PHILADELPHIA, PA 19147 Philadelphia, PA 19147
MULTI_FAMILY - PHILADELPHIA, PA
- Added:
- Apr 9, 2025
- Days on Market:
- 458
- Last Refresh:
- Jul 10 at 9:06 pm
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Standard status
- Active
- Size
- 2,000 SF
Building Details
- Year built
- 1915
Listing agent Patrick Conway License #RS217990L (215) 266-1537
Listing office BHHS Fox & Roach Center City-Society Hill PA (215) 627-6005
Listing date Apr 9, 2025
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.
The building also includes a basement with high ceilings, flexible space, and existing mechanicals. The property is zoned CMX1 for commercial mixed use and offers two separate entrances, supporting convenient access for future occupants.
Located in Philadelphia in the Dickinson Narrow area, the property is surrounded by local amenities including restaurants, cafes, and parks and playgrounds.
Key Highlights
- 3‑story corner property built in 1915 with two separate entrances
- Zoned CMX1 commercial mixed use, offering flexible uses
- First floor for commercial use with a spacious office, large greeting room, powder room, two bonus rooms, and rear yard
Local Financial Insights For Apartment 5plus
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 | $60.7k | $30.36 |
| − Vacancy | −$3.5k | −$1.76 |
| EGI | $57.2k | $28.60 |
| − OpEx | −$25.7k | −$12.87 |
| NOI | $31.5k | $15.73 |
