Residential Multifamily Property For
For Sale
Contact for pricing
1200 Fillmore Street, Philadelphia, PA 19124
Multifamily residential property with 2,560 SF of space.
Property Size2,560 SF
Price / SF$132.81
Days on Market73
Property Features for 1200 Fillmore Street
General Information
Standard status
Active
Size
2,560 SF
Property subtype
Multifamily
Building Details
Year Built
1945
Listing Agency:
Keller Williams Executives Realty
(267) 632-4494
Listed By:
Michael P Cohen · License #PA
Source:
Crexi
Added: May 21
Changed: Jul 10
Last Checked: Jul 31 at 2:01PM
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 Keller Williams Executives Realty
Investment Insights
Based on property information with market context.
This residential multifamily property offers 2,560 square feet of space. The property was listed on December 16, 2021.
Key Highlights
- 2,560 SF of living space
- Residential property
- Built in 1945
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 | $59.6k | $23.28 |
| − Vacancy | −$4.4k | −$1.72 |
| EGI | $55.2k | $21.56 |
| − OpEx | −$24.8k | −$9.70 |
| NOI | $30.4k | $11.86 |
2,560 SF · lease $23.28/SF/yr · vacancy 7.40% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$433.6K
$379.4K – $505.9K
NOI $30,353 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.47M
$1.29M – $1.72M
NOI $103,078 @ 7.0% cap · market cap 30.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,554
Businesses Nearby
Explore this area
Business Placement
Demographics for 19124, PA
68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
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?
Multifamily property - Multifamily residential property with 2,560 SF of space.
Where is this multifamily property located?
The property is located at 1200 Fillmore Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 2,560 SF of living space; Residential property; Built in 1945
