Multifamily Property with Separate
For Sale
$238,500
1236 E Sanger Street, Philadelphia, PA 19124
Multiple units feature natural light and individually separated utilities for day-to-day property oversight.
Property Size1,392 SF
Price / SF$171.34
Days on Market111
Property Features for 1236 E Sanger Street
General Information
Standard status
Active
Size
1,392 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$2,672
Building Details
Tenancy
Multi
Listing Agency:
Homestarr Realty
(347) 553-5541
Listed By:
Derrick Ly
(347) 553-5541
Source:
Exprealty
Added: Apr 14
Changed: Aug 2
Last Checked: Aug 2 at 2:19AM
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
Investment Insights
Based on property information with market context.
This multifamily property includes multiple units with individual utilities and layouts that incorporate natural light. The configuration provides distinct utility service for each unit, supporting separate operating administration across the property.
The property is located at 1236 E Sanger Street in Philadelphia, Pennsylvania, near Roosevelt Boulevard. Its address places the asset within an established Philadelphia setting with access to a named roadway nearby.
The property is located at 1236 E Sanger Street in Philadelphia, Pennsylvania, near Roosevelt Boulevard. Its address places the asset within an established Philadelphia setting with access to a named roadway nearby.
Key Highlights
- Multiple‑unit multifamily property
- Separate utilities for each unit
- Unit layouts incorporate natural light
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 | $32.4k | $23.28 |
| − Vacancy | −$2.4k | −$1.72 |
| EGI | $30.0k | $21.56 |
| − OpEx | −$13.5k | −$9.70 |
| NOI | $16.5k | $11.86 |
1,392 SF · lease $23.28/SF/yr · vacancy 7.40% · expense 45.00%
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.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
947
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 - Multiple units feature natural light and individually separated utilities for day-to-day property oversight.
Where is this multifamily property located?
The property is located at 1236 E Sanger Street 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: Multiple‑unit multifamily property; Separate utilities for each unit; Unit layouts incorporate natural light
