1735 MCKEAN Street, Philadelphia, PA 19145
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Mar 16, 2026
- Days on Market:
- 116
- Last Refresh:
- Jul 9 at 8:06 am
Property Features for 1735 MCKEAN Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- Kitchen - Eat-In
- Standard status
- Active
- Size
- 1,468 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1376
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1927
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing agent Dat Hong License #RS292173 (267) 312-5052
Listing office Central Realty Group LLC 3064 Willits Road, Philadelphia, PA (215) 516-6038
Listing date Mar 16, 2026
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.
HighLights
- Legally zoned 2‑unit duplex, ideal for rental income or owner‑occupancy.
- Proven income potential with previous rents totaling $2650 per month.
- Each unit features 2 bedrooms, 1 bathroom, and an eat‑in kitchen/living room.
- Separate HVAC units for each apartment.
- First‑floor unit includes access to a full basement and rear yard.
- Convenient location near Center City, shopping, bars, and cafes.
Overview
The building is located in Newbold, Philadelphia, and is described as conveniently located to Center City as well as shopping areas, bars, and cafes. The lot size is listed at 0.022 acres, and the property size is reported as 1,468 square feet.
From a tenant or owner-operator perspective, the duplex format supports flexibility: you can rent both units, or live in one unit while renting the other. With independent HVAC and gas heating for each unit, the layout is designed to keep household comfort and day-to-day living needs self-contained for each tenant. The first-floor access to the basement and rear yard may also be attractive for storage and practical everyday use.
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 | $37.9k | $25.80 |
| − Vacancy | −$2.1k | −$1.42 |
| EGI | $35.8k | $24.38 |
| − OpEx | −$10.7k | −$7.31 |
| NOI | $25.1k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.17557
- Latitude
- 39.92653
