122 S 46TH Street Philadelphia, PA 19139
MULTI_FAMILY - PHILADELPHIA, PA
Property Features for 122 S 46TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,600 SF
Taxes and HOA fees
- Tax Annual Amount
- 5196
Utilities
- Heating system
- Baseboard, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1925
- Number of units
- 2
- Building materials
- Mixed
Listing agent Nadia T Bilynsky License #RS311101 (215) 413-4900
Listing office Mallin Panchelli Nadel Realty Inc 1601 Walnut Street unit: 900, Philadelphia, PA (215) 413-4900
Listing date Mar 19, 2026
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Investment Insights
Based on property information with market context.
Key Highlights
- Duplex built in 1925 with central air and electric baseboard heating
- 2 large units with 3 bed and 3 bath configuration
- Both units reportedly fully renovated with new kitchens, bathrooms, flooring, and systems
Local 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 | $67.1k | $25.80 |
| − Vacancy | −$3.7k | −$1.42 |
| EGI | $63.4k | $24.38 |
| − OpEx | −$19.0k | −$7.31 |
| NOI | $44.4k | $17.06 |