Stone Triplex with Detached
For Sale
$700,000
140 SUMAC STREET, Philadelphia, PA 19128
Three residential units include varied layouts, private outdoor space, and in-unit laundry.
Property Size3,573 SF
Days on Market59
Property Features for 140 SUMAC STREET
General Information
Standard status
Active
Size
3,573 SF
Total Parking Spaces
3
Property subtype
Triplex
Site & Location
Neighborhood
Wissahickon
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR+flex, 1 x 2BR
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$8,072
Amenities
in-unit laundry
private deck
Building Details
Building Size
3,573 SF
Year Built
1930
Construction
stone
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Stephanie A Hornig · License #RS320009
(610) 316-6624
Source:
Patmckennarealtors
Added: Aug 26
Changed: Oct 21
Last Checked: Oct 21 at 3:01AM
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
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Investment Insights
Based on property information with market context.
This stone triplex contains three residential units with distinct layouts. The first-floor apartment offers two bedrooms, one full bathroom, and in-unit laundry. The second-floor unit includes one bedroom and a flex room that can serve as an office, craft area, or additional living space. The third unit provides two bedrooms and a private deck. A detached three-car garage adds substantial on-site storage and parking capacity.
The property is located on Sumac Street in Philadelphia’s Manayunk neighborhood, near restaurants, shops, and entertainment. Public transportation and major roadways are also accessible from the property. Built in 1930, the building combines a multi-unit configuration with several practical features for residential occupancy.
The property is located on Sumac Street in Philadelphia’s Manayunk neighborhood, near restaurants, shops, and entertainment. Public transportation and major roadways are also accessible from the property. Built in 1930, the building combines a multi-unit configuration with several practical features for residential occupancy.
Key Highlights
- Three‑unit stone residential property built in 1930
- Detached three‑car garage
- First‑floor unit with two bedrooms, one full bathroom, and in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,973
Cap Rate
8.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,219,460
$1.2M
Cap Rate 7%
$871,043
$871.0K
Cap Rate 9%
$677,478
$677.5K
Market Conditions
NOI Build-Up for 3,573 SF
Gross rent
$92.2K $25.80/SF
− Vacancy
−$5.1K −$1.42/SF
EGI
$87.1K $24.38/SF
− OpEx
−$26.1K −$7.31/SF
NOI
$61.0K $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 Rate 5%
$1,219,460
Cap Rate 7%
$871,043
Cap Rate 9%
$677,478
Alternative Uses
Best Use
Multifamily LT 5
$871.0K
$762.2K – $1.02M
NOI $60,973 @ 7.0% cap · market cap 8.71%
Second Best
Apartment 5plus
$802.9K
$702.5K – $936.7K
NOI $56,202 @ 7.0% cap · market cap 8.03%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units include varied layouts, private outdoor space, and in-unit laundry.
Where is this triplex located?
The property is located at 140 SUMAC STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Three‑unit stone residential property built in 1930; Detached three‑car garage; First‑floor unit with two bedrooms, one full bathroom, and in‑unit laundry
