Mixed-Use Triplex with
New
For Sale
$275,000
5702 N 5TH, Philadelphia, PA 19120
Ground-floor retail space is paired with two apartments and additional area behind the storefront.
Property Size1,802 SF
Price / SF$152.61
Days on Market2
Property Features for 5702 N 5TH
General Information
Standard status
Active
Size
1,802 SF
Property subtype
Multi-family
Site & Location
Neighborhood
Northwest Philadelphia
Public Transit
Yes
Mixed-Use Components
retail, residential
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
RE/MAX Main Line - West Chester
(610) 692-2228
Listed By:
Thomas Toole III · License #RS228901
(610) 692-6976
Source:
360
Added: Oct 23
Last Checked: Oct 23 at 5:52PM
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 RE/MAX Main Line - West Chester
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Investment Insights
Based on property information with market context.
This 1,802-square-foot mixed-use property combines a street-level retail storefront with two apartments on the upper floors. The second-floor unit has two bedrooms and one bathroom; the third-floor unit has one bedroom and one bathroom. A breezeway behind the retail space connects to additional area on the first floor.
The property is on N 5th Street in Philadelphia, along a commercial corridor with public transportation, shopping, and restaurants nearby. It is being sold in as-is condition.
The property is on N 5th Street in Philadelphia, along a commercial corridor with public transportation, shopping, and restaurants nearby. It is being sold in as-is condition.
Key Highlights
- 1,802‑square‑foot mixed‑use property
- First‑floor retail storefront with additional area reached through a breezeway
- Second‑floor apartment with 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,363
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,260
$347.3K
Cap Rate 7%
$248,043
$248.0K
Cap Rate 9%
$192,922
$192.9K
Market Conditions
NOI Build-Up for 1,802 SF
Gross rent
$34.2K $18.96/SF
− Vacancy
−$2.6K −$1.44/SF
EGI
$31.6K $17.52/SF
− OpEx
−$14.2K −$7.88/SF
NOI
$17.4K $9.64/SF
Area
ZIP 19120
Vacancy
7.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,260
Cap Rate 7%
$248,043
Cap Rate 9%
$192,922
Alternative Uses
Best Use
Apartment 5plus
$248.0K
$217.0K – $289.4K
NOI $17,363 @ 7.0% cap · market cap 6.31%
Second Best
Retail
$221.1K
$193.5K – $258.0K
NOI $15,479 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$430.5K
$376.7K – $502.2K
NOI $30,132 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,555
Businesses Nearby
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Business Placement
Demographics for 19120, PA
66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
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 - Ground-floor retail space is paired with two apartments and additional area behind the storefront.
Where is this mixed-use property located?
The property is located at 5702 N 5TH Philadelphia, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,802‑square‑foot mixed‑use property; First‑floor retail storefront with additional area reached through a breezeway; Second‑floor apartment with 2 bedrooms and 1 bathroom
