Building Details

Year Built 1930

Buildings 1

Construction masonry

Tenancy Multi

Listing Agency: HomeSmart Realty Advisors

Listed By: Leah Janine Burnett · License #RS345924 Show Phone

Source: Upgradebymichaud

Added: Aug 10 Changed: Oct 2 Last Checked: Oct 16 at 1:05PM

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Investment Insights

Based on property information with market context.

This 1,548-square-foot mixed-use building contains four units arranged across two levels. The ground floor includes two commercial spaces, while the second floor provides one one-bedroom, one-bath apartment and one two-bedroom, one-bath apartment. All four units are currently occupied. Constructed in 1930, the masonry property is offered in its existing condition.

The building occupies a 3,733-square-foot RM1-zoned corner lot at 3750-52 Pulaski Ave in Philadelphia, Pennsylvania. The parcel measures 44' x 85'. Prospective purchasers should independently confirm zoning compliance, use registration, and any permits or licenses applicable to their intended commercial use. Showings require 48 hours’ notice and submitted proof of funds.

Key Highlights

• Four occupied units: two commercial spaces and two residential apartments
• 1,548 SF mixed‑use building constructed in 1930
• 3,733 sf RM1‑zoned corner lot

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

Is this asking price fair?

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 (±1% cap)

NOI $24,349 @ 7.0% cap · market cap 6.09%

Second Best

Mixed Use

$262.7K

$229.9K – $306.5K (±1% cap)

NOI $18,390 @ 7.0% cap · market cap 4.60%

Theoretical Best

Multifamily LT 5

$377.4K

$330.2K – $440.3K (±1% cap)

NOI $26,416 @ 7.0% cap · market cap 6.60%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Acupuncture Cafe & Coffee Shop Computer & Electronic Repair

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

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

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 - Four occupied units combine ground-floor commercial space with one- and two-bedroom apartments.

Where is this mixed-use property located?

The property is located at 3750 3750-52 Pulaski Ave 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 commercial spaces and two residential apartments; 1,548 SF mixed‑use building constructed in 1930; 3,733 sf RM1‑zoned corner lot