3601 BANDON DR. Philadelphia, PA 19154
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Features for 3601 BANDON DR.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Driveway, Off Street
- Standard status
- Active Under Contract
- Size
- 1,368 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5579
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1972
- Number of units
- 2
- Building materials
- Brick, Masonry, Stucco
- Architectural style
- Other
Listing agent Joseph A Canale Jr. License #RS352705 (267) 246-9803
Listing office EXP Realty, LLC 630 Freedom Business Ctr Drive unit: 300, Philadelphia, PA (888) 397-7352
Listing date May 21, 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.
Located in the Parkwood subdivision of Philadelphia, the property is supported by exterior improvements that emphasize day-to-day usability. A brand-new oversized driveway provides parking for up to three vehicles, along with a large private backyard. Additional storage includes a storage shed and extra rear storage space behind the building.
With permits and code compliance noted for the renovation, the duplex presents a clear fit for buyers seeking a move-in-ready residential income property with privacy between units. The combination of split living arrangements, private outdoor access, and functional storage supports tenant comfort and ease of management.
Key Highlights
- End‑of‑row duplex with 2 units; renovated in 2024 under proper permits and in accordance with building codes
- Upper unit: 3 bedrooms, 1.5 bathrooms, and a private balcony overlooking the backyard
- Lower unit: 1 bedroom, 1 full bathroom, and direct backyard access
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 | $35.3k | $25.80 |
| − Vacancy | −$1.9k | −$1.42 |
| EGI | $33.3k | $24.38 |
| − OpEx | −$10.0k | −$7.31 |
| NOI | $23.3k | $17.06 |
