1454 North Lawrence Street, Philadelphia, PA 19122
Fully renovated triplex in Philadelphia's vibrant Olde Kensington neighborhood.
- Added:
- Jul 18, 2025
- Days on Market:
- 318
- Last Refresh:
- Mar 13 at 1:50 pm
Property Features for 1454 North Lawrence Street
General Information
- Standard status
- Active
- Size
- 2,440 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing agent Matthew DeSantis License #342628 (267) 625-7016
Listing office Keller Williams Real Estate-Horsham (267) 625-7016
Listing date Jul 18, 2025
Source Compass
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HighLights
- Turnkey, fully renovated triplex in Philadelphia's Olde Kensington neighborhood, offering immediate cash flow potential.
- Three modern 1‑bedroom units, each with renovated interiors, modern kitchens and baths, and stylish lighting.
- Ideal for investors or owner‑occupants, with options to adjust rents or live in one unit and rent out the others.
- Located in a vibrant area with easy access to restaurants, coffee shops, breweries, and public transportation.
- Features energy‑efficient ductless mini‑split systems in each unit.
- Unit 2 is currently rented through 1/31/26 providing immediate income.
Overview
Local 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 | $63.0k | $25.80 |
| − Vacancy | −$3.5k | −$1.42 |
| EGI | $59.5k | $24.38 |
| − OpEx | −$17.8k | −$7.31 |
| NOI | $41.6k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.14341
- Latitude
- 39.973804