3513 WHARTON Street Philadelphia, PA 19146
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Features for 3513 WHARTON Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Standard status
- Active
- Size
- 1,260 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3761
Utilities
- Heating system
- Forced Air, Baseboard, Electric (Heating), Hot Water(Heating)
Building Details
- Year built
- 1990
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Frederic D Musilli License #RM421769 (215) 271-7070
Listing office DJCRE Inc. 1611 Snyder Avenue, Philadelphia, PA (215) 271-7070
Listing date Jun 8, 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.
The building is located at 3513 Wharton Street in Philadelphia, PA 19146, in a location described as between University City and Point Breeze. The listing does not provide additional site specifics beyond the address and the stated positioning between those areas.
For buyers or operators looking for a manageable, multi-unit residential income setup, the vacant delivery option and current “open” status of two units may help reduce near-term barriers to making interior updates. The property’s legal three-unit configuration supports straightforward use as a small income property, while the renovation notes suggest an end-user or investor comfortable with light-to-moderate work can tailor finishes and layouts to their standards.
Key Highlights
- Legal 3‑unit property with unique placement between University City and Point Breeze
- Year built 1990
- Construction materials include masonry
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 | $32.5k | $25.80 |
| − Vacancy | −$1.8k | −$1.42 |
| EGI | $30.7k | $24.38 |
| − OpEx | −$9.2k | −$7.31 |
| NOI | $21.5k | $17.06 |
