Renovated Duplex with Car
162 West Allegheny Avenue Philadelphia, PA 19133
162 West Allegheny Avenue, Philadelphia, PA, 19133
$324,900
For Sale
$324,900
Renovated two-unit duplex offers a car garage, side entrance, and handicap accessibility with chair lift for primary entry.
Property Size1,894 SF
Price / SF$171.54
Days on Market24
Property Features for 162 West Allegheny Avenue
General Information
- Standard status
- Active
- Size
- 1,894 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1935
Listing agency
RE/MAX Select Group
(267) 632-3511
Listed by
Luis A Maldonado · License #RS313805
(267) 632-3511
Source
Compass
Added: Jun 29 Updated: Jul 21 at 5:46PM Checked: Jul 21 at 5:46PM
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 RE/MAX Select Group
Investment Insights
Based on property information with market context.
This renovated duplex features two separate apartment layouts, each with newly updated interiors. The first floor includes a living room accessed through a closed front entry, a bathroom, two bedrooms, and a newly renovated kitchen at the back, with newly laminated flooring and fresh paint throughout. The second floor includes a new kitchen with a front living room, a new bathroom at the back, and two bedrooms with freshly painted walls and new laminated flooring, plus recessed lighting throughout both apartments.
The property is located in Philadelphia (MLS Area 19133) and is served by nearby public transportation, with a bus stop less than 1 mile away. Entry includes a deck at the front and an elevated handicap-accessible lift/chair lift for mobility access, supported by a side entrance.
Additional exterior access includes a car garage. The configuration supports comfortable, self-contained living for each of the two apartments within the duplex.
The property is located in Philadelphia (MLS Area 19133) and is served by nearby public transportation, with a bus stop less than 1 mile away. Entry includes a deck at the front and an elevated handicap-accessible lift/chair lift for mobility access, supported by a side entrance.
Additional exterior access includes a car garage. The configuration supports comfortable, self-contained living for each of the two apartments within the duplex.
Key Highlights
- Renovated two‑unit duplex with chair lift handicap accessibility for the front entry
- Car garage plus side entrance
- 1935 construction
Local Financial Insights For Apartment 5plus
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 | $57.5k | $30.36 |
| − Vacancy | −$3.3k | −$1.76 |
| EGI | $54.2k | $28.60 |
| − OpEx | −$24.4k | −$12.87 |
| NOI | $29.8k | $15.73 |
1,894 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$461.7K
$404.0K – $538.7K
NOI $32,321 @ 7.0% cap · market cap 9.95%
Second Best
Apartment 5plus
$425.6K
$372.4K – $496.5K
NOI $29,792 @ 7.0% cap · market cap 9.17%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Renovated two-unit duplex offers a car garage, side entrance, and handicap accessibility with chair lift for primary entry.
Where is this duplex located?
The property is located at 162 West Allegheny Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Renovated two‑unit duplex with chair lift handicap accessibility for the front entry; Car garage plus side entrance; 1935 construction
