6319 GARDENIA Street, Philadelphia, PA 19144
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Mar 18, 2026
- Days on Market:
- 114
- Last Refresh:
- Jul 9 at 11:06 am
Property Features for 6319 GARDENIA Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,360 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3122
Utilities
- Heating system
- Hot Water(Heating)
Building Details
- Year built
- 1942
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Edgardo Arquitola License #RS331318 (267) 939-4705
Listing office Realty Mark Associates 1500 John F Kennedy Boulevard unit: 1510, Southampton, PA (215) 376-4444
Listing date Mar 18, 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
- Well‑maintained masonry duplex built in 1942
- Two spacious 1‑bedroom units with hardwood flooring and ceramic tile kitchens and bathrooms
- Both units are vacant and ready for immediate occupancy
- Sectioned two‑car garage plus on‑street parking
- Basement storage available
- Heated with hot water (heating)
Overview
The property is located in Germantown in Philadelphia, PA, and is positioned close to public transportation, shopping, schools, parks, and neighborhood amenities, supporting everyday access for tenants. The lot size is listed at 0.0296 acres.
For a buyer or operator, the two-unit configuration can support owner-occupancy with rental income from the second unit, or an all-investor approach with both units available to lease. With the garage and basement storage included, the home is designed for comfortable, functional living while reducing common storage constraints. This is a straightforward duplex offering finishes and layouts that are consistent across both units, with immediate leasing readiness due to the current vacancies.
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 | $35.1k | $25.80 |
| − Vacancy | −$1.9k | −$1.42 |
| EGI | $33.2k | $24.38 |
| − OpEx | −$9.9k | −$7.31 |
| NOI | $23.2k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.1776704
- Latitude
- 40.0469229
