Brewerytown Multifamily Investment
1234 N 30TH Street, Philadelphia, PA 19121
MULTI_FAMILY - Contemporary - PHILADELPHIA, PA
Property size:
5,631 SFPrice / SF:
$275/SF- Added:
- Jan 20, 2026
- Days on Market:
- 134
- Last Refresh:
- Jun 3 at 4:06 am
Property Features for 1234 N 30TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 5,631 SF
Taxes and HOA fees
- Tax Annual Amount
- 20271
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2014
- Number of units
- 4
- Architectural style
- Contemporary
Listing agent Guillermo Salas III License #AB067011 (484) 429-6025
Listing office EXP Realty, LLC 630 Freedom Business Ctr Drive unit: 300, Philadelphia, PA (888) 397-7352
Listing date Jan 20, 2026
MLS# PAPH2573514
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High Gross Annual Rents: $136,920 in gross annual rents from a fully occupied 7‑unit building.
- Condo‑Ready Structure: Legally configured as a condominium building, offering flexible exit strategies.
- Prime Brewerytown Location: Situated in a rapidly appreciating neighborhood.
- Turnkey Investment: Fully occupied with leases in place, ensuring immediate income.
- Modern Units with Strong Tenant Demand: Features six 2‑bedroom/2‑bath units and one 3‑bedroom/2‑bath unit with modern layouts.
- Desirable Amenities: Several units include sought‑after amenities like backyard access.
Overview
This fully occupied 7-unit multifamily property is located in the Brewerytown neighborhood of Philadelphia. The property consists of six 2-bedroom, 2-bath units and one 3-bedroom, 2-bath unit. The units are currently leased and producing $11,410 in gross monthly rent, totaling $136,920 annually. Each unit features modern layouts. The building is legally configured as a condominium, offering investors multiple exit strategies, including operating as a rental, selling individual condo units, or a hybrid approach. Several units include backyard access. The 5,631 square foot property is located minutes from Center City, major universities, public transportation, and Brewerytown's retail and dining scene.
Local 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 | $171.0k | $30.36 |
| − Vacancy | −$9.9k | −$1.76 |
| EGI | $161.0k | $28.60 |
| − OpEx | −$72.5k | −$12.87 |
| NOI | $88.6k | $15.73 |
5,631 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.27M
$1.11M – $1.48M
NOI $88,573 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.37M
$1.20M – $1.60M
NOI $96,092 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
MSME Co.
Marketing & Advertising
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.18504
- Latitude
- 39.9758
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully occupied 7-unit building in Philadelphia's Brewerytown neighborhood.
Where is this apartment building located?
The property is located at 1234 N 30TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: High Gross Annual Rents: $136,920 in gross annual rents from a fully occupied 7‑unit building.; Condo‑Ready Structure: Legally configured as a condominium building, offering flexible exit strategies.; Prime Brewerytown Location: Situated in a rapidly appreciating neighborhood.
