5615 UPLAND Way Philadelphia, PA 19131
MULTI_FAMILY - PHILADELPHIA, PA
Property Features for 5615 UPLAND Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active Under Contract
- Size
- 1,698 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2954
Utilities
- Heating system
- Radiant
Building Details
- Year built
- 1920
- Number of units
- 3
- Building materials
- Masonry
Listing agent Janek Hancock License #RS330380 (215) 376-4444
Listing office Realty Mark Associates 2250 Terwood Drive, Southampton, PA (215) 376-4444
Listing date May 2, 2026
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Investment Insights
Based on property information with market context.
The property is located at 5615 UPLAND Way in Philadelphia, PA 19131. The lot size is 0.0538 acres, and the total building size is 1,698 square feet. It is offered for sale as a ready-to-go income property.
This setup supports multiple ownership approaches. Investors can benefit from having three independently usable units in place, while owner-occupants can consider occupying one of the units and renting the others as a practical house-hacking model. With all three units described as turnkey and ready, the property is positioned for straightforward immediate use upon closing.
Key Highlights
- Rare corner end‑unit triplex with abundant natural light and enhanced privacy.
- Turnkey property featuring three rental units: two 2‑bedroom units and one 1.5‑bedroom unit.
- Ideal for investors or owner‑occupants seeking a house‑hacking opportunity.
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 | $43.8k | $25.80 |
| − Vacancy | −$2.4k | −$1.42 |
| EGI | $41.4k | $24.38 |
| − OpEx | −$12.4k | −$7.31 |
| NOI | $29.0k | $17.06 |
