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Francisville Triplex Investment Opportunity

1908 Ingersoll Street Philadelphia, PA 19121

1908 Ingersoll Street, Philadelphia, PA, 19121
$699,000
For Sale
Claim this Listing
$699,000

Turnkey triplex in Francisville's development zone with strong income.

Property Size2,709 SF
Price / SF$258.03
AddedJan 21
Days on Market176
Last RefreshJul 16 at 8:16 am

Property Features for 1908 Ingersoll Street

General Information

Standard status
Active
Size
2,709 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
2017

Listing office KW Empower

Listing date Jan 21, 2026

Source Compass

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 KW Empower


Investment Insights

Based on property information with market context.

This turnkey triplex is located in the heart of Francisville's development zone in Philadelphia. The property is situated within blocks of newer multifamily developments, offering an investment opportunity in a growing area. The property is part of an assemblage of multi-family buildings and can be purchased individually or as a package. The property is located within the 19121 MLS Area. The building size is 2709 square feet. The property is located within the Philadelphia City School District.

Key Highlights

  • Turnkey triplex in Francisville's development zone
  • Boasting $255,000+ annual Net Operating Income (NOI)
  • Remaining tax abatements (2‑7 years)

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 $69.9k $25.80
− Vacancy −$3.9k −$1.42
EGI $66.0k $24.38
− OpEx −$19.8k −$7.31
NOI $46.2k $17.06
2,709 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$660.4K
$577.9K – $770.5K (±1% cap)
NOI $46,229 @ 7.0% cap · market cap 6.61%
Second Best
Apartment 5plus
$608.7K
$532.6K – $710.2K (±1% cap)
NOI $42,611 @ 7.0% cap · market cap 6.10%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Accounting Firm Kitchen & Bath Showroom Building Supply Dental Office Electrical Service Home Appliance Store (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Triplex - Turnkey triplex in Francisville's development zone with strong income.
Where is this triplex located?
The property is located at 1908 Ingersoll Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Turnkey triplex in Francisville's development zone; Boasting $255,000+ annual Net Operating Income (NOI); Remaining tax abatements (2‑7 years)
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