Fully Renovated Multifamily
2026 N 8TH Street Philadelphia, PA 19122
New
2026 N 8TH Street, Philadelphia, PA, 19122
$565,000
For Sale
$565,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size2,022 SF
Lot Size0.04 Acres
Price / SF$279.43
Days on Market2
Property Features for 2026 N 8TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,022 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7684
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1915
- Number of units
- 1
- Building materials
- Masonry
- Architectural style
- Other
Listing Agency
Coldwell Banker Realty
(215) 923-7600
325 Chestnut Street unit: 1300, Plymouth Meeting, PA
Listed by
Kristie L Bergey · License #AB068769
(215) 783-3434
Added: Jul 17 Checked: Jul 18 at 8:06 am
MLS# PAPH2642366
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This turnkey multifamily property offers a fully renovated interior with six bedrooms and six bathrooms. The layout is designed around roommate-style living, with open-concept living spaces and modern finishes throughout. Kitchen updates include stainless steel appliances, and the home is equipped with central air conditioning and in-unit laundry.
Located at 2026 N 8TH Street in Philadelphia (19122), the property is described as being near Temple University and the Temple Regional Rail Station, with convenient access to SEPTA transit, shopping, dining, and neighborhood amenities.
A key financing feature is an assumable 2.5% loan, subject to lender approval and buyer qualification.
Located at 2026 N 8TH Street in Philadelphia (19122), the property is described as being near Temple University and the Temple Regional Rail Station, with convenient access to SEPTA transit, shopping, dining, and neighborhood amenities.
A key financing feature is an assumable 2.5% loan, subject to lender approval and buyer qualification.
Key Highlights
- Fully renovated multifamily with 6 bedrooms and 6 bathrooms
- Assumable loan at 2.5% interest (subject to lender approval and buyer qualification)
- Central air and forced air heating
Local 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 | $61.4k | $30.36 |
| − Vacancy | −$3.6k | −$1.76 |
| EGI | $57.8k | $28.60 |
| − OpEx | −$26.0k | −$12.87 |
| NOI | $31.8k | $15.73 |
2,022 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$454.4K
$397.6K – $530.1K
NOI $31,805 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$492.9K
$431.3K – $575.1K
NOI $34,505 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Turnkey 6-bedroom/6-bath multifamily with central air and in-unit laundry; includes assumable 2.5% loan (subject to approval).
Where is this apartment building located?
The property is located at 2026 N 8TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Fully renovated multifamily with 6 bedrooms and 6 bathrooms; Assumable loan at 2.5% interest (subject to lender approval and buyer qualification); Central air and forced air heating
