3654 RICHMOND Street Philadelphia, PA 19134
MULTI_FAMILY - PHILADELPHIA, PA
Property Features for 3654 RICHMOND Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,920 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3502
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Number of units
- 1
- Building materials
- Masonry
Listing agent Tahzib Bacchus License #RS330208 (267) 689-7355
Listing office Realty Mark Associates 2250 Terwood Drive, Southampton, PA (215) 376-4444
Listing date Oct 25, 2025
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
- Fully renovated from the studs up with all‑new electrical, plumbing, HVAC, and windows.
- Turnkey corner quadruplex providing immediate cash flow and 'buy and hold' security with full occupancy.
- Strategic multi‑asset portfolio opportunity, offered as part of a 3‑building investment package.
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 | $49.5k | $25.80 |
| − Vacancy | −$2.7k | −$1.42 |
| EGI | $46.8k | $24.38 |
| − OpEx | −$14.0k | −$7.31 |
| NOI | $32.8k | $17.06 |
