Duplex with Two Separate
1724 Federal Street Philadelphia, PA 19146
For Sale
$330,000
Duplex for sale in Point Breeze offering two separate units, sold in as-is condition.
Property Size1,416 SF
Price / SF$233.05
Days on Market86
Property Features for 1724 Federal Street
General Information
- Standard status
- Active
- Size
- 1,416 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1923
Listing Agency:
Real of Pennsylvania
(215) 896-2171
Listed By:
Matthew Marino · License #RS334793
(215) 896-2171
Source:
Compass
Added: Apr 30
Changed: Jul 21
Last Checked: Jul 23 at 9:26AM
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 Real of Pennsylvania
Investment Insights
Based on property information with market context.
This duplex for sale is located at 1724 Federal Street and includes two separate units. The property is offered in as-is condition.
Set in Point Breeze, the address provides access to major roadways and SEPTA transit into Center City. The surrounding area includes neighborhood amenities such as restaurants, cafes, parks, and grocery options, with additional retail and services along Washington Avenue and near Graduate Hospital.
Each unit provides independent space for flexible living arrangements, whether for long-term occupancy or rental use by an owner-occupant or investor.
Set in Point Breeze, the address provides access to major roadways and SEPTA transit into Center City. The surrounding area includes neighborhood amenities such as restaurants, cafes, parks, and grocery options, with additional retail and services along Washington Avenue and near Graduate Hospital.
Each unit provides independent space for flexible living arrangements, whether for long-term occupancy or rental use by an owner-occupant or investor.
Key Highlights
- Duplex at 1724 Federal St in Point Breeze with two separate units
- Year built: 1923
- 32"+ wide doors for accessibility
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 | $36.5k | $25.80 |
| − Vacancy | −$2.0k | −$1.42 |
| EGI | $34.5k | $24.38 |
| − OpEx | −$10.4k | −$7.31 |
| NOI | $24.2k | $17.06 |
1,416 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$345.2K
$302.1K – $402.7K
NOI $24,164 @ 7.0% cap · market cap 7.32%
Second Best
Apartment 5plus
$318.2K
$278.4K – $371.2K
NOI $22,273 @ 7.0% cap · market cap 6.75%
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
Duplexes
FAQs
What type of property is this?
Duplex - Duplex for sale in Point Breeze offering two separate units, sold in as-is condition.
Where is this duplex located?
The property is located at 1724 Federal Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Duplex at 1724 Federal St in Point Breeze with two separate units; Year built: 1923; 32"+ wide doors for accessibility
