Mixed-Use Triplex in Point
2123 DICKINSON Street Philadelphia, PA 19146
2123 DICKINSON Street, Philadelphia, PA, 19146
$800,000
For Sale
$800,000
MULTI_FAMILY - Contemporary - PHILADELPHIA, PA
Property Size3,009 SF
Lot Size0.03 Acres
Price / SF$265.87
Days on Market68
Property Features for 2123 DICKINSON Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 3,009 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1799
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2021
- Number of units
- 3
- Building materials
- Brick
- Architectural style
- Contemporary
Listing Agency
Coldwell Banker Realty
(215) 923-7600
325 Chestnut Street unit: 1300, Plymouth Meeting, PA
Listed by
Harkeet S Chadha · License #AB069009
(484) 554-9188
Added: May 12 Checked: Jul 18 at 11:06 am
MLS# PAPH2620526
Listing URL
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 mixed-use triplex is located in the Point Breeze neighborhood. The property is a newer construction, turnkey building featuring two residential apartments and one commercial space. The commercial unit is approximately 1,100 square feet and includes a private restroom and one-car parking. The two upper residential units each offer 3 bedrooms, 2 full bathrooms, roof decks, bi-level layouts, full-size in-unit washer/dryers, and kitchens with stainless steel appliances and cabinet storage. Additional features include separated utilities for all units, multi-position adjustable blinds, combo deadbolt entry systems, abundant outlet placement, and energy-efficient systems. The property is located near Center City, restaurants, coffee shops, retail, and major transportation routes. The property is suitable for an investor, owner-occupant, or entrepreneur looking to live or operate a business on-site while generating additional income. The property contains 3,009 square feet and sits on a 0.0262-acre lot.
Key Highlights
- Newer construction (2021) triplex in rapidly developing Point Breeze with remaining tax abatement.
- Mixed‑use property with two 3‑bedroom/2‑bathroom residential units and one commercial unit, providing diverse income streams.
- Turnkey property with high‑end, low‑maintenance finishes and consistently occupied units, ensuring dependable income.
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 | $77.6k | $25.80 |
| − Vacancy | −$4.3k | −$1.42 |
| EGI | $73.4k | $24.38 |
| − OpEx | −$22.0k | −$7.31 |
| NOI | $51.3k | $17.06 |
3,009 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$733.5K
$641.9K – $855.8K
NOI $51,348 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$676.1K
$591.6K – $788.8K
NOI $47,330 @ 7.0% cap · market cap 5.92%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Newer construction triplex with commercial space and residential units.
Where is this mixed-use property located?
The property is located at 2123 DICKINSON Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Newer construction (2021) triplex in rapidly developing Point Breeze with remaining tax abatement.; Mixed‑use property with two 3‑bedroom/2‑bathroom residential units and one commercial unit, providing diverse income streams.; Turnkey property with high‑end, low‑maintenance finishes and consistently occupied units, ensuring dependable income.
