Updated Duplex in Somerton
10602 Cowden Street Philadelphia, PA 19116
For Sale
$525,000
MULTI_FAMILY - Philadelphia, PA
Property Size2,584 SF
Lot Size0.14 Acres
Price / SF$203.17
Days on Market121
Property Features for 10602 Cowden Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- -
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1
- Parking features
- On Street, Off Street
- Fencing
- Fenced
- Basement
- Partially Finished
- Standard status
- Active
- APN
- 58-2-5992-00
- Size
- 2,584 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6326
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Forced Air
Building Details
- Year built
- 1960
- Floors in Building
- 3
- Number of units
- 2
- Building materials
- Brick
Listing Agency:
United National Realty
(718) 979-8000
Listed By:
Igor Baboshkin
(718) 979-8000
Added: Mar 28
Changed: Jul 24
Last Checked: Jul 26 at 12:06AM
MLS# 2601602
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained brick two-family duplex is located on a quiet cul-de-sac in the Somerton neighborhood of Northeast Philadelphia. Each of the two spacious units features 2 bedrooms and 1 full bath, with comfortable layouts and modern updates. Both apartments include updated kitchens with stainless steel appliances, dishwashers, and in-unit laundry rooms with full-size washers and dryers. The home was renovated between 2019-2023, with updated kitchens, bathrooms, appliances, and mechanicals. The property offers additional potential with two unfinished basements, suitable for storage or future expansion. The property includes a front yard with rose bushes, and a backyard featuring fruit trees (apricots and plums), berry bushes, lush greenery, a detached metal shed, and space for outdoor entertaining. A private driveway accommodates 4+ vehicles, plus additional street parking. The property is situated 3 blocks from Route 1 (Roosevelt Boulevard), with walkable access to shopping plazas including ShopRite and Target. Nearby are BJ's Wholesale Club, LA Fitness, major supermarkets (ACME, GIANT, ALDI, NetCost), pharmacies, restaurants, and medical offices. The local area also includes cafes, specialty food markets, daycare centers, and community hubs. The community center is a short distance away, offering community events, sports programs, a pool, and cultural activities. Major hospitals, business districts, and shopping centers are within a short drive. The property has separate utilities (except water). The lot size is 0.14 acres and the property size is 2584 square feet.
Key Highlights
- Two updated units, each with 2 bedrooms and 1 bath, ideal for rental income or multi‑generational living.
- Desirable Somerton/Northeast Philadelphia location on a quiet cul‑de‑sac, offering both suburban tranquility and city convenience.
- Renovated between 2019‑2023 with updated kitchens, bathrooms, appliances, and mechanicals, ensuring a move‑in ready experience.
Financial Insights For Multifamily LT 5
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 | $66.7k | $25.80 |
| − Vacancy | −$3.7k | −$1.42 |
| EGI | $63.0k | $24.38 |
| − OpEx | −$18.9k | −$7.31 |
| NOI | $44.1k | $17.06 |
2,584 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$629.9K
$551.2K – $734.9K
NOI $44,096 @ 7.0% cap · market cap 8.40%
Second Best
Apartment 5plus
$580.6K
$508.1K – $677.4K
NOI $40,645 @ 7.0% cap · market cap 7.74%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex with modern updates and convenient location.
Where is this duplex located?
The property is located at 10602 Cowden Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two updated units, each with 2 bedrooms and 1 bath, ideal for rental income or multi‑generational living.; Desirable Somerton/Northeast Philadelphia location on a quiet cul‑de‑sac, offering both suburban tranquility and city convenience.; Renovated between 2019‑2023 with updated kitchens, bathrooms, appliances, and mechanicals, ensuring a move‑in ready experience.
