Search
Mixed-Use Building with Apartments
For Sale
$425,000

5718 CHESTER AVENUE, Philadelphia, PA 19143

Two apartments and a commercial tenancy are complemented by one vacant residential unit.

Property Size1,878 SF
Price / SF$226.30
Days on Market61

Property Features for 5718 CHESTER AVENUE

General Information

Standard status Active
Size 1,878 SF
Property subtype Commercial

Property Condition

Severity Repairs Needed
Evidence Deferred Maintenance - New residential furnace recommended - New commercial condenser recommended

Building Details

Year Built 1925
Listing Agency: Capital Commercial Real Estate Group
Listed By: Christopher A Yangello · License #RM421541
Source: Cummingsrealtors
Added: Aug 12 Changed: Oct 11 Last Checked: Oct 11 at 8:44AM

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 Capital Commercial Real Estate Group

Investment Insights

Based on property information with market context.

This 1,878-square-foot mixed-use property in Philadelphia was built in 1925 and combines two apartments with one commercial tenant. One residential unit is currently vacant, providing a clear opportunity to restore full occupancy. The commercial lease runs through September 1, 2027.

Property improvements include updated plumbing, electrical, flooring, tile, cabinets, countertops, and appliances. The roof is approximately 2 years old, while the commercial forced-air system is approximately 6 months old. Residential units use gas heat, with furnaces that are 15+ years old. The commercial space has electric and gas utilities, and a new commercial condenser and residential furnace are recommended.

Key Highlights

  • 1,878 SF mixed‑use building constructed in 1925
  • Two apartments plus one commercial tenant
  • One residential unit is currently vacant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,734
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,680 $654.7K
Cap Rate 7%
$467,629 $467.6K
Cap Rate 9%
$363,711 $363.7K
Market Conditions
NOI Build-Up for 1,878 SF
Gross rent
$56.3K $30.00/SF
− Vacancy
−$9.6K −$5.10/SF
EGI
$46.8K $24.90/SF
− OpEx
−$14.0K −$7.47/SF
NOI
$32.7K $17.43/SF
Area
ZIP 19143
Vacancy
17.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,680
Cap Rate 7%
$467,629
Cap Rate 9%
$363,711

Alternative Uses

Best Use
Retail
$467.6K
$409.2K – $545.6K (±1% cap)
NOI $32,734 @ 7.0% cap · market cap 7.70%
Second Best
Mixed Use
$362.2K
$316.9K – $422.6K (±1% cap)
NOI $25,353 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$643.7K
$563.2K – $751.0K (±1% cap)
NOI $45,058 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center

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

1,162
Businesses Nearby

Demographics for 19143, PA

64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two apartments and a commercial tenancy are complemented by one vacant residential unit.
Where is this mixed-use property located?
The property is located at 5718 CHESTER AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,878 SF mixed‑use building constructed in 1925; Two apartments plus one commercial tenant; One residential unit is currently vacant
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again