Fully Leased Triplex Income
2255 N 12TH Street Philadelphia, PA 19133
2255 N 12TH Street, Philadelphia, PA, 19133
$539,000
For Sale
$539,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size3,132 SF
Lot Size0.03 Acres
Price / SF$172.09
Days on Market97
Property Features for 2255 N 12TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Standard status
- Active
- Size
- 3,132 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2081
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2015
- Number of units
- 3
- Building materials
- Masonry
Listing Agency
Wynn Real Estate LLC
(215) 938-1777
2327 Huntingdon Pike, Huntingdon Valley, PA
Listed by
Irina Wynn · License #RB066169
(215) 421-7867
Added: Apr 13 Checked: Jul 18 at 11:06 pm
MLS# PAPH2607548
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 fully leased triplex at 2255 N 12th Street offers an income-focused residential layout designed for long-term occupancy. The property is reported to generate $4,500 in monthly rental income, or $54,000 annually. Estimated annual real estate taxes are approximately $2,082, and annual insurance costs are approximately $3,638, supporting an estimated annual net operating income of approximately $48,280 based on the figures provided. The total property size is listed as 3,132 square feet.
The property is located in Philadelphia, PA 19133, and the listing notes easy access to public transportation and major roadways, along with nearby neighborhood amenities. This combination can be meaningful for tenants seeking practical commuting and daily access.
For buyers evaluating a buy-and-hold strategy, the key factor here is that the triplex is fully leased and supported by the provided operating statement figures, offering a clear baseline for underwriting. With the purchase price and estimated cap rate included in the listing, this asset may appeal to investors looking for a stabilized multifamily structure in a well-connected Philadelphia location.
The property is located in Philadelphia, PA 19133, and the listing notes easy access to public transportation and major roadways, along with nearby neighborhood amenities. This combination can be meaningful for tenants seeking practical commuting and daily access.
For buyers evaluating a buy-and-hold strategy, the key factor here is that the triplex is fully leased and supported by the provided operating statement figures, offering a clear baseline for underwriting. With the purchase price and estimated cap rate included in the listing, this asset may appeal to investors looking for a stabilized multifamily structure in a well-connected Philadelphia location.
Key Highlights
- Fully leased 3‑unit triplex at 2255 N 12th St, Philadelphia, PA 19133
- Generates $4,500/month in rental income, totaling $54,000 annually
- Year built 2015 with masonry construction
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 | $95.1k | $30.36 |
| − Vacancy | −$5.5k | −$1.76 |
| EGI | $89.6k | $28.60 |
| − OpEx | −$40.3k | −$12.87 |
| NOI | $49.3k | $15.73 |
3,132 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$763.5K
$668.1K – $890.8K
NOI $53,447 @ 7.0% cap · market cap 9.92%
Second Best
Apartment 5plus
$703.8K
$615.8K – $821.1K
NOI $49,265 @ 7.0% cap · market cap 9.14%
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
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FAQs
What type of property is this?
Triplex - Fully leased triplex in Philadelphia’s 19133 area generating rental income with annual operating cost estimates provided.
Where is this triplex located?
The property is located at 2255 N 12TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Fully leased 3‑unit triplex at 2255 N 12th St, Philadelphia, PA 19133; Generates $4,500/month in rental income, totaling $54,000 annually; Year built 2015 with masonry construction
