4922 N 8TH Street Philadelphia, PA 19120
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Features for 4922 N 8TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 1
- Parking features
- Garage - Attached
- Standard status
- Active
- Size
- 1,346 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2462
Utilities
- Heating system
- Other (Heating), Hot Water(Heating)
Building Details
- Year built
- 1935
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Nestor F Colon License #RM422846 (215) 200-1089
Listing office Eliakim Realty Inc 417 Cheltenham Avenue unit: 2, Elkins Park, PA (267) 626-2398
Listing date Nov 24, 2025
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Investment Insights
Based on property information with market context.
Key Highlights
- Legal duplex in Olney built in 1935 with masonry construction
- Unit 1: first‑floor 2‑bedroom, 1‑bath; currently rented on a year‑to‑year lease
- Unit 2: second‑floor 1‑bedroom, 1‑bath; tenant in place since 1995
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 | $22.5k | $16.68 |
| − Vacancy | −$1.6k | −$1.20 |
| EGI | $20.8k | $15.48 |
| − OpEx | −$6.2k | −$4.64 |
| NOI | $14.6k | $10.83 |
