Businesses Nearby

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

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two residential units sit above ground-floor commercial space in this CMX-1-zoned property.
Where is this mixed-use property located?
The property is located at 3300 PRINCETON AVE Philadelphia, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,040‑square‑foot mixed‑use property on a 0.0446‑acre lot; Two apartments, each with 2 bedrooms and 1 bathroom; Ground‑floor salon space and third‑floor apartment to be delivered vacant
More about this property
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