2246 S 15TH Street Philadelphia, PA 19145
MULTI_FAMILY - PHILADELPHIA, PA
Property Features for 2246 S 15TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Standard status
- Active
- Size
- 2,100 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4456
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1920
- Number of units
- 3
- Building materials
- Concrete, Brick, Frame
Listing agent Frederic D Musilli License #RM421769 (215) 271-7070
Listing office DJCRE Inc. 1611 Snyder Avenue, Philadelphia, PA (215) 271-7070
Listing date May 17, 2025
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Investment Insights
Based on property information with market context.
Key Highlights
- Turn‑key triplex in South Philadelphia's Marconi section.
- Two 1‑bedroom units and one efficiency unit.
- Fantastic rental history.
Local Financial Insights For Apartment 5plus
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 | $63.8k | $30.36 |
| − Vacancy | −$3.7k | −$1.76 |
| EGI | $60.1k | $28.60 |
| − OpEx | −$27.0k | −$12.87 |
| NOI | $33.0k | $15.73 |
