Legal Triplex with Private
1227 West Champlost Avenue Philadelphia, PA 19141
For Sale
$395,000
Pending
Legal triplex offering three 2-bedroom, 1-bath units with separate utilities and laundry hook-ups.
Property Size1,554 SF
Days on Market101
Property Features for 1227 West Champlost Avenue
General Information
- Standard status
- Pending
- Size
- 1,554 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1945
Listing Agency:
Compass
(215) 869-6334
Listed By:
Thailan Lim
(215) 869-6334
Source:
Compass
Added: Apr 15
Changed: Jul 21
Last Checked: Jul 24 at 12:12PM
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 Compass
Investment Insights
Based on property information with market context.
This legal triplex includes three separate 2-bedroom, 1-bath units. Each unit features a spacious living room with large front windows for natural light, along with laundry hook-ups. The property also has separate utilities for ease of management, and each unit has its own private entrance; Unit 1 includes a completely separate exterior entry.
Located in Philadelphia County, the property is described as being very close to public transportation, shopping, and major commuting routes.
The configuration supports straightforward unit-by-unit operation, with private entrances and utility separation across all three units.
Located in Philadelphia County, the property is described as being very close to public transportation, shopping, and major commuting routes.
The configuration supports straightforward unit-by-unit operation, with private entrances and utility separation across all three units.
Key Highlights
- Legal triplex with three 2‑bedroom, 1‑bath units
- Separate utilities for each unit
- Laundry hook‑ups included for each unit
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 | $40.1k | $25.80 |
| − Vacancy | −$2.2k | −$1.42 |
| EGI | $37.9k | $24.38 |
| − OpEx | −$11.4k | −$7.31 |
| NOI | $26.5k | $17.06 |
1,554 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$378.8K
$331.5K – $442.0K
NOI $26,519 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$349.2K
$305.6K – $407.4K
NOI $24,444 @ 7.0% cap · market cap 6.19%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Legal triplex offering three 2-bedroom, 1-bath units with separate utilities and laundry hook-ups.
Where is this triplex located?
The property is located at 1227 West Champlost Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Legal triplex with three 2‑bedroom, 1‑bath units; Separate utilities for each unit; Laundry hook‑ups included for each unit
