2122 W ESTAUGH Street Philadelphia, PA 19140
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- May 29, 2026
- Days on Market:
- 46
- Last Refresh:
- Jul 13 at 4:06 am
Property Features for 2122 W ESTAUGH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,446 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1409
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1939
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Kevin M McGettigan License #RS326539 (856) 347-0434
Listing office OCF Realty LLC - Philadelphia 1936 Washington Avenue, Philadelphia, PA (215) 735-7368
Listing date May 29, 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.
Located in Philadelphia, the property is described as well-positioned near Broad Street and Temple Health. It also offers proximity to transit, Roosevelt Boulevard, neighborhood retail, and key bus routes.
The unit mix supports a tenant base that can accommodate both studio and one-bedroom needs within the same building. For buyers evaluating value-add through the finished bonus unit, the current status and legalization requirement are central to underwriting. Financial information is available upon request, and the property may be purchased individually or as part of a three-property, 14-unit package that includes 3521 N 21st St and 1729 W Erie Ave.
Key Highlights
- Steady in‑place income from 3 legal, updated units.
- Opportunity to increase gross rent by legalizing the finished "bonus unit."
- Excellent location near Broad Street and Temple Health.
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 | $37.3k | $25.80 |
| − Vacancy | −$2.1k | −$1.42 |
| EGI | $35.3k | $24.38 |
| − OpEx | −$10.6k | −$7.31 |
| NOI | $24.7k | $17.06 |
