2065 GRANITE Street, Philadelphia, PA 19124
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Mar 23, 2025
- Days on Market:
- 474
- Last Refresh:
- Jul 9 at 11:06 am
Property Features for 2065 GRANITE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,528 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2536
Utilities
- Heating system
- Baseboard, Electric (Heating)
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1940
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Gregory Knight License #RM422612 (267) 298-7100
Listing office The People's Choice Real Estate 2424 E York Street unit: 232, Philadelphia, PA (215) 698-7400
Listing date Mar 23, 2025
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.
HighLights
- Corner property with on‑street parking
- Masonry construction
- Year built: 1940
- Heating: electric with baseboard
- Cooling: wall unit(s)
Overview
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 | $30.3k | $19.80 |
| − Vacancy | −$2.1k | −$1.39 |
| EGI | $28.1k | $18.41 |
| − OpEx | −$8.4k | −$5.52 |
| NOI | $19.7k | $12.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.0714
- Latitude
- 40.01434