6729 ELMWOOD Avenue, Philadelphia, PA 19142
MULTI_FAMILY - PHILADELPHIA, PA
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 8:06 am
Property Features for 6729 ELMWOOD Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Appliances
- Stove, WaterHeater
- Standard status
- Active
- Size
- 1,684 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1527
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1925
- Number of units
- 2
- Building materials
- Block, Brick, Concrete, Masonry, Stone, Stucco
Listing agent Lawrence M Eburuoh License #RM424250 (215) 300-9121
Listing office Nova Realty, LLC 2700 S 70th Street, PHILADELPHIA, PA (215) 365-8200
Listing date Jun 25, 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
- Roof replaced about 3 months ago
- Large finished basement with open space, half bathroom, and storage
- Ground‑floor storefront with finished retail or office space and open layout
- Upper level with separate entrance plus 2 large bedrooms, living room, full bathroom, and kitchen
- Separate central air for each unit, including heat pump and separate utilities
- Built in 1925 with block, brick, concrete, masonry, stone, and stucco construction; on‑street parking
Overview
The property is located at 6729 ELMWOOD Avenue in Philadelphia, PA 19142. The roof was replaced approximately three months ago. The building is currently empty, and the listing indicates it is on a lockbox for convenient showings.
From an operator’s perspective, the layout supports two distinct living/working components under separate entries, including independent central air conditioning for each unit along with heat pump systems and separate utilities. This configuration can be useful for tenants looking for space that can accommodate commercial activity on the ground level while maintaining a separate residential setup above, or for buyers seeking to manage multiple income streams within one building.
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 | $43.4k | $25.80 |
| − Vacancy | −$2.4k | −$1.42 |
| EGI | $41.1k | $24.38 |
| − OpEx | −$12.3k | −$7.31 |
| NOI | $28.7k | $17.06 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Floraltology LLC. — 2601 S 63rd St, Philadelphia, PA 19142
- William Didden Flower Shop — 6401 Lindbergh Blvd., Philadelphia, PA 19142
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.233851
- Latitude
- 39.920021
