222 Buckingham Pl Philadelphia, PA 19104
Three-unit multifamily property built in 1915, zoned RSA3 in Philadelphia for residential income use.
Property Features for 222 Buckingham Pl
General Information
- Standard status
- Active
- Size
- 1,890 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1915
Listing office Mallin Panchelli Nadel Realty, Inc. (215) 413-4900
Listing date Jun 24, 2026
Source Mpnrealty
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 Mallin Panchelli Nadel Realty, Inc.
Investment Insights
Based on property information with market context.
The building is located in Philadelphia and is zoned RSA3. The RSA3 zoning designation may be relevant for planning a variety of residential uses consistent with local regulations, making the property of interest to buyers focused on long-term holding and potential future strategy.
For tenants seeking a multi-unit arrangement and for investors evaluating residential income assets, this property provides a compact, manageable scale with three units in place. With its established building and existing unit configuration, the site is positioned as a candidate for buyers who want a small multifamily offering in Philadelphia under the RSA3 zoning category.
Key Highlights
- 3‑unit multifamily property in Philadelphia
- Building size: 1,890 SF
- Built in 1915
Local Financial Insights For Multifamily LT 5
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 | $48.8k | $25.80 |
| − Vacancy | −$2.7k | −$1.42 |
| EGI | $46.1k | $24.38 |
| − OpEx | −$13.8k | −$7.31 |
| NOI | $32.3k | $17.06 |
