211 S 45TH Street Philadelphia, PA 19104
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Jul 2, 2026
- Days on Market:
- 13
- Last Refresh:
- Jul 14 at 6:06 am
Property Features for 211 S 45TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Appliances
- Dryer, Washer
- Standard status
- Active
- Size
- 2,474 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10570
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1935
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Nadia T Bilynsky License #RS311101 (215) 413-4900
Listing office Mallin Panchelli Nadel Realty Inc 1601 Walnut Street unit: 900, Philadelphia, PA (215) 413-4900
Listing date Jul 2, 2026
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.
The property is located at 211 S 45TH Street in Philadelphia’s University City area, specifically described as the Spruce Hill section. The seller also owns other properties in the direct vicinity and is offering this asset as part of a package.
For buyers looking for a small, manageable multifamily format, the mix of unit sizes may support a range of tenant needs across the three units. The seller has a rental license for two units, and buyers should note this licensing detail when assessing leasing and occupancy plans. The current gross rental income is reported as $60,900 per year, providing a documented snapshot of income expectations.
Key Highlights
- 3‑unit investment property with two 2 bed / 1 bath units and one 3 bed / 2 bath unit
- Self‑contained units; seller reports current gross rental income of $60,900 per year
- Year built 1935 with masonry construction
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 | $63.8k | $25.80 |
| − Vacancy | −$3.5k | −$1.42 |
| EGI | $60.3k | $24.38 |
| − OpEx | −$18.1k | −$7.31 |
| NOI | $42.2k | $17.06 |
