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    Fairmount Triplex with Separate Utilities Title is generated by Realmo AI

    2419 BROWN Street, Philadelphia, PA 19130

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    For Sale
    $589,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    2,340 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $251/SF
    Added:
    Feb 5, 2026
    Days on Market:
    132
    Last Refresh:
    Jun 17 at 9:06 am

    Property Features for 2419 BROWN Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street
    Appliances
    Built-In Range, Refrigerator, Washer, Dryer
    Standard status
    Active
    Size
    2,340 SF
    Lot size
    0.03 Acres

    Taxes and HOA fees

    Tax Annual Amount
    8961

    Utilities

    Heating system
    Baseboard, Hot Water(Heating)

    Building Details

    Year built
    1920
    Number of units
    3
    Building materials
    Masonry
    Architectural style
    Other

    We can help!

    Listing Contact
    Ed S Pocrass
    Ed S Pocrass

    Listing agent Ed S Pocrass License #AB048890L

    Listing office Re/Max One Realty 521 Bustleton Pike, Philadelphia, PA

    Listing date Feb 5, 2026

    MLS# PAPH2581362 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.

    HighLights

    • Triplex in the Art Museum/Fairmount area, ideal for owner‑occupant or investor.
    • Two vacant units (1st and 2nd floors) provide immediate occupancy or rental income potential.
    • Separate utilities for each unit with tenants responsible for their own bills.
    • Third floor unit is tenant‑occupied, generating $900/month in rental income.
    • New roof installed in 2025.
    • Includes appliances: Built‑in range, refrigerator, washer, and dryer.

    Overview

    This three-unit triplex is located in the Art Museum/Fairmount neighborhood. The first floor features two bedrooms and access to a large basement. The second floor also has two bedrooms. The third floor includes one bedroom and is currently tenant-occupied, with the tenant paying $900.00. Each unit has separate utilities, including individual heaters, domestic hot water tanks, and electric panels, with tenants responsible for their own utility bills. The property, totaling 2340 square feet on a 0.0296-acre lot, is suitable for either an owner-occupant or an investor and offers great possibilities. A new roof is scheduled for installation in 2025. The property requires some TLC.

    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 $60.4k $25.80
    − Vacancy −$3.3k −$1.42
    EGI $57.0k $24.38
    − OpEx −$17.1k −$7.31
    NOI $39.9k $17.06
    2,340 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $570.5K
    $499.2K – $665.5K (±1% cap)
    NOI $39,932 @ 7.0% cap · market cap 6.78%
    Second Best
    Apartment 5plus
    $525.8K
    $460.1K – $613.5K (±1% cap)
    NOI $36,807 @ 7.0% cap · market cap 6.25%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Skin Care Clinic Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.177124
    Latitude
    39.970173

    FAQs

    What type of property is this?
    Triplex - Three-unit property in Art Museum/Fairmount area with separate utilities.
    Where is this triplex located?
    The property is located at 2419 BROWN Street Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $589,000.
    What are key features of this property?
    This property features: Triplex in the Art Museum/Fairmount area, ideal for owner‑occupant or investor.; Two vacant units (1st and 2nd floors) provide immediate occupancy or rental income potential.; Separate utilities for each unit with tenants responsible for their own bills.
    More about this property
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