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Corner Three-Unit Multifamily
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Pending

7028 Castor Avenue, Philadelphia, PA 19149

Fully rented three-unit property with a first-floor spa/salon, two second-floor bedrooms units, and parking for three vehicles.

Property SizeContact for details
Days on Market148

Property Features for 7028 Castor Avenue

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Keller Williams Realty - Cherry Hill
Listed By: Andrew Cheng · License #NJ
Source: Crexi
Added: Apr 11 Changed: Aug 26 Last Checked: Sep 2 at 2:58AM

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 Keller Williams Realty - Cherry Hill

Investment Insights

Based on property information with market context.

This fully rented three-unit property offers a first floor operating as a spa and salon and two separate residential units on the upper level. The first-floor suite is currently operating as a spa and salon with total rent of $3,200 per month, and the tenant pays 70% of tax, water, and utilities. The upper level includes two bedrooms with rent of $1,150 per month, and another two-bedroom unit with a newly renovated modern kitchen, hardwood floors, a full bathroom, and central A/C, also renting for $1,150 per month.

The property has a corner location at Castor Avenue in Oxford Circle and is described as convenient and close to transportation. Each residential unit pays its own electric, gas, and water usage of $50 per month.

On-site parking includes three parking spaces, with a bonus two-car garage not attached to the building that can be rented for additional income. The landlord pays 30% of real estate taxes and insurance.

Key Highlights

  • Fully rented 3‑unit property with a first‑floor spa/salon plus two second‑floor 2‑bedroom units
  • First‑floor spa/salon currently operating; total rent is $3,200/month; tenant pays 70% of tax, water, and utilities
  • Each upstairs 2‑bedroom unit rents for $1,150/month, with central A/C and separate utilities usage

Property Analytics

Current Use

Coco Bodywork Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,648
Businesses Nearby

Demographics for 19149, PA

60,408
Population
20,810
Households
2.9
Avg Household Size
33
Median Age
15%
College-Educated
76%
High-School Grad
2.4 sq mi
ZIP Area
25,170
Density / Sq Mi
$54,679
Median Household Income
$33,111
Median Earnings
$1,484
Median Rent
$198,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Fully rented three-unit property with a first-floor spa/salon, two second-floor bedrooms units, and parking for three vehicles.
Where is this triplex located?
The property is located at 7028 Castor Avenue Philadelphia, PA.
What are key features of this property?
This property features: Fully rented 3‑unit property with a first‑floor spa/salon plus two second‑floor 2‑bedroom units; First‑floor spa/salon currently operating; total rent is $3,200/month; tenant pays 70% of tax, water, and utilities; Each upstairs 2‑bedroom unit rents for $1,150/month, with central A/C and separate utilities usage
(267) 506-7100 Call to check price and availability
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