1504 BROWN Street, Philadelphia, PA 19130
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Mar 27, 2026
- Days on Market:
- 76
- Last Refresh:
- Jun 10 at 6:06 pm
Property Features for 1504 BROWN Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Standard status
- Active
- Size
- 3,080 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9202
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Erin E Rigo License #RS342731 (267) 606-3318
Listing office Keller Williams Main Line 6 Coulter Avenue unit: 2, Ardmore, PA (610) 520-0100
Listing date Mar 27, 2026
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.
HighLights
- Two spacious bi‑level 4 bed 2 bath units, ideal for tenants or owner‑occupant with rental income.
- Strong income potential with consistent rental history and room for future rent growth.
- Updated major mechanicals including a new roof, updated HVAC, and newer water heaters.
- Each unit has separately metered utilities, its own washer and dryer, and access to basement storage.
- Unit A includes a private rear yard.
- Prime location with easy access to the Broad Street Line, Center City, Temple University, The Met, and the Art Museum area.
Overview
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 | $79.5k | $25.80 |
| − Vacancy | −$4.4k | −$1.42 |
| EGI | $75.1k | $24.38 |
| − OpEx | −$22.5k | −$7.31 |
| NOI | $52.6k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.1624451
- Latitude
- 39.9679833