1544 North 7th Street Philadelphia, PA 19122
Newly renovated, fully leased triplex in Philadelphia's 19122 area.
Property Features for 1544 North 7th Street
General Information
- Standard status
- Active
- Size
- 2,889 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing office Realty Mark Cityscape-King of Prussia (267) 242-2588
Listing date Sep 21, 2025
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Newly renovated in 2021
- Fully leased triplex providing immediate rental income
- Unit 2 generates $1794/month in rent
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 | $74.5k | $25.80 |
| − Vacancy | −$4.1k | −$1.42 |
| EGI | $70.4k | $24.38 |
| − OpEx | −$21.1k | −$7.31 |
| NOI | $49.3k | $17.06 |
