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Mixed-Use Building with Daycare
For Sale
$550,000

3300 Saint Vincent St, Philadelphia, PA 19149

Corner property combining a renovated commercial space with two spacious three-bedroom apartments and separately metered utilities.

Property Size2,053 SF
Price / SF$267.90
Days on Market59

Property Features for 3300 Saint Vincent St

General Information

Standard status Active
Size 2,053 SF
Property subtype Residential Income
Occupancy 100%

Site & Location

Corner Location Yes
Utilities to Site Yes

Additional Details

Floor Ground
Gross Income $15,360

Taxes and HOA fees

Annual Taxes $4,368

Amenities

central air conditioning
powder room
storage room
laundry area
tanning room

Building Details

Tenancy Single
Listing Agency: A Plus Realtors LLC
Listed By: Shicheng Wu
Source: Exprealty
Added: Jul 18 Changed: Sep 8 Last Checked: Sep 14 at 1:06PM

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 A Plus Realtors LLC

Investment Insights

Based on property information with market context.

This 2,053-square-foot mixed-use building includes a 1,000 sq. ft. ground-floor commercial space currently leased and operated as a newly renovated daycare center. The commercial area offers central air conditioning, a powder room, storage room, laundry area, tanning room, and a full basement with additional storage and mechanical systems. All utilities are separately metered for gas, electric, and heating.

The residential portion contains two large three-bedroom apartments, each with a spacious living room, full eat-in kitchen, ceramic tile bathroom, and generously sized bedrooms. The first-floor apartment is being delivered vacant, while the second-floor apartment is currently rented. The property is located at the corner of Saint Vincent St in Philadelphia, PA.

Key Highlights

  • 2,053‑square‑foot mixed‑use building with commercial and residential components
  • 1,000 sq. ft. renovated ground‑floor daycare center
  • Two spacious 3‑bedroom apartments

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,234
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.32%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$584,680 $584.7K
Cap Rate 7%
$417,629 $417.6K
Cap Rate 9%
$324,822 $324.8K
Market Conditions
NOI Build-Up for 2,053 SF 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.
Gross rent
$43.1K $21.00/SF
− Vacancy
−$1.3K −$0.66/SF
EGI
$41.8K $20.34/SF
− OpEx
−$12.5K −$6.10/SF
NOI
$29.2K $14.24/SF
Area
ZIP 19149
Vacancy
3.13%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$584,680
Cap Rate 7%
$417,629
Cap Rate 9%
$324,822

Alternative Uses

Best Use
Apartment 5plus
$3.93M
$3.44M – $4.59M (±1% cap)
NOI $275,156 @ 7.0% cap · market cap 50.03%
Second Best
Multifamily LT 5
$417.6K
$365.4K – $487.2K (±1% cap)
NOI $29,234 @ 7.0% cap · market cap 5.32%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,604
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner property combining a renovated commercial space with two spacious three-bedroom apartments and separately metered utilities.
Where is this mixed-use property located?
The property is located at 3300 Saint Vincent St Philadelphia, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,053‑square‑foot mixed‑use building with commercial and residential components; 1,000 sq. ft. renovated ground‑floor daycare center; Two spacious 3‑bedroom apartments
More about this property
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