7962 SUMMERDALE Avenue, Philadelphia, PA 19111
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Jun 12, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 13 at 7:06 pm
Property Features for 7962 SUMMERDALE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,486 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4928
Utilities
- Heating system
- Hot Water(Heating)
Building Details
- Year built
- 1963
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Curt Gasper License #RS203182L (215) 947-1811
Listing office Coldwell Banker Hearthside Realtors 2600 Philmont Avenue unit: 100, Richboro, PA (215) 379-2002
Listing date Jun 12, 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
- Modern twin duplex built in 1963 with masonry construction
- Both units have separate utilities and are currently occupied
- Each unit features a light and bright living/dining area with dining room/kitchen space
- Ceramic tile full bathroom and a large bedroom
- Full large basement with plenty of storage and a separate laundry area
- On‑street parking plus rear exit to a super large fenced‑in yard
Overview
The property is located at 7962 Summerdale Avenue in Philadelphia, PA 19111. The lot size is listed at 0.068 acres, and the total property size is provided as 1,486 square feet.
Both units are occupied, and the separate utility setup supports straightforward separation of operating expenses between tenants. With interior living space plus basement storage and laundry, the layout is suited to tenants seeking functional, comfortable floor plans alongside an outdoor fenced yard area accessed from the rear.
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 | $29.4k | $19.80 |
| − Vacancy | −$921 | −$0.62 |
| EGI | $28.5k | $19.18 |
| − OpEx | −$8.6k | −$5.75 |
| NOI | $20.0k | $13.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.062088
- Latitude
- 40.064743
