Corner Mixed-Use
For Sale
$325,000
886 N 66TH ST, Philadelphia, PA 19151
Corner configuration combines a commercial storefront with two residential apartments under mixed-use zoning.
Property Size1,720 SF
Price / SF$188.95
Days on Market62
Property Features for 886 N 66TH ST
General Information
Standard status
Active
Size
1,720 SF
Property subtype
Multi-family
Additional Details
Corner Location
Yes
Listing Agency:
KW Empower
(215) 627-3500
Listed By:
Eric Land · License #RS363265
(609) 992-8248
Source:
Cathyshometeam
Added: Aug 16
Changed: Oct 12
Last Checked: Oct 14 at 10:38PM
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 KW Empower
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Investment Insights
Based on property information with market context.
Located at 886 N 66th St, this 1,720-square-foot mixed-use triplex was built in 1910 and combines commercial and residential space within one property. The ground-level storefront is available for lease, while the upper level contains two occupied apartments: one with two bedrooms and another with one bedroom.
The property occupies a corner lot in Philadelphia and is positioned near public transportation, shopping, and major roadways. Its mixed-use zoning supports the existing combination of storefront and apartment uses, offering a layout suited to an owner-user or investor seeking both commercial and residential components.
The property occupies a corner lot in Philadelphia and is positioned near public transportation, shopping, and major roadways. Its mixed-use zoning supports the existing combination of storefront and apartment uses, offering a layout suited to an owner-user or investor seeking both commercial and residential components.
Key Highlights
- Mixed‑use triplex with commercial storefront and two residential apartments
- 1,720 square feet on a corner lot
- Two‑bedroom and one‑bedroom apartments currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,352
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$587,040
$587.0K
Cap Rate 7%
$419,314
$419.3K
Cap Rate 9%
$326,133
$326.1K
Market Conditions
NOI Build-Up for 1,720 SF
Gross rent
$44.4K $25.80/SF
− Vacancy
−$2.4K −$1.42/SF
EGI
$41.9K $24.38/SF
− OpEx
−$12.6K −$7.31/SF
NOI
$29.4K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$587,040
Cap Rate 7%
$419,314
Cap Rate 9%
$326,133
Alternative Uses
Best Use
Multifamily LT 5
$419.3K
$366.9K – $489.2K
NOI $29,352 @ 7.0% cap · market cap 9.03%
Second Best
Apartment 5plus
$386.5K
$338.2K – $450.9K
NOI $27,055 @ 7.0% cap · market cap 8.32%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
809
Businesses Nearby
Explore this area
Business Placement
Demographics for 19151, PA
30,394
Population
15,084
Households
2
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
2.4 sq mi
ZIP Area
12,664
Density / Sq Mi
$58,046
Median Household Income
$42,504
Median Earnings
$1,167
Median Rent
$181,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner configuration combines a commercial storefront with two residential apartments under mixed-use zoning.
Where is this mixed-use property located?
The property is located at 886 N 66TH ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Mixed‑use triplex with commercial storefront and two residential apartments; 1,720 square feet on a corner lot; Two‑bedroom and one‑bedroom apartments currently rented
