Mixed-Use Building with Commercial
7269 SAYBROOK AVENUE, Philadelphia, PA 19142
For Sale
$200,000
Two apartments accompany a ground-floor commercial unit facing Saybrook Avenue.
Property Size1,124 SF
Days on Market9
Property Features for 7269 SAYBROOK AVENUE
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Mixed-Use Components
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
RE/MAX Main Line - West Chester
Listed By:
Thomas Toole III · License PA RS228901
(610) 692-6976
Source:
Patmckennarealtors
Added: Nov 6
Changed: Nov 13
Last Checked: Nov 12 at 6:27PM
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 RE/MAX Main Line - West Chester
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Investment Insights
Based on property information with market context.
Built in 1920, this mixed-use property contains a two-bedroom upper apartment, a one-bedroom, one-bath main-level apartment, and a studio-sized commercial unit with frontage on Saybrook Avenue. The upper residence has undergone substantial renovation, including an open kitchen and living area, ductless mini-split, and updated bathroom. Work on the lower apartment includes new drywall, installed kitchen cabinetry and appliances, and a new bathtub; the bathroom is ready for tile. The property also includes a fenced rear yard with mature trees. It is offered as-is, with the buyer responsible for inspections, certifications, and municipal requirements.
Key Highlights
- Three components: two residential apartments and a studio‑sized commercial unit
- Upper apartment has 2 bedrooms and is largely renovated
- Main‑level apartment has 1 bedroom and 1 bath; renovation work is underway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,680
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,600
$353.6K
Cap Rate 7%
$252,571
$252.6K
Cap Rate 9%
$196,444
$196.4K
Market Conditions
NOI Build-Up for 1,124 SF
Gross rent
$34.1K $30.36/SF
− Vacancy
−$2.0K −$1.76/SF
EGI
$32.1K $28.60/SF
− OpEx
−$14.5K −$12.87/SF
NOI
$17.7K $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%
$353,600
Cap Rate 7%
$252,571
Cap Rate 9%
$196,444
Alternative Uses
Best Use
Apartment 5plus
$252.6K
$221.0K – $294.7K
NOI $17,680 @ 7.0% cap · market cap 8.84%
Second Best
Mixed Use
$190.8K
$166.9K – $222.6K
NOI $13,353 @ 7.0% cap · market cap 6.68%
Theoretical Best
Multifamily LT 5
$274.0K
$239.8K – $319.7K
NOI $19,181 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
951
Businesses Nearby
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Business Placement
Demographics for 19142, PA
29,565
Population
12,943
Households
2.3
Avg Household Size
33
Median Age
13%
College-Educated
82%
High-School Grad
1.7 sq mi
ZIP Area
17,391
Density / Sq Mi
$42,812
Median Household Income
$32,763
Median Earnings
$1,269
Median Rent
$110,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two apartments accompany a ground-floor commercial unit facing Saybrook Avenue.
Where is this mixed-use property located?
The property is located at 7269 SAYBROOK AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Three components: two residential apartments and a studio‑sized commercial unit; Upper apartment has 2 bedrooms and is largely renovated; Main‑level apartment has 1 bedroom and 1 bath; renovation work is underway
