New Construction Duplex in
1201 North Taylor Street Philadelphia, PA 19121
For Sale
$639,900
New construction duplex with modern kitchens and ceramic tile baths.
Property Size2,665 SF
Price / SF$240.11
Days on Market94
Property Features for 1201 North Taylor Street
General Information
- Standard status
- Active
- Size
- 2,665 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 2023
Listing Agency:
RE/MAX Access
(215) 651-0702
Listed By:
Steven D Capriotti · License #AB066366
(215) 651-0702
Source:
Compass
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 23 at 8:32AM
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 RE/MAX Access
Investment Insights
Based on property information with market context.
The property at 1201 N Taylor St is a newly constructed duplex, completed in 2023. Unit 1 features a bi-level floor plan with an ultra-modern kitchen, two bedrooms, two full ceramic tile baths, and a rear yard. Unit 2 offers an open floor plan with a sizable living room, two large bedrooms, two full ceramic tile baths, a powder room, and a roof deck. Each unit has a separate entrance. The property is located in Philadelphia, within MLS Area 19121. The property size is 2665 square feet.
Key Highlights
- New construction duplex built in 2023.
- Two units, each with separate entrances.
- Each unit features two bedrooms and two full ceramic tile baths.
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 | $68.8k | $25.80 |
| − Vacancy | −$3.8k | −$1.42 |
| EGI | $65.0k | $24.38 |
| − OpEx | −$19.5k | −$7.31 |
| NOI | $45.5k | $17.06 |
2,665 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$649.7K
$568.5K – $758.0K
NOI $45,478 @ 7.0% cap · market cap 7.11%
Second Best
Apartment 5plus
$598.8K
$524.0K – $698.7K
NOI $41,919 @ 7.0% cap · market cap 6.55%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - New construction duplex with modern kitchens and ceramic tile baths.
Where is this duplex located?
The property is located at 1201 North Taylor Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: New construction duplex built in 2023.; Two units, each with separate entrances.; Each unit features two bedrooms and two full ceramic tile baths.