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Mixed-Use Quadplex with Leased Storefront
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:
Listed By: Cherry Hill
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.

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 (±1% cap)
NOI $43,933 @ 7.0% cap · market cap 7.32%
Second Best
Mixed Use
$474.0K
$414.8K – $553.0K (±1% cap)
NOI $33,181 @ 7.0% cap · market cap 5.53%
Theoretical Best
Multifamily LT 5
$680.9K
$595.8K – $794.4K (±1% cap)
NOI $47,662 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Hair Salon Skin Care Clinic Spa & Massage Center Daycare Center Grocery & Convenience Store

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

457
Businesses Nearby
33k
Monthly Visits Nearby

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

Jan
$204 Feb
$187 Mar
$203 Apr
$211 May
$211 Jun

Properties on Market for Mixed-use properties in Philadelphia

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025
Rey
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
More about this property
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