4-Unit Mixed-Use
For Sale
$400,000
3750-52 PULASKI AVENUE, Philadelphia, PA 19140
Two street-level commercial spaces sit beneath a pair of apartments in this four-unit property.
Property Size1,548 SF
Lot Size0.09 Acres
Days on Market116
Property Features for 3750-52 PULASKI AVENUE
General Information
Standard status
Active
Size
1,548 SF
Lot size
0.09 Acres
Property subtype
Quadruplex
Zoning
RM-1
Occupancy
100%
Site & Location
Corner Location
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$44,400
Taxes and HOA fees
Annual Taxes
$2,005
Building Details
Building Size
1,548 SF
Year Built
1930
Buildings
1
Stories
2
Construction
masonry
Tenancy
Multi
Listing Agency:
HomeSmart Realty Advisors
Listed By:
Leah Janine Burnett · License #RS345924
(215) 869-3130
Source:
Mainlinekw
Added: Jun 29
Changed: Oct 21
Last Checked: Oct 21 at 4:03AM
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 HomeSmart Realty Advisors
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Investment Insights
Based on property information with market context.
Built in 1930, this masonry property combines two ground-floor commercial units with two apartments above. The residential units are configured as one bedroom and one bathroom, and two bedrooms and one bathroom. All four units are occupied under long-term leases. The property is on a corner lot and has RM-1 zoning.
The property is minutes from SEPTA’s Wayne Junction Regional Rail station. Nearby blocks have seen new multifamily construction. The current configuration brings commercial and residential space together in one building.
The property is minutes from SEPTA’s Wayne Junction Regional Rail station. Nearby blocks have seen new multifamily construction. The current configuration brings commercial and residential space together in one building.
Key Highlights
- Four occupied units: two ground‑floor commercial spaces and two second‑floor apartments
- Apartment layouts include 1BR/1BA and 2BR/1BA
- 1930 masonry construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,349
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,980
$487.0K
Cap Rate 7%
$347,843
$347.8K
Cap Rate 9%
$270,544
$270.5K
Market Conditions
NOI Build-Up for 1,548 SF
Gross rent
$47.0K $30.36/SF
− Vacancy
−$2.7K −$1.76/SF
EGI
$44.3K $28.60/SF
− OpEx
−$19.9K −$12.87/SF
NOI
$24.3K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,980
Cap Rate 7%
$347,843
Cap Rate 9%
$270,544
Alternative Uses
Best Use
Apartment 5plus
$347.8K
$304.4K – $405.8K
NOI $24,349 @ 7.0% cap · market cap 6.09%
Second Best
Mixed Use
$262.7K
$229.9K – $306.5K
NOI $18,390 @ 7.0% cap · market cap 4.60%
Theoretical Best
Multifamily LT 5
$377.4K
$330.2K – $440.3K
NOI $26,416 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,093
Businesses Nearby
Explore this area
Business Placement
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two street-level commercial spaces sit beneath a pair of apartments in this four-unit property.
Where is this mixed-use property located?
The property is located at 3750-52 PULASKI AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four occupied units: two ground‑floor commercial spaces and two second‑floor apartments; Apartment layouts include 1BR/1BA and 2BR/1BA; 1930 masonry construction
