2321 N 2ND Street Philadelphia, PA 19133
MULTI_FAMILY - Split Level - PHILADELPHIA, PA
Property Features for 2321 N 2ND Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,256 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9592
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1915
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Split Level
Listing agent Raul Zabaleta Jr. License #RS347488 (267) 285-7757
Listing office Genesis Real Estate Services 2837 N 5th Street, Philadelphia, PA (215) 226-6200
Listing date Mar 9, 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.
Investment Insights
Based on property information with market context.
Key Highlights
- Masonry construction
- Central heating and central air conditioning
- Built in 1915
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 | $58.2k | $25.80 |
| − Vacancy | −$3.2k | −$1.42 |
| EGI | $55.0k | $24.38 |
| − OpEx | −$16.5k | −$7.31 |
| NOI | $38.5k | $17.06 |
