Mixed-Use Building with Barber
For Sale
$375,000
5144 Haverford Avenue, Philadelphia, PA 19139
Two-income-use property with a commercial storefront and month-to-month apartment tenancy on Haverford Avenue.
Property Size1,804 SF
Price / SF$207.87
Days on Market614
Property Features for 5144 Haverford Avenue
General Information
Standard status
Active
Size
1,804 SF
Property subtype
Multi-Family
Zoning
CMX1
Financials
Cap Rate
7%
Gross Income
$28,800
Average Monthly Rent
$1,050
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,535
Amenities
Other
Carpet,Ceramic Tile
Electric
Yes
No
2
Assessor
No Pool
The Seller owns the Barber Shop equipment,and he includes them in the sale.
Public
S30
16.00 x 77.00
0.03
On Street
21940.00
Building Details
Building Size
1,804 SF
Year Built
1920
Buildings
1
Tenancy
Multi
Listing Agency:
Penn One Realty
(856) 222-0077
Listed By:
Amanda Strain
(610) 679-0127
Source:
Thetristaterealestategroup
Added: Feb 12, 2025
Changed: Oct 12
Last Checked: Oct 19 at 4:37AM
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 Penn One Realty
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Investment Insights
Based on property information with market context.
This 1,804-square-foot mixed-use building, constructed in 1920, combines a first-floor barber shop with a two-bedroom apartment. The sale includes the barber shop equipment, providing an existing commercial setup alongside residential space. The apartment is leased month-to-month, while the property’s financial profile reflects an approximate 7% cap rate.
Located at 5144 Haverford Avenue in Philadelphia, the property is zoned CMX1 and includes on-street parking. Interior finishes include carpet and ceramic tile, with electric service noted throughout. The building offers a compact commercial and residential configuration suited to an owner-operator or investor seeking both storefront and apartment occupancy.
Located at 5144 Haverford Avenue in Philadelphia, the property is zoned CMX1 and includes on-street parking. Interior finishes include carpet and ceramic tile, with electric service noted throughout. The building offers a compact commercial and residential configuration suited to an owner-operator or investor seeking both storefront and apartment occupancy.
Key Highlights
- 1,804 SF mixed‑use building at 5144 Haverford Avenue
- First‑floor barber shop with equipment included in the sale
- Two‑bedroom apartment leased month‑to‑month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,376
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,520
$567.5K
Cap Rate 7%
$405,371
$405.4K
Cap Rate 9%
$315,289
$315.3K
Market Conditions
NOI Build-Up for 1,804 SF
Gross rent
$54.8K $30.36/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$51.6K $28.60/SF
− OpEx
−$23.2K −$12.87/SF
NOI
$28.4K $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%
$567,520
Cap Rate 7%
$405,371
Cap Rate 9%
$315,289
Alternative Uses
Best Use
Apartment 5plus
$405.4K
$354.7K – $472.9K
NOI $28,376 @ 7.0% cap · market cap 7.57%
Second Best
Mixed Use
$306.2K
$267.9K – $357.2K
NOI $21,432 @ 7.0% cap · market cap 5.72%
Theoretical Best
Multifamily LT 5
$439.8K
$384.8K – $513.1K
NOI $30,785 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,869
Businesses Nearby
117k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Shops & Services 38%
Groceries 16%
Apparel 7%
McDonald's
Dining
22,600 visits/mo
0.5 miles
McDonald's
Dining
22,065 visits/mo
0.4 miles
Save-A-Lot
Groceries
18,565 visits/mo
0.5 miles
Dollar General
Shops & Services
9,664 visits/mo
0.5 miles
AutoZone
Shops & Services
7,230 visits/mo
0.5 miles
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-income-use property with a commercial storefront and month-to-month apartment tenancy on Haverford Avenue.
Where is this mixed-use property located?
The property is located at 5144 Haverford Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,804 SF mixed‑use building at 5144 Haverford Avenue; First‑floor barber shop with equipment included in the sale; Two‑bedroom apartment leased month‑to‑month
