Turnkey Duplex Investment
2014 North 20th Street Philadelphia, PA 19121
For Sale
$449,999
Built in 2015, this turnkey duplex offers two bi-level units with 4 bedrooms and 3 full baths each.
Property Size2,462 SF
Price / SF$182.78
Days on Market149
Property Features for 2014 North 20th Street
General Information
- Standard status
- Active
- Size
- 2,462 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 2015
Listing Agency:
Real of Pennsylvania
(484) 744-4053
Listed By:
William Holder · License #AB069692
(484) 744-4053
Source:
Compass
Added: Feb 25
Changed: Jul 22
Last Checked: Jul 24 at 12:05PM
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 Real of Pennsylvania
Investment Insights
Based on property information with market context.
This turnkey duplex was built in 2015 and provides two bi-level residential units. Each unit is configured with four bedrooms and three full bathrooms, along with open living and dining areas. Interiors include hardwood flooring and recessed lighting, and each unit features its own kitchen with granite countertops, stainless steel appliances, and updated cabinetry. Additional in-unit convenience includes a full laundry room, as well as central air and heat.
The first-floor unit includes a bonus living area/den and walk-out access to the basement. The property also includes a private yard.
The home is offered for sale in the Philadelphia market within the Philadelphia City School District.
The first-floor unit includes a bonus living area/den and walk-out access to the basement. The property also includes a private yard.
The home is offered for sale in the Philadelphia market within the Philadelphia City School District.
Key Highlights
- Built in 2015 duplex featuring 2 bi‑level units, each with 4 bedrooms and 3 full bathrooms
- Each unit includes built‑in microwave, disposal, and energy efficient appliances
- Combination dining/living layout with recessed lighting and hardwood flooring
Financial Insights For Apartment 5plus
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 | $74.7k | $30.36 |
| − Vacancy | −$4.3k | −$1.76 |
| EGI | $70.4k | $28.60 |
| − OpEx | −$31.7k | −$12.87 |
| NOI | $38.7k | $15.73 |
2,462 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$600.2K
$525.2K – $700.2K
NOI $42,014 @ 7.0% cap · market cap 9.34%
Second Best
Apartment 5plus
$553.2K
$484.1K – $645.4K
NOI $38,726 @ 7.0% cap · market cap 8.61%
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
Duplexes
FAQs
What type of property is this?
Duplex - Built in 2015, this turnkey duplex offers two bi-level units with 4 bedrooms and 3 full baths each.
Where is this duplex located?
The property is located at 2014 North 20th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: Built in 2015 duplex featuring 2 bi‑level units, each with 4 bedrooms and 3 full bathrooms; Each unit includes built‑in microwave, disposal, and energy efficient appliances; Combination dining/living layout with recessed lighting and hardwood flooring
