1540-42 ADAMS Avenue, Philadelphia, PA 19124
MULTI_FAMILY - Colonial - PHILADELPHIA, PA
- Added:
- Feb 5, 2026
- Days on Market:
- 120
- Last Refresh:
- Jun 5 at 7:06 pm
Property Features for 1540-42 ADAMS Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 4
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 2,590 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3079
Utilities
- Heating system
- Baseboard, Electric (Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1940
- Number of units
- 4
- Building materials
- Stucco, Brick
- Architectural style
- Colonial
Listing agent Brenda R Beiser License #RS335119 (267) 796-4769
Listing office Redfin Corporation 993 Old Eagle School Road unit: 417, Conshohocken, PA (484) 962-0034
Listing date Feb 5, 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
- Completely renovated in September 2025 with new doors, windows, stucco, floors, kitchens, bathrooms, electrical, and plumbing.
- Quadplex featuring four separate units, including a private, detached unit.
- Granite countertops and modern finishes in all units.
- Off‑street parking available for up to 4 cars.
- Basement with laundry hookups for tenant convenience.
- Prime North Philadelphia location.
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 | $51.3k | $19.80 |
| − Vacancy | −$3.6k | −$1.39 |
| EGI | $47.7k | $18.41 |
| − OpEx | −$14.3k | −$5.52 |
| NOI | $33.4k | $12.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.09193
- Latitude
- 40.00868