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Separately Metered Duplex

76 W SHARPNACK Street Philadelphia, PA 19119

76 W SHARPNACK Street, Philadelphia, PA, 19119
$359,000
For Sale
$359,000

MULTI_FAMILY - PHILADELPHIA, PA

Property Size1,500 SF
Lot Size0.05 Acres
Price / SF$239.33
Days on Market250

Property Features for 76 W SHARPNACK Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Standard status
Active
Size
1,500 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
3341

Utilities

Heating system
Baseboard, Electric (Heating)
Cooling system
Window Unit(s)

Building Details

Year built
1920
Number of units
2
Building materials
Masonry
Listing Agency Keller Williams Main Line
6 Coulter Avenue unit: 2, Ardmore, PA
Listed by Joshua M. Pagan · License #RS343730
Added: Nov 12, 2025 Updated: Jul 2 at 12:36 pm Checked: Jul 20 at 8:06 pm
MLS# PAPH2558478 Listing URL

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.


Investment Insights

Based on property information with market context.

76 W Sharpnack Street is a well-maintained duplex in Philadelphia with two distinct residences. The first-floor unit is a spacious 1-bedroom apartment with a private entrance and a long-term tenant who has occupied the space for many years and has no plans to move. The second and third floors comprise a recently renovated 3-bedroom home with modern finishes, abundant natural light, and generous living space.

A key operating detail is that each unit has its own separate meters for electricity, gas, and hot water, supporting tenant-by-tenant utility allocation and flexibility. The property is positioned near local shops, restaurants, and public transportation, with access to Manayunk’s Main Street, Chestnut Hill, and the Wissahickon Trail described as just minutes away.

This setup can work well for an owner-occupant seeking to live in one unit while collecting rent from the other, or for an investor looking for a duplex structure with an established tenant in place. The duplex also offers straightforward configuration for multi-unit ownership, and a virtual tour is available, with floor plans available upon request.

Key Highlights

  • Duplex in desirable Mt. Airy: Live in one unit and rent out the other to build equity.
  • Recently renovated 3‑bedroom unit: Features modern finishes, abundant natural light, and plenty of living space.
  • Long‑term tenant in 1‑bedroom unit: Provides immediate rental income and stability.

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 $38.7k $25.80
− Vacancy −$2.1k −$1.42
EGI $36.6k $24.38
− OpEx −$11.0k −$7.31
NOI $25.6k $17.06
1,500 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$365.7K
$320.0K – $426.6K (±1% cap)
NOI $25,597 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$337.1K
$294.9K – $393.2K (±1% cap)
NOI $23,594 @ 7.0% cap · market cap 6.57%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Electrical Service Parking Lot & Garage Skin Care Clinic Kitchen & Bath Showroom Computer & Electronic Repair Dental Office (Bike/Boat/Book/etc) Store Building Supply Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with a long-term 1-bedroom tenant and a renovated 3-bedroom unit, each with separate utilities.
Where is this duplex located?
The property is located at 76 W SHARPNACK Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Duplex in desirable Mt. Airy: Live in one unit and rent out the other to build equity.; Recently renovated 3‑bedroom unit: Features modern finishes, abundant natural light, and plenty of living space.; Long‑term tenant in 1‑bedroom unit: Provides immediate rental income and stability.
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