Mixed-Use Building in Rising
5144 HAVERFORD Avenue Philadelphia, PA 19139
For Sale
$375,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,804 SF
Lot Size0.03 Acres
Price / SF$207.87
Days on Market528
Property Features for 5144 HAVERFORD Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,804 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1535
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing Agency:
Realty Mark Cityscape-Huntingdon Valley
(215) 583-7777
Listed By:
Elisavet Antonouli · License #RS346993
(267) 377-3323
Added: Feb 12, 2025
Changed: Jun 9
Last Checked: Jul 25 at 6:06PM
MLS# PAPH2444958
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in a rising neighborhood in Northwest Philadelphia, this mixed-use building presents an opportunity for investors seeking rental income. The property is situated on a major two-lane road. The building includes a barber shop on the first floor, currently rented for $1,350, and a two-bedroom apartment rented for $975 on a month-to-month basis, both below market price. The gross yearly rental income is $27,900. Expenses include real estate taxes, insurance, and occasional maintenance. The property size is 1,804 square feet, situated on a 0.0283-acre lot. This property can be sold as a package with the property at 5146 Haverford Ave.
Key Highlights
- Reduced Price: Now offered at $375,000.
- Seller Financing: Available for qualified buyers with $100,000-$150,000 down.
- Income Generating: Mixed‑use building currently generating income from a barber shop and apartment.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.8k | $30.36 |
| − Vacancy | −$3.2k | −$1.76 |
| EGI | $51.6k | $28.60 |
| − OpEx | −$23.2k | −$12.87 |
| NOI | $28.4k | $15.73 |
1,804 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hair Thangs
Barber Shop
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with rental income in Northwest Philadelphia.
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: Reduced Price: Now offered at $375,000.; Seller Financing: Available for qualified buyers with $100,000-$150,000 down.; Income Generating: Mixed‑use building currently generating income from a barber shop and apartment.
