2122 West Estaugh Street, Philadelphia, PA 19140
Three updated legal units plus a finished bonus unit requiring legalization, offering flexibility for income-focused ownership.
- Added:
- May 25, 2026
- Days on Market:
- 23
- Last Refresh:
- Jun 6 at 3:35 am
Property Features for 2122 West Estaugh Street
General Information
- Standard status
- Active
- Size
- 1,446 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1939
Listing agent Kevin M McGettigan License #RS326539 (856) 347-0434
Listing office OCF Realty LLC - Philadelphia (856) 347-0434
Listing date May 25, 2026
Source Compass
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 OCF Realty LLC - Philadelphia
HighLights
- Multifamily with 3 legal, updated units: 2 studios and 1 one bed, 1 bath unit
- Includes a finished bonus unit that requires legalization
- Year built: 1939
- Located near Broad Street and Temple Health, with proximity to Roosevelt Blvd and key bus routes
- Can be purchased individually or as part of a three‑property, 14‑unit package including 3521 N 21st St and 1729 W Erie Ave
Overview
The location is described as well-positioned near Broad Street and Temple Health, with close proximity to transit, Roosevelt Boulevard, neighborhood retail, and key bus routes. The surrounding access to public transportation and nearby neighborhood services supports practical day-to-day tenant convenience.
For buyers seeking a small multifamily with current, in-place rental operations, the three legal units provide an immediate rental foundation. The presence of the finished bonus unit also creates a potential path to add another legalized unit by completing the required legalization steps. The property is available for sale individually, or as part of a three-property package totaling 14 units, with additional financial information available upon request.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.1641797
- Latitude
- 40.0067888
