Four-Unit Property with
146 VASSAR Street Philadelphia, PA 19128
New
146 VASSAR Street, Philadelphia, PA, 19128
$999,000
For Sale
$999,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size3,697 SF
Lot Size0.04 Acres
Price / SF$270.22
Days on Market5
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 Agency
Keller Williams Real Estate-Blue Bell
(215) 646-2900
910 Harvest Drive unit: 100, Blue Bell, PA
Listed by
Jayme Feiertag · License #RS295613
(610) 828-2224
Added: Jul 13 Checked: Jul 17 at 4:06 pm
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.
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
NOI $63,089 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$830.7K
$726.9K – $969.2K
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
Similar For Sale Nearby
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
