Mixed-Use Building with
3567 KENSINGTON AVENUE, Philadelphia, PA 19134
For Sale
$519,999
A commercial occupant on the ground floor is paired with a separate residence above.
Property Size1,980 SF
Price / SF$262.63
Days on Market168
Property Features for 3567 KENSINGTON AVENUE
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Road Access
Public Transit
Mixed-Use Components
Additional Details
Multifamily Units
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
Keller Williams Main Line
Listed By:
Jon M O'Shea · License #ab069634
(267) 780-3419
Source:
Wagnerrealestate
Added: May 26
Changed: Nov 9
Last Checked: Nov 8 at 7:39PM
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 Keller Williams Main Line
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Investment Insights
Based on property information with market context.
This renovated mixed-use property combines ground-floor commercial space occupied by a tenant with a separate apartment on the upper level. Building work included updates to systems and finishes.
The property is located on Kensington Avenue in Philadelphia, with transit access described as convenient.
The property is located on Kensington Avenue in Philadelphia, with transit access described as convenient.
Key Highlights
- Ground‑floor commercial space has an existing tenant
- Separate residential apartment occupies the upper level
- Renovation included updates to building systems and finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,522
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,440
$470.4K
Cap Rate 7%
$336,029
$336.0K
Cap Rate 9%
$261,356
$261.4K
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$42.8K $21.60/SF
− Vacancy
−$5.1K −$2.59/SF
EGI
$37.6K $19.01/SF
− OpEx
−$14.1K −$7.13/SF
NOI
$23.5K $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%
$470,440
Cap Rate 7%
$336,029
Cap Rate 9%
$261,356
Alternative Uses
Best Use
Mixed Use
$336.0K
$294.0K – $392.0K
NOI $23,522 @ 7.0% cap · market cap 4.52%
Second Best
Retail
$319.7K
$279.7K – $373.0K
NOI $22,378 @ 7.0% cap · market cap 4.30%
Theoretical Best
Multifamily LT 5
$482.7K
$422.4K – $563.1K
NOI $33,788 @ 7.0% cap · market cap 6.50%
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
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,933
Businesses Nearby
85k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Groceries 25%
Electronics 5%
Dining 1%
Save-A-Lot
Groceries
17,070 visits/mo
0.4 miles
Speedway
Shops & Services
13,509 visits/mo
0.4 miles
PNC Bank
Shops & Services
10,477 visits/mo
0.4 miles
AutoZone
Shops & Services
8,299 visits/mo
0.4 miles
7-Eleven
Shops & Services
7,848 visits/mo
0.5 miles
Demographics for 19134, PA
57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - A commercial occupant on the ground floor is paired with a separate residence above.
Where is this mixed-use property located?
The property is located at 3567 KENSINGTON AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $519,999.
What are key features of this property?
This property features: Ground‑floor commercial space has an existing tenant; Separate residential apartment occupies the upper level; Renovation included updates to building systems and finishes
