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Four-Unit Property with Garages

146 VASSAR Street Philadelphia, PA 19128

New
146 VASSAR Street, Philadelphia, PA, 19128
$999,000
For Sale
Claim this Listing
$999,000

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size3,697 SF
Lot Size0.04 Acres
Price / SF$270.22
AddedJul 13
Days on Market2
Last RefreshJul 14 at 7:06 pm

Property Features for 146 VASSAR Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
2
Parking features
Garage - Detached
Standard status
Active
Size
3,697 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
8992

Utilities

Heating system
Hot Water(Heating)
Cooling system
Central Air

Building Details

Year built
1900
Number of units
4
Building materials
Masonry
Architectural style
Other

Listing agent Jayme Feiertag License #RS295613

Listing office Keller Williams Real Estate-Blue Bell 910 Harvest Drive unit: 100, Blue Bell, PA

Listing date Jul 13, 2026

MLS# PAPH2647386 Listing URL

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

146 Vassar Street is a distinctive four-unit residential income property featuring two extra-large garages that can support storage and/or parking needs. The units include exposed brick walls, central air, forced air, trey ceilings, and in-unit laundry. Flooring is a mix of hardwood and carpet, contributing to a cohesive, lived-in feel across the residences.

The property is located in Philadelphia, PA, and is described as being right by Wissahickon Train Station, providing convenient access for tenants. The total lot size is 0.0444 acres, with a property size of 3,697 square feet.

For purchase, the listing notes that this will require commercial lending, which may be a consideration for investors and owner-occupants evaluating financing options.

Key Highlights

  • Unique 4‑unit property with exposed brick interiors and a mix of hardwood and carpeted flooring
  • Central air plus forced air heating and hot water (heating)
  • In‑unit laundry for each unit

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 $95.4k $25.80
− Vacancy −$5.3k −$1.42
EGI $90.1k $24.38
− OpEx −$27.0k −$7.31
NOI $63.1k $17.06
3,697 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$901.3K
$788.6K – $1.05M (±1% cap)
NOI $63,089 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$830.7K
$726.9K – $969.2K (±1% cap)
NOI $58,152 @ 7.0% cap · market cap 5.82%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Florist Daycare Center Bakery Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four-unit multifamily property with two extra-large garages, in-unit laundry, and central air/forced air in each unit.
Where is this quadplex located?
The property is located at 146 VASSAR Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Unique 4‑unit property with exposed brick interiors and a mix of hardwood and carpeted flooring; Central air plus forced air heating and hot water (heating); In‑unit laundry for each unit
Contact an agent
More about this property
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