Multifamily
1236 North 55th Street Philadelphia, PA 19131
For Sale
$324,900
Multifamily residential income property offered for sale at 1236 North 55th Street in Philadelphia.
Property Size1,889 SF
Price / SF$171
Days on Market135
Property Features for 1236 North 55th Street
General Information
- Standard status
- Active
- Size
- 1,889 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing Agency:
Opulent Realty Group LLC
(267) 701-4148
Listed By:
Javar Clark · License #RS348286
(267) 701-4148
Source:
Compass
Added: Mar 12
Changed: Jul 21
Last Checked: Jul 24 at 1:43PM
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 Opulent Realty Group LLC
Investment Insights
Based on property information with market context.
This multifamily residential income property is offered for sale and located at 1236 North 55th Street in Philadelphia, Pennsylvania. The listing identifies the asset as an “other multifamily property,” within the MLS area 19131.
The property is in the Philadelphia County, served by the Philadelphia City School District, as stated in the listing agent’s school district information.
Additional building details, unit configuration, and condition information were not provided in the available property data.
The property is in the Philadelphia County, served by the Philadelphia City School District, as stated in the listing agent’s school district information.
Additional building details, unit configuration, and condition information were not provided in the available property data.
Key Highlights
- Multifamily residential income property for sale at 1236 North 55th Street, Philadelphia
- Year built: 1915
- Exterior: no pool
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 | $57.4k | $30.36 |
| − Vacancy | −$3.3k | −$1.76 |
| EGI | $54.0k | $28.60 |
| − OpEx | −$24.3k | −$12.87 |
| NOI | $29.7k | $15.73 |
1,889 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$424.5K
$371.4K – $495.2K
NOI $29,713 @ 7.0% cap · market cap 9.15%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$460.5K
$403.0K – $537.3K
NOI $32,236 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Multifamily residential income property offered for sale at 1236 North 55th Street in Philadelphia.
Where is this multifamily property located?
The property is located at 1236 North 55th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Multifamily residential income property for sale at 1236 North 55th Street, Philadelphia; Year built: 1915; Exterior: no pool
