Brick Triplex with In-Unit
1319 E LYCOMING Street Philadelphia, PA 19124
For Sale
$389,900
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,248 SF
Lot Size0.03 Acres
Price / SF$312.42
Days on Market195
Property Features for 1319 E LYCOMING Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,248 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2904
Utilities
- Heating system
- Baseboard, Hot Water(Heating)
Building Details
- Year built
- 1923
- Number of units
- 2
- Building materials
- Brick
Listing Agency:
RE/MAX Preferred - Cherry Hill
(856) 616-2626
Listed By:
ARAFAT FARHAT · License #RS352372
(609) 352-5803
Added: Jan 9
Changed: Jul 19
Last Checked: Jul 23 at 11:06AM
MLS# PAPH2572924
Copyright © 2026 Bright MLS. 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 brick corner triplex provides three residential units with separate utilities and in-unit washer/dryers. The unit mix includes a basement 1-bedroom, 1-bath unit, a first-floor 2-bedroom, 1-bath unit, and a second-floor 2-bedroom, 1-bath unit. The property is fully rented and is being sold AS-IS.
Located in Philadelphia’s Juniata section, the building is described as needing some TLC, making it suitable for buyers looking to address condition while maintaining the existing rental income. The lot size is listed at 0.0286 acres, with a total property size of 1,248 square feet.
With its three-unit configuration and in-unit laundry for each unit, this triplex supports straightforward ongoing operations under the current tenancy status, subject to the AS-IS sale terms.
Located in Philadelphia’s Juniata section, the building is described as needing some TLC, making it suitable for buyers looking to address condition while maintaining the existing rental income. The lot size is listed at 0.0286 acres, with a total property size of 1,248 square feet.
With its three-unit configuration and in-unit laundry for each unit, this triplex supports straightforward ongoing operations under the current tenancy status, subject to the AS-IS sale terms.
Key Highlights
- Brick triplex built in 1923 in Philadelphia’s Juniata Park/Juniata section
- 3‑unit mix: basement 1 bed/1 bath; first floor 2 bed/1 bath; second floor 2 bed/1 bath
- Each unit has separate utilities and in‑unit washer/dryers
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 | $24.7k | $19.80 |
| − Vacancy | −$1.7k | −$1.39 |
| EGI | $23.0k | $18.41 |
| − OpEx | −$6.9k | −$5.52 |
| NOI | $16.1k | $12.89 |
1,248 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$229.7K
$201.0K – $268.0K
NOI $16,081 @ 7.0% cap · market cap 4.12%
Second Best
Apartment 5plus
$211.4K
$185.0K – $246.6K
NOI $14,797 @ 7.0% cap · market cap 3.80%
Theoretical Best
Specialty Retail
$717.9K
$628.1K – $837.5K
NOI $50,250 @ 7.0% cap · market cap 12.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Corner brick triplex offers three separate units with in-unit washer/dryers and separate utilities.
Where is this triplex located?
The property is located at 1319 E LYCOMING Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Brick triplex built in 1923 in Philadelphia’s Juniata Park/Juniata section; 3‑unit mix: basement 1 bed/1 bath; first floor 2 bed/1 bath; second floor 2 bed/1 bath; Each unit has separate utilities and in‑unit washer/dryers
