1812 W MASTER Street, Philadelphia, PA 19121
MULTI_FAMILY - PHILADELPHIA, PA
- Added:
- Dec 1, 2025
- Days on Market:
- 199
- Last Refresh:
- Jun 18 at 1:06 am
Property Features for 1812 W MASTER Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- Ceiling Fan(s)
- Standard status
- Active
- Size
- 1,788 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7186
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1915
- Number of units
- 2
- Building materials
- Masonry
Listing agent Kevin Gov License #RS335824 (267) 939-0147
Listing office Realty Mark Cityscape 1500 John F Kennedy Boulevard unit: 1510, Southampton, PA (215) 583-7777
Listing date Dec 1, 2025
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
- Legally zoned duplex in a prime location with easy access to multiple desirable neighborhoods.
- Turnkey property generating immediate rental income with separately metered, newer mechanicals.
- Both units feature desirable amenities: in‑unit washer/dryer, central air, hardwood floors, and exposed brick.
- First‑floor unit includes a private, oversized backyard, storage shed, and full basement.
- Second‑floor unit is a bright, bi‑level loft‑style apartment with two bedrooms, two bathrooms, and skylights.
- Modern kitchens in both units, equipped with full appliance packages including dishwashers.
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 | $46.1k | $25.80 |
| − Vacancy | −$2.5k | −$1.42 |
| EGI | $43.6k | $24.38 |
| − OpEx | −$13.1k | −$7.31 |
| NOI | $30.5k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.1656952
- Latitude
- 39.9751663
