Renovated
For Sale
$550,000
1258 N 64TH STREET, Philadelphia, PA 19151
Central heating and cooling serve all units, with electric separately metered to each apartment.
Property Size2,170 SF
Price / SF$253.46
Days on Market66
Property Features for 1258 N 64TH STREET
General Information
Standard status
Active
Size
2,170 SF
Property subtype
Quadruplex
Net Operating Income
$38,573
Financials
Asking Price
$550,000
Cap Rate
7.01%
Gross Income
$49,200
Additional Details
Multifamily Units
4
Building Details
Year Built
1920
Listing Agency:
Capital Commercial Real Estate Group
Listed By:
Christopher A Yangello · License #RM421541
(610) 359-9700
Source:
Cummingsrealtors
Added: Aug 12
Changed: Oct 15
Last Checked: Oct 16 at 8:11AM
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 Capital Commercial Real Estate Group
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Investment Insights
Based on property information with market context.
This four-unit apartment building contains 2,170 square feet and was built in 1920. The property has undergone a complete renovation and is described in excellent condition, with no known deferred maintenance. Each apartment has central heat and central air, along with 100 amp electrical service.
Electricity is separately metered and paid by tenants, while water is owner-paid. The roof and water heaters are approximately 4 years old. The property does not include parking and is located in Philadelphia, Pennsylvania.
Electricity is separately metered and paid by tenants, while water is owner-paid. The roof and water heaters are approximately 4 years old. The property does not include parking and is located in Philadelphia, Pennsylvania.
Key Highlights
- Four‑unit apartment building with 2,170 square feet
- Complete renovation with no known deferred maintenance
- Central heat and central air in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,031
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,620
$740.6K
Cap Rate 7%
$529,014
$529.0K
Cap Rate 9%
$411,456
$411.5K
Market Conditions
NOI Build-Up for 2,170 SF
Gross rent
$56.0K $25.80/SF
− Vacancy
−$3.1K −$1.42/SF
EGI
$52.9K $24.38/SF
− OpEx
−$15.9K −$7.31/SF
NOI
$37.0K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,620
Cap Rate 7%
$529,014
Cap Rate 9%
$411,456
Alternative Uses
Best Use
Multifamily LT 5
$529.0K
$462.9K – $617.2K
NOI $37,031 @ 7.0% cap · market cap 6.73%
Second Best
Apartment 5plus
$487.6K
$426.7K – $568.9K
NOI $34,133 @ 7.0% cap · market cap 6.21%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,030
Businesses Nearby
Explore this area
Business Placement
Demographics for 19151, PA
30,394
Population
15,084
Households
2
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
2.4 sq mi
ZIP Area
12,664
Density / Sq Mi
$58,046
Median Household Income
$42,504
Median Earnings
$1,167
Median Rent
$181,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Central heating and cooling serve all units, with electric separately metered to each apartment.
Where is this quadplex located?
The property is located at 1258 N 64TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four‑unit apartment building with 2,170 square feet; Complete renovation with no known deferred maintenance; Central heat and central air in every unit
