For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    New Construction Point Breeze Duplex Title is generated by Realmo AI

    1922 S LAMBERT ST, Philadelphia, PA 19145

    View on Map
    Claim this Listing
    For Sale
    $510,000

    Newly constructed duplex in Point Breeze with modern amenities and city views.

    Type:Duplex
    Property size:
    1,785 SF
    Price / SF:
    $285/SF
    Added:
    Dec 1, 2023
    Days on Market:
    951
    Last Refresh:
    May 19 at 9:08 pm

    Property Features for 1922 S LAMBERT ST

    General Information

    Standard status
    Active
    Size
    1,785 SF
    Property subtype
    Duplex

    Building Details

    Year Built
    2019

    We can help!

    Contact an agent
    Elan Elkaim

    Listing office KW Empower

    Listing date Dec 1, 2023

    Source Kw

    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

    HighLights

    • New Construction Duplex in Point Breeze with Tax Abatement
    • Two Bi‑Level Units, Each with 3 Bedrooms and 2 Bathrooms
    • In‑Unit Washer/Dryers, Open Concept Living, and Modern Kitchens with Granite Countertops and Stainless Steel Appliances
    • One Unit Features a Private Roof Deck with City Views, the Other a Private Backyard
    • Smart Home Features: Built‑in Surround Sound, Smart Thermostat, and Security System
    • Convenient Location: Walkable to Restaurants, Cafes, Parks, Grocery Stores, and Easy Access to Transit and Highways

    Overview

    This newly constructed duplex is located at 1922 S Lambert in the Point Breeze neighborhood of Philadelphia. The property features two bi-level units, each with 3 bedrooms and 2 bathrooms. Each unit includes in-unit washer/dryers, open concept living/dining spaces, and kitchens equipped with granite countertops and stainless steel appliances. Modern extras include a built-in surround sound speaker system, a smart thermostat, and a security system. One unit offers a private roof deck with city skyline views, while the other features a spacious private backyard. The property is located near restaurants, cafes, breweries, Smith Playground, and Girard Park. Shopping options such as Aldi and Acme, and retailers like Home Depot, Staples, and BJ’s are also nearby. The location provides convenient access to transit options and highways 76 & 95, the sports complex, and the airport. The property size is 1785 square feet. This duplex is suitable for both homeowners and investors.

    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 $46.1k $25.80
    − Vacancy −$2.5k −$1.42
    EGI $43.5k $24.38
    − OpEx −$13.1k −$7.31
    NOI $30.5k $17.06
    1,785 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $435.2K
    $380.8K – $507.7K (±1% cap)
    NOI $30,461 @ 7.0% cap · market cap 5.97%
    Second Best
    Apartment 5plus
    $401.1K
    $351.0K – $468.0K (±1% cap)
    NOI $28,077 @ 7.0% cap · market cap 5.51%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage Tech Support Center Travel Agency (Bike/Boat/Book/etc) Store Electrical Service Nursing Home Acupuncture Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.1803
    Latitude
    39.9277

    FAQs

    What type of property is this?
    Duplex - Newly constructed duplex in Point Breeze with modern amenities and city views.
    Where is this duplex located?
    The property is located at 1922 S LAMBERT ST Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $510,000.
    What are key features of this property?
    This property features: New Construction Duplex in Point Breeze with Tax Abatement; Two Bi‑Level Units, Each with 3 Bedrooms and 2 Bathrooms; **In‑Unit Washer/Dryers, Open Concept Living, and Modern Kitchens with Granite Countertops and Stainless Steel Appliances**
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message