Well-Maintained Multi-Family
For Sale
$238,500
1236 E Sanger St, Philadelphia, PA 19124
Well-maintained multi-family property near Roosevelt Boulevard with separate utilities for each unit.
Property Size1,392 SF
Price / SF$171.34
Days on Market201
Property Features for 1236 E Sanger St
General Information
Standard status
Active
Size
1,392 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Northeast Philadelphia
Building Details
Year Built
1940
Listing Agency:
Homestarr Realty
Listed By:
Derrick Ly
(347) 553-5541
Source:
Upgradebymichaud
Added: Apr 14
Changed: Oct 25
Last Checked: Oct 30 at 4:06PM
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 Homestarr Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This well-maintained multi-family property offers separate utilities for each unit and spacious layouts designed to support tenant comfort. The units also provide ample natural light, contributing to a bright, functional living environment.
The property is located near Roosevelt Boulevard in Philadelphia, PA, with Philadelphia City School District listed in the source information.
Offered for sale as a multi-family income property, it may appeal to investors evaluating strategies such as buy and hold or value-add, based on the features described in the listing remarks.
The property is located near Roosevelt Boulevard in Philadelphia, PA, with Philadelphia City School District listed in the source information.
Offered for sale as a multi-family income property, it may appeal to investors evaluating strategies such as buy and hold or value-add, based on the features described in the listing remarks.
Key Highlights
- Well‑maintained multi‑family property built in 1940
- Separate utilities for each unit
- No pool on the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,504
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,080
$330.1K
Cap Rate 7%
$235,771
$235.8K
Cap Rate 9%
$183,378
$183.4K
Market Conditions
NOI Build-Up for 1,392 SF
Gross rent
$32.4K $23.28/SF
− Vacancy
−$2.4K −$1.72/SF
EGI
$30.0K $21.56/SF
− OpEx
−$13.5K −$9.70/SF
NOI
$16.5K $11.86/SF
Area
ZIP 19124
Vacancy
7.40%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,080
Cap Rate 7%
$235,771
Cap Rate 9%
$183,378
Alternative Uses
Best Use
Apartment 5plus
$235.8K
$206.3K – $275.1K
NOI $16,504 @ 7.0% cap · market cap 6.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$800.7K
$700.6K – $934.2K
NOI $56,049 @ 7.0% cap · market cap 23.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
1,116
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Well-maintained multi-family property near Roosevelt Boulevard with separate utilities for each unit.
Where is this multifamily property located?
The property is located at 1236 E Sanger St Philadelphia, PA.
What is the asking price?
The asking price for this property is $238,500.
What are key features of this property?
This property features: Well‑maintained multi‑family property built in 1940; Separate utilities for each unit; No pool on the property
