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Mixed-Use Property with Parking
For Sale
$399,900

5556 LANSDOWNE AVE, Philadelphia, PA 19131

Mixed-use building with rental and parking income potential in Philadelphia.

Property Size1,920 SF
Price / SF$208.28
Days on Market58

Property Features for 5556 LANSDOWNE AVE

General Information

Standard status Active
Size 1,920 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence Very little work to be completed
Listing Agency: Orens Brothers Real Estate Inc
Listed By: Delea T Simmons · License #RS270761
Source: Hostetterrealty
Added: Aug 26 Changed: Oct 2 Last Checked: Oct 20 at 8:27PM

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 Orens Brothers Real Estate Inc

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Investment Insights

Based on property information with market context.

This mixed-use property at 5556 Lansdowne Ave combines rental use with on-site parking income potential. The building is described as well maintained, with limited work indicated for the interior and exterior.

The property is positioned at a corner within a neighborhood where commercial businesses occupy the other three corners. A fully furnished purchase may also be available.

Key Highlights

  • Mixed‑use property at 5556 LANSDOWNE AVE, Philadelphia, PA 19131
  • PropertySize: 1920
  • Rental and parking income potential

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,201
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,020 $604.0K
Cap Rate 7%
$431,443 $431.4K
Cap Rate 9%
$335,567 $335.6K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$58.3K $30.36/SF
− Vacancy
−$3.4K −$1.76/SF
EGI
$54.9K $28.60/SF
− OpEx
−$24.7K −$12.87/SF
NOI
$30.2K $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%
$604,020
Cap Rate 7%
$431,443
Cap Rate 9%
$335,567

Alternative Uses

Best Use
Apartment 5plus
$431.4K
$377.5K – $503.4K (±1% cap)
NOI $30,201 @ 7.0% cap · market cap 7.55%
Second Best
Mixed Use
$325.9K
$285.1K – $380.2K (±1% cap)
NOI $22,810 @ 7.0% cap · market cap 5.70%
Theoretical Best
Multifamily LT 5
$468.1K
$409.6K – $546.1K (±1% cap)
NOI $32,765 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

AISHA UNISEX SALON Hair Salon Boyermah Electronics Services ... Corporate Office

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,261
Businesses Nearby

Demographics for 19131, PA

42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with rental and parking income potential in Philadelphia.
Where is this mixed-use property located?
The property is located at 5556 LANSDOWNE AVE Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Mixed‑use property at 5556 LANSDOWNE AVE, Philadelphia, PA 19131; PropertySize: 1920; Rental and parking income potential
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