PHILADELPHIA, PA 19139 Philadelphia, PA 19139
SINGLE_FAMILY - PHILADELPHIA, PA
- Added:
- Jun 5, 2026
- Days on Market:
- 36
- Last Refresh:
- Jul 10 at 11:06 pm
Property Features
General Information
- Property type
- Residential
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,800 SF
Building Details
- Year built
- 1920
Listing agent Mohammed Ullah (267) 278-3238
Listing office BHHS Fox & Roach Newtown Square Home Marketing PA (610) 353-6200
Listing date Jun 5, 2026
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Investment Insights
Based on property information with market context.
Set at 5400 Spruce Street on a prominent corner, the property is positioned for visibility and convenient access, supporting business and day-to-day living in the same structure.
This configuration can work well for an owner-operator who wants to operate a business on the first floor while using the apartment upstairs, or for an investor looking for rental income from the residential unit alongside commercial space. With the commercial area available now and the apartment’s separate entry, the building offers operational flexibility for a range of retail and service concepts and traditional residential tenancy.
Key Highlights
- Corner mixed‑use building with commercial space on the first floor and a 2‑bedroom apartment on the second floor
- Approximately 1,200 SF first‑floor commercial space is currently vacant
- Second‑floor apartment has a separate entrance and includes a living room, dining area, and kitchen
Local Financial Insights For Specialty Retail
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 | $37.8k | $21.00 |
| − Vacancy | −$3.0k | −$1.68 |
| EGI | $34.8k | $19.32 |
| − OpEx | −$8.7k | −$4.83 |
| NOI | $26.1k | $14.49 |