5000 PARRISH Street, Philadelphia, PA 19139
MULTI_FAMILY - PHILADELPHIA, PA
- Added:
- Apr 27, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 13 at 6:06 pm
Property Features for 5000 PARRISH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,644 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1010
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1925
- Number of units
- 2
- Building materials
- Masonry
Listing agent JOSEPH Manning (215) 298-1913
Listing office Realty Mark Cityscape 1500 John F Kennedy Boulevard unit: 1510, Southampton, PA (215) 583-7777
Listing date Apr 27, 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.
HighLights
- Newly renovated mixed‑use property with income potential in a prominent location.
- First floor commercial space with large windows, private entrance, ADA bathroom, and finished basement.
- Zoned for daycare use, ideal for owner‑operator or investor.
- Newly renovated 2‑bedroom residential unit with modern finishes.
- Separate entrances for flexible mixed‑use occupancy or rental income.
- Owner applying for 10‑year tax abatement.
Overview
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 | $42.4k | $25.80 |
| − Vacancy | −$2.3k | −$1.42 |
| EGI | $40.1k | $24.38 |
| − OpEx | −$12.0k | −$7.31 |
| NOI | $28.1k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.22058
- Latitude
- 39.96691
