Three-Story
For Sale
$320,000
2001 S 6TH STREET S, Philadelphia, PA 19148
Two separately metered units offer flexible layouts across three levels with residential zoning shown as CMX1.
Property Size1,680 SF
Days on Market93
Property Features for 2001 S 6TH STREET S
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Duplex
Zoning
CMX1
Site & Location
Neighborhood
Kensington
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,504
Building Details
Building Size
1,680 SF
Year Built
1920
Buildings
1
Stories
3
Listing Agency:
Philly Real Estate
Listed By:
Emily L Chan · License #RS300470
(215) 888-8310
Source:
Patmckennarealtors
Added: Jul 24
Changed: Oct 21
Last Checked: Oct 23 at 2:38PM
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 Philly Real Estate
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Investment Insights
Based on property information with market context.
This three-story duplex contains two separately metered units with distinct entrances and no gas service. The first-floor unit includes one large bedroom, a living room, eat-in kitchen, and full bathroom, with access from both the front and rear. The second unit extends across the second and third floors, featuring a living room facing 6th Street, eat-in kitchen, storage room, three bedrooms, and two full bathrooms. Hardwood and laminate flooring run throughout, and each unit has an electric cooking stove.
Built in 1920, the corner building is located at 2001 S 6TH STREET S in Philadelphia, PA 19148. The property information identifies current zoning as CMX1 and the city record classifies it as residential. Public transportation and shopping are described as convenient to the property. The building is offered in as-is condition.
Built in 1920, the corner building is located at 2001 S 6TH STREET S in Philadelphia, PA 19148. The property information identifies current zoning as CMX1 and the city record classifies it as residential. Public transportation and shopping are described as convenient to the property. The building is offered in as-is condition.
Key Highlights
- Two‑unit duplex with 4 bedrooms and 2 bathrooms
- First‑floor unit has front and rear entrances
- Second unit spans the second and third floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,669
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,380
$573.4K
Cap Rate 7%
$409,557
$409.6K
Cap Rate 9%
$318,544
$318.5K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$43.3K $25.80/SF
− Vacancy
−$2.4K −$1.42/SF
EGI
$41.0K $24.38/SF
− OpEx
−$12.3K −$7.31/SF
NOI
$28.7K $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%
$573,380
Cap Rate 7%
$409,557
Cap Rate 9%
$318,544
Alternative Uses
Best Use
Multifamily LT 5
$409.6K
$358.4K – $477.8K
NOI $28,669 @ 7.0% cap · market cap 8.96%
Second Best
Apartment 5plus
$377.5K
$330.3K – $440.4K
NOI $26,426 @ 7.0% cap · market cap 8.26%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,067
Businesses Nearby
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Business Placement
Demographics for 19148, PA
53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered units offer flexible layouts across three levels with residential zoning shown as CMX1.
Where is this duplex located?
The property is located at 2001 S 6TH STREET S Philadelphia, PA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two‑unit duplex with 4 bedrooms and 2 bathrooms; First‑floor unit has front and rear entrances; Second unit spans the second and third floors
