10602 COWDEN Street, Philadelphia, PA 19116
MULTI_FAMILY - PHILADELPHIA, PA
- Added:
- Apr 28, 2026
- Days on Market:
- 44
- Last Refresh:
- Jun 10 at 3:06 pm
Property Features for 10602 COWDEN Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Driveway
- Standard status
- Active
- Size
- 1,784 SF
- Lot size
- 0.78 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6326
Utilities
- Heating system
- Forced Air, Other (Heating)
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1960
- Number of units
- 2
- Building materials
- Brick
Listing agent Irina Vilk License #RM423423 (267) 918-5555
Listing office Rubicon Realty Group LLC 1300 Industrial Boulevard unit: 201, Southampton, PA (215) 396-3322
Listing date Apr 28, 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
- Duplex property in a desirable Northeast Philadelphia location.
- Both units delivered vacant, offering immediate rental income potential or owner‑occupancy.
- Updated kitchens and bathrooms in both units.
- Two separate, efficient Lenox heating units and tankless water heaters.
- Each unit includes in‑unit washer/dryer hookups in the basement.
- Generous backyard with grilling area and shed.
Overview
The home is situated on a quiet one-way street in Philadelphia, with shopping and public transportation reportedly nearby. Per public records, the property is zoned Duplex Two Family, though there are noted inconsistencies in how it has been treated by some city agencies.
With both units having similar layouts and independent systems, the duplex can be a straightforward fit for investors seeking steady rental income or buyers who want to house family or close friends while offsetting mortgage expenses. The updated interiors support tenants from day one, while the outdoor space and shed add practical value for day-to-day living.
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 | $46.0k | $25.80 |
| − Vacancy | −$2.5k | −$1.42 |
| EGI | $43.5k | $24.38 |
| − OpEx | −$13.0k | −$7.31 |
| NOI | $30.4k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.01298
- Latitude
- 40.10155
