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Three-Unit Residential Income Property
For Sale
Contact for pricing
Pending

622 S Hancock Street, Philadelphia, PA 19147

Triplex with three 1-bedroom units, each featuring in-unit W/D, modern kitchens, and gas heat with central air.

Property SizeContact for details
Days on Market147

Property Features for 622 S Hancock Street

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 3

Building Details

Stories 3
Listing Agency: Triad Realty Inc.
Listed By: whit garrett · License #PA
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Sep 1 at 3:10AM

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 Triad Realty Inc.

Investment Insights

Based on property information with market context.

This modern triplex offers three 1-bedroom units. Each unit includes in-unit washer/dryer, a modern kitchen with dishwasher, and gas heat with central air. The first-floor unit is bi-level and has yard access. The second-floor unit is currently vacant and is being marketed with a monthly rate plus an additional parking amount. The living area has wood flooring, and the bedroom has carpeting. The third-floor unit includes a deck and fireplace, with wood floors throughout.

A separately deeded parking parcel is included, large enough for two cars. One parking space is rented to a tenant, and the other is rented to a local business. The property is located at 622 S Hancock Street, Philadelphia, PA 19147, with showings Monday through Friday from 10:00 a.m. to 5:00 p.m. only.

Rents are noted as $1,650 plus for the first-floor bi-level unit, $1,490 plus $175 for the second-floor unit with parking, and $1,495 plus for the third-floor unit. Annual taxes are reported at $262.

Key Highlights

  • Triplex with three 1‑bedroom units, each with in‑unit washer/dryer and gas heat with central air
  • Modern kitchens with dishwasher; all units include in‑unit W/D
  • 1st‑floor bi‑level unit with yard access

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Buffet Clothing & Fashion Store

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

7,743
Businesses Nearby

Demographics for 19147, PA

41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
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 - Triplex with three 1-bedroom units, each featuring in-unit W/D, modern kitchens, and gas heat with central air.
Where is this triplex located?
The property is located at 622 S Hancock Street Philadelphia, PA.
What are key features of this property?
This property features: Triplex with three 1‑bedroom units, each with in‑unit washer/dryer and gas heat with central air; Modern kitchens with dishwasher; all units include in‑unit W/D; 1st‑floor bi‑level unit with yard access
More about this property
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