Updated End Row
1113 Faunce Street Philadelphia, PA 19111
For Sale
$329,900
Updated duplex with a large shaded side yard; first unit is ready while the second unit remains occupied.
Property Size1,280 SF
Price / SF$257.73
Days on Market131
Property Features for 1113 Faunce Street
General Information
- Standard status
- Active
- Size
- 1,280 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1955
Listing Agency:
DJCRE Inc.
(215) 271-7070
Listed By:
Frederic D Musilli · License #RM421769
(215) 271-7070
Source:
Compass
Added: Mar 16
Changed: Jul 23
Last Checked: Jul 23 at 5:12PM
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 DJCRE Inc.
Investment Insights
Based on property information with market context.
This updated end row duplex includes two residential units. The first floor unit has been completely turned and is ready for occupancy, while the second floor unit is currently occupied by a long-established, reliable resident.
The property also features a large side yard shaded by mature trees, adding outdoor space to the home’s layout.
With an established rental history and overall strong condition, the duplex is well suited for an owner-occupant looking to live in one unit while renting the other, or for an investor seeking a ready-to-manage rental structure.
The property also features a large side yard shaded by mature trees, adding outdoor space to the home’s layout.
With an established rental history and overall strong condition, the duplex is well suited for an owner-occupant looking to live in one unit while renting the other, or for an investor seeking a ready-to-manage rental structure.
Key Highlights
- Updated end row duplex built in 1955
- Large shaded side yard with mature trees
- First‑floor unit completely turned and ready
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 | $25.3k | $19.80 |
| − Vacancy | −$793 | −$0.62 |
| EGI | $24.6k | $19.18 |
| − OpEx | −$7.4k | −$5.75 |
| NOI | $17.2k | $13.43 |
1,280 SF · lease $19.80/SF/yr · vacancy 3.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$245.5K
$214.8K – $286.4K
NOI $17,186 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$226.4K
$198.1K – $264.1K
NOI $15,848 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$388.1K
$339.6K – $452.8K
NOI $27,166 @ 7.0% cap · market cap 8.23%
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 - Updated duplex with a large shaded side yard; first unit is ready while the second unit remains occupied.
Where is this duplex located?
The property is located at 1113 Faunce Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Updated end row duplex built in 1955; Large shaded side yard with mature trees; First‑floor unit completely turned and ready
