Updated Duplex with Flexible First
New
For Sale
$579,500
112 COTTON STREET, Philadelphia, PA 19127
MULTI_FAMILY - PHILADELPHIA, PA
Property Size2,360 SF
Price / SF$245.55
Days on Market2
Property Features for 112 COTTON STREET
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
COOK-WISSAHICKON SCHOOL
Standard status
Active
Size
2,360 SF
Building Details
Year built
1900
Listing Agency:
BHHS Fox & Roach Chestnut Hill · Berkshire Hathaway HomeServices
(215) 247-3750
Listed By:
Cynthia DeMaio
(215) 694-5643
Added: Aug 13
Last Checked: Aug 14 at 4:06AM
MLS# PAPH2654356
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.
This duplex contains 2,360 square feet across a first-floor one-bedroom residence and a larger three-bedroom apartment spanning the second and third floors. The lower unit includes an updated kitchen, while the upper residence has modernized interiors. Each apartment is accessed through its own private entrance.
A full basement provides storage and includes a washer and dryer. The first floor is also described as suitable for retail use, offering flexibility between a commercial arrangement and residential occupancy. Built in 1900, the property is located at 112 Cotton Street in Philadelphia, Pennsylvania 19127.
A full basement provides storage and includes a washer and dryer. The first floor is also described as suitable for retail use, offering flexibility between a commercial arrangement and residential occupancy. Built in 1900, the property is located at 112 Cotton Street in Philadelphia, Pennsylvania 19127.
Key Highlights
- 2,360 square feet arranged as a duplex
- First‑floor one‑bedroom apartment with updated kitchen
- Three‑bedroom apartment occupies the second and third floors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,273
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$805,460
$805.5K
Cap Rate 7%
$575,329
$575.3K
Cap Rate 9%
$447,478
$447.5K
Market Conditions
NOI Build-Up for 2,360 SF
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.
Gross rent
$60.9K $25.80/SF
− Vacancy
−$3.4K −$1.42/SF
EGI
$57.5K $24.38/SF
− OpEx
−$17.3K −$7.31/SF
NOI
$40.3K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$805,460
Cap Rate 7%
$575,329
Cap Rate 9%
$447,478
Alternative Uses
Best Use
Multifamily LT 5
$575.3K
$503.4K – $671.2K
NOI $40,273 @ 7.0% cap · market cap 6.95%
Second Best
Apartment 5plus
$530.3K
$464.0K – $618.7K
NOI $37,122 @ 7.0% cap · market cap 6.41%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,607
Businesses Nearby
Explore this area
Business Placement
Demographics for 19127, PA
6,929
Population
3,496
Households
2
Avg Household Size
29
Median Age
77%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
11,548
Density / Sq Mi
$99,792
Median Household Income
$73,061
Median Earnings
$1,765
Median Rent
$298,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately entered residences include updated interiors, basement storage, and laundry equipment.
Where is this duplex located?
The property is located at 112 COTTON STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $579,500.
What are key features of this property?
This property features: 2,360 square feet arranged as a duplex; First‑floor one‑bedroom apartment with updated kitchen; Three‑bedroom apartment occupies the second and third floors
