Modern Triplex Near
For Sale
$599,900
1802 E HUNTINGDON STREET, Philadelphia, PA 19125
Three apartments offer contemporary finishes, private balconies or patio access, and central air.
Property Size2,658 SF
Days on Market109
Property Features for 1802 E HUNTINGDON STREET
General Information
Standard status
Active
Size
2,658 SF
Property subtype
Triplex
Site & Location
Neighborhood
Kensington
Taxes and HOA fees
Annual Taxes
$2,055
Building Details
Building Size
2,658 SF
Year Built
2017
Listing Agency:
JG Real Estate LLC
Listed By:
Ariel L Morgenstein · License #AB067988
(215) 467-4100
Source:
Patmckennarealtors
Added: Jul 8
Changed: Oct 21
Last Checked: Oct 23 at 4:33PM
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 JG Real Estate LLC
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Investment Insights
Based on property information with market context.
Built in 2017, this 2,658-square-foot triplex contains three two-bedroom apartments with modern layouts and updated finishes. The first-floor residence includes two full bathrooms, a finished lower level, additional storage, stacked laundry, a utility sink, and access to a private patio. The upper apartments each include one full bathroom, central A/C, in-unit laundry, bright living areas, and private balconies.
Interior features include hardwood or tile flooring, stainless steel appliances, granite or black granite countertops, tiled backsplashes, recessed lighting, breakfast-bar seating, generous closets, and contemporary bathroom fixtures. Video surveillance is provided in the entryways. The property is located across from Huntingdon Station on the El, providing direct access to rail transit and surrounding city amenities.
Interior features include hardwood or tile flooring, stainless steel appliances, granite or black granite countertops, tiled backsplashes, recessed lighting, breakfast-bar seating, generous closets, and contemporary bathroom fixtures. Video surveillance is provided in the entryways. The property is located across from Huntingdon Station on the El, providing direct access to rail transit and surrounding city amenities.
Key Highlights
- 2,658‑square‑foot triplex built in 2017
- Three 2‑bedroom apartments
- First‑floor unit includes 2 full bathrooms and a finished lower level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,358
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$907,160
$907.2K
Cap Rate 7%
$647,971
$648.0K
Cap Rate 9%
$503,978
$504.0K
Market Conditions
NOI Build-Up for 2,658 SF
Gross rent
$68.6K $25.80/SF
− Vacancy
−$3.8K −$1.42/SF
EGI
$64.8K $24.38/SF
− OpEx
−$19.4K −$7.31/SF
NOI
$45.4K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$907,160
Cap Rate 7%
$647,971
Cap Rate 9%
$503,978
Alternative Uses
Best Use
Multifamily LT 5
$648.0K
$567.0K – $756.0K
NOI $45,358 @ 7.0% cap · market cap 7.56%
Second Best
Apartment 5plus
$597.3K
$522.6K – $696.8K
NOI $41,809 @ 7.0% cap · market cap 6.97%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,286
Businesses Nearby
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Business Placement
Demographics for 19125, PA
25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three apartments offer contemporary finishes, private balconies or patio access, and central air.
Where is this triplex located?
The property is located at 1802 E HUNTINGDON STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 2,658‑square‑foot triplex built in 2017; Three 2‑bedroom apartments; First‑floor unit includes 2 full bathrooms and a finished lower level
