768 S 6TH STREET, Philadelphia, PA 19147
MULTI_FAMILY - PHILADELPHIA, PA
Property Features for 768 S 6TH STREET
General Information
Building Details
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Investment Insights
Based on property information with market context.
A private outdoor area and a separate storage room are included beyond the trinities. The property requires updating, and the listing is offered in as-is condition. The address is listed in Philadelphia, Pennsylvania (19147), near the Queen Village and Bella Vista border per the remarks.
Key Highlights
- 1915 property on a 20' x 60' lot with approximately 3,500 SF and three residences on one deed
- Front home (Unit 1): extra‑wide 3‑bed plus den, 1‑bath layout with two entrances and two kitchens
- Two separate trinities (Units 2 & 3) located off a private side breezeway with hardwood floors
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 | $86.7k | $25.80 |
| − Vacancy | −$4.8k | −$1.42 |
| EGI | $81.9k | $24.38 |
| − OpEx | −$24.6k | −$7.31 |
| NOI | $57.3k | $17.06 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 19147, PA
Market
Vacancy Rate% for Multifamily in Northeast region