Stone Triplex Near
New
For Sale
$834,900
130 SUMAC STREET, Philadelphia, PA 19128
Stone multifamily property with six bedrooms and six bathrooms near Main Street Manayunk.
Property Size3,587 SF
Days on Market4
Property Features for 130 SUMAC STREET
General Information
Standard status
Active
Size
3,587 SF
Property subtype
Five Or More Units
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,935
Building Details
Building Size
3,587 SF
Year Built
1940
Construction
stone
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Stephanie A Hornig · License #RS320009
(610) 316-6624
Source:
Mainlinekw
Added: Sep 2
Changed: Sep 4
Last Checked: Sep 5 at 6:48AM
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 Pennsylvania, LLC
Investment Insights
Based on property information with market context.
Built in 1940, this stone triplex offers six bedrooms and six bathrooms in a multifamily configuration. The property is positioned for residential income use, with a layout that supports rental occupancy, multigenerational living, or a combination of owner use and investment use.
Located on Sumac Street in Philadelphia, the property is minutes from Main Street Manayunk and its restaurants, cafés, shops, entertainment, and local attractions. Public transportation and major roadways provide access throughout the Philadelphia area.
Located on Sumac Street in Philadelphia, the property is minutes from Main Street Manayunk and its restaurants, cafés, shops, entertainment, and local attractions. Public transportation and major roadways provide access throughout the Philadelphia area.
Key Highlights
- Triplex with 6 bedrooms and 6 bathrooms
- Stone exterior with construction dating to 1940
- Located on Sumac Street in Philadelphia, PA 19128
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$61,212
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,224,240
$1.2M
Cap Rate 7%
$874,457
$874.5K
Cap Rate 9%
$680,133
$680.1K
Market Conditions
NOI Build-Up for 3,587 SF
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.
Gross rent
$92.5K $25.80/SF
− Vacancy
−$5.1K −$1.42/SF
EGI
$87.4K $24.38/SF
− OpEx
−$26.2K −$7.31/SF
NOI
$61.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,224,240
Cap Rate 7%
$874,457
Cap Rate 9%
$680,133
Alternative Uses
Best Use
Multifamily LT 5
$874.5K
$765.2K – $1.02M
NOI $61,212 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$806.0K
$705.3K – $940.4K
NOI $56,422 @ 7.0% cap · market cap 6.76%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,290
Businesses Nearby
Explore this area
Business Placement
Demographics for 19128, PA
36,808
Population
19,006
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
5,258
Density / Sq Mi
$89,639
Median Household Income
$64,861
Median Earnings
$1,563
Median Rent
$330,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Stone multifamily property with six bedrooms and six bathrooms near Main Street Manayunk.
Where is this triplex located?
The property is located at 130 SUMAC STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $834,900.
What are key features of this property?
This property features: Triplex with 6 bedrooms and 6 bathrooms; Stone exterior with construction dating to 1940; Located on Sumac Street in Philadelphia, PA 19128
