Well-Maintained Three-Unit
1223 N 25th St Philadelphia, PA 19121
For Sale
Contact for pricing
Well-maintained three-unit building with bi-level layouts, private outdoor space, and each unit currently rented.
Property Size3,000 SF
Price / SF$245
Days on Market120
Property Features for 1223 N 25th St
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2017
Listing Agency:
Agent PHL | Compass RE - Philadelphia
Listed By:
Reda Akbil · License #RS337002
Source:
Crexi
Added: Mar 27
Changed: Jul 22
Last Checked: Jul 23 at 3:17PM
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 Agent PHL | Compass RE - Philadelphia
Investment Insights
Based on property information with market context.
1223 N 25th St is a well-maintained three-unit multifamily building configured as three separate condos. Unit A is a very large bi-level 2 bed/2 bath with an open layout, an en-suite master, and a very large private backyard. Unit B is a 1 bed/1 bath with an open floor plan and a private balcony. Unit C is a bi-level 2 bed/2 bath with an open layout, two balconies, an en-suite master, and a private large roof deck.
The property has about four years remaining in full tax abatement, which may be relevant to buyers evaluating operating costs. It is located in the Brewerytown area, one block from College Ave, with restaurants on Girard Ave and the Fairmount area nearby.
All three units are described as large and well maintained. The building is positioned as newer built and low maintenance, with rents listed for Units A, B, and C at the time of the remarks.
The property has about four years remaining in full tax abatement, which may be relevant to buyers evaluating operating costs. It is located in the Brewerytown area, one block from College Ave, with restaurants on Girard Ave and the Fairmount area nearby.
All three units are described as large and well maintained. The building is positioned as newer built and low maintenance, with rents listed for Units A, B, and C at the time of the remarks.
Key Highlights
- Newer 3‑unit multi‑family building built in 2017
- All 3 units are currently rented: Unit A $1,645/mo, Unit B $1,315/mo, Unit C $1,989/mo
- Unit A: very large bi‑level 2BD/2BA with an open layout, en‑suite master, and private backyard
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 | $77.4k | $25.80 |
| − Vacancy | −$4.3k | −$1.42 |
| EGI | $73.1k | $24.38 |
| − OpEx | −$21.9k | −$7.31 |
| NOI | $51.2k | $17.06 |
3,000 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$731.4K
$639.9K – $853.3K
NOI $51,195 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$674.1K
$589.9K – $786.5K
NOI $47,189 @ 7.0% cap · market cap 6.42%
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
Triplexes
FAQs
What type of property is this?
Triplex - Well-maintained three-unit building with bi-level layouts, private outdoor space, and each unit currently rented.
Where is this triplex located?
The property is located at 1223 N 25th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Newer 3‑unit multi‑family building built in 2017; All 3 units are currently rented: Unit A $1,645/mo, Unit B $1,315/mo, Unit C $1,989/mo; Unit A: very large bi‑level 2BD/2BA with an open layout, en‑suite master, and private backyard
