2023 Duplex with Roof
1105 South 27th Street Philadelphia, PA 19146
For Sale
$649,000
Newly built duplex (2023) with two 2-bedroom units, one featuring a roof deck, and currently fully rented.
Property Size2,500 SF
Price / SF$259.60
Days on Market406
Property Features for 1105 South 27th Street
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 2023
Listing Agency:
Compass
(215) 901-2141
Listed By:
Matthew Ostroff · License #RS372536
(215) 901-2141
Source:
Compass
Added: Jun 13, 2025
Changed: Jul 21
Last Checked: Jul 21 at 7:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
Built in 2023, this fully rented duplex offers modern, low-maintenance living with two separate units. Unit #1 provides a 2-bedroom, 2.5-bath layout. Unit #2 is also a 2-bedroom, 2.5-bath configuration and includes a roof deck.
The property is located in Philadelphia’s Point Breeze area. The listing notes a ten-year tax abatement in place until 2033.
This duplex is available for sale on an individual basis or as part of a group purchase that includes three other fully rented, new construction buildings listed at 1107 S. 27th St, 2609-11 Federal St, and 2613 Federal St.
The property is located in Philadelphia’s Point Breeze area. The listing notes a ten-year tax abatement in place until 2033.
This duplex is available for sale on an individual basis or as part of a group purchase that includes three other fully rented, new construction buildings listed at 1107 S. 27th St, 2609-11 Federal St, and 2613 Federal St.
Key Highlights
- Duplex built in 2023 with contemporary features and low‑maintenance construction
- Both units are currently rented, providing immediate rental income
- Unit #1 offers 2 bed and 2.5 bath
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 | $64.5k | $25.80 |
| − Vacancy | −$3.6k | −$1.42 |
| EGI | $60.9k | $24.38 |
| − OpEx | −$18.3k | −$7.31 |
| NOI | $42.7k | $17.06 |
2,500 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$609.5K
$533.3K – $711.0K
NOI $42,662 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$561.8K
$491.6K – $655.4K
NOI $39,324 @ 7.0% cap · market cap 6.06%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Newly built duplex (2023) with two 2-bedroom units, one featuring a roof deck, and currently fully rented.
Where is this duplex located?
The property is located at 1105 South 27th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Duplex built in 2023 with contemporary features and low‑maintenance construction; Both units are currently rented, providing immediate rental income; Unit #1 offers 2 bed and 2.5 bath
