Mixed-Use Quadplex with Leased
For Sale
$599,900
71007102 EDMUND STREET, Philadelphia, PA 19135
Two-building mixed-use package with three residential units and a recently renovated, fully leased storefront.
Property Size2,793 SF
Price / SF$214.79
Days on Market9
Property Features for 71007102 EDMUND STREET
General Information
Standard status
Active
Size
2,793 SF
Property subtype
Mixed Use
Additional Details
Multifamily Units
3
Amenities
Parking.
On Street.
37 X 80
Other.
Building Details
Year Built
1955
Buildings
2
Listing Agency:
(609) 352-5803
Listed By:
Cherry Hill
(609) 352-5803
Source:
Xome
Added: Jul 23
Changed: Jul 30
Last Checked: Jul 31 at 3:59AM
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 Cherry Hill
Investment Insights
Based on property information with market context.
This mixed-use quadplex package consists of two income-producing buildings on one parcel. It features three residential units and a fully occupied commercial storefront that is described as recently renovated and fully leased.
The property was built in 1955 and includes on-street parking. Cooling is listed as none. The lot is reported at 37 x 80.
The offering is described as stabilized with an over 10% cap rate in the pro-forma, positioning the commercial storefront and residential units as complementary income streams within the same asset.
The property was built in 1955 and includes on-street parking. Cooling is listed as none. The lot is reported at 37 x 80.
The offering is described as stabilized with an over 10% cap rate in the pro-forma, positioning the commercial storefront and residential units as complementary income streams within the same asset.
Key Highlights
- Over 10% cap rate in the pro‑forma (stabilized)
- Two income‑producing buildings on one parcel
- Three residential units plus a fully occupied, fully leased storefront
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 | $84.8k | $30.36 |
| − Vacancy | −$4.9k | −$1.76 |
| EGI | $79.9k | $28.60 |
| − OpEx | −$35.9k | −$12.87 |
| NOI | $43.9k | $15.73 |
2,793 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$627.6K
$549.2K – $732.2K
NOI $43,933 @ 7.0% cap · market cap 7.32%
Second Best
Mixed Use
$474.0K
$414.8K – $553.0K
NOI $33,181 @ 7.0% cap · market cap 5.53%
Theoretical Best
Multifamily LT 5
$680.9K
$595.8K – $794.4K
NOI $47,662 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Dining 23%
Wawa
Shops & Services
18,150 visits/mo
0.3 miles
Dunkin' Donuts
Dining
7,731 visits/mo
0.3 miles
Conoco
Shops & Services
7,175 visits/mo
0.3 miles
McCarthy Tire Service
Shops & Services
408 visits/mo
0.4 miles
Demographics for 19135, PA
35,422
Population
14,323
Households
2.5
Avg Household Size
34
Median Age
16%
College-Educated
82%
High-School Grad
2.3 sq mi
ZIP Area
15,401
Density / Sq Mi
$51,817
Median Household Income
$38,673
Median Earnings
$1,197
Median Rent
$182,900
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-building mixed-use package with three residential units and a recently renovated, fully leased storefront.
Where is this mixed-use property located?
The property is located at 71007102 EDMUND STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Over 10% cap rate in the pro‑forma (stabilized); Two income‑producing buildings on one parcel; Three residential units plus a fully occupied, fully leased storefront