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4-Unit Residential Income Property

1907-09 Fuller Street Philadelphia, PA 19152

1907-09 Fuller Street, Philadelphia, PA, 19152
$630,000
For Sale
$630,000

Four one-bedroom units are arranged with four attached garages, with two renovated and ready for immediate occupancy.

Property Size2,574 SF
Price / SF$244.76
Days on Market16

Property Features for 1907-09 Fuller Street

General Information

Standard status
Active
Size
2,574 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1960
Listing agency Joseph F X Fasy Realtors
Listed by Joseph F.X. Fasy Jr · License #AB069053
Source Compass
Added: Jul 7 Updated: Jul 21 at 9:53PM Checked: Jul 21 at 9:53PM

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 Joseph F X Fasy Realtors


Investment Insights

Based on property information with market context.

This well maintained 4-unit residential income property features four one-bedroom units. Each unit has an attached garage, providing covered parking directly with the residences. Two of the units have been fully renovated and are described as turn-key ready for immediate occupancy, while the remaining two units are tenant occupied on month-to-month leases.

The property is located at 1907-09 Fuller Street in Philadelphia, PA 19152, within the Philadelphia City School District.

For buyers seeking a managed mix of newly renovated and currently leased units, this configuration offers two immediate-occupancy units alongside two ongoing month-to-month tenancies.

Key Highlights

  • 4 one‑bedroom units with four attached garages
  • Two units are fully renovated and ready for immediate occupancy at market rents
  • Two additional units are tenant occupied on month‑to‑month leases

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 $66.4k $25.80
− Vacancy −$3.7k −$1.42
EGI $62.8k $24.38
− OpEx −$18.8k −$7.31
NOI $43.9k $17.06
2,574 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$627.5K
$549.1K – $732.1K (±1% cap)
NOI $43,925 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$578.4K
$506.1K – $674.8K (±1% cap)
NOI $40,488 @ 7.0% cap · market cap 6.43%
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

Quadplexes

Suggested Use

Law Firm Real Estate Agency Grocery & Convenience Store Kitchen & Bath Showroom Home Appliance Store (Bike/Boat/Book/etc) Store Hair Salon Discount Store (Bike/Boat/Book/etc) Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four one-bedroom units are arranged with four attached garages, with two renovated and ready for immediate occupancy.
Where is this quadplex located?
The property is located at 1907-09 Fuller Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: 4 one‑bedroom units with four attached garages; Two units are fully renovated and ready for immediate occupancy at market rents; Two additional units are tenant occupied on month‑to‑month leases
Contact an agent
More about this property
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