Three-Unit Triplex with Shared
New
For Sale
$550,000
2201 E HUNTINGDON ST, Philadelphia, PA 19125
Three one-bedroom apartments are complemented by common laundry and a shared patio.
Property Size2,025 SF
Price / SF$271.60
Days on Market2
Property Features for 2201 E HUNTINGDON ST
General Information
Standard status
Active
Size
2,025 SF
Property subtype
Multi-family
Occupancy
100%
Site & Location
Neighborhood
Kensington
Public Transit
Yes
Units
Unit Mix
3 x 1BR/1BA
Multifamily Units
3
Additional Details
Tenant in Place
Yes
Amenities
shared laundry
outdoor patio
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
RE/MAX Main Line - West Chester
(610) 692-2228
Listed By:
Thomas Toole III · License #RS228901
(610) 692-6976
Source:
Keygroupmd
Added: Oct 30
Last Checked: Oct 30 at 2:57PM
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 RE/MAX Main Line - West Chester
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Investment Insights
Based on property information with market context.
This Philadelphia triplex contains three separate apartments, each configured with one bedroom and one full bathroom. The kitchens have stainless steel appliances, and unit layouts include open living areas as well as separate bedrooms. One apartment has an open kitchen and living room, while another places the kitchen near the entry; the third includes a combined living and dining area. A shared laundry room is located on the first level, with access to a common patio.
The building is fully leased, with all three apartments on month-to-month terms. Its corner-lot setting is in Philadelphia, near restaurants, cafes, entertainment, public transportation, and everyday amenities.
The building is fully leased, with all three apartments on month-to-month terms. Its corner-lot setting is in Philadelphia, near restaurants, cafes, entertainment, public transportation, and everyday amenities.
Key Highlights
- Three 1‑bedroom, 1‑bathroom apartments
- 2,025‑square‑foot triplex
- Fully leased; all tenants have month‑to‑month leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,556
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,120
$691.1K
Cap Rate 7%
$493,657
$493.7K
Cap Rate 9%
$383,956
$384.0K
Market Conditions
NOI Build-Up for 2,025 SF
Gross rent
$52.2K $25.80/SF
− Vacancy
−$2.9K −$1.42/SF
EGI
$49.4K $24.38/SF
− OpEx
−$14.8K −$7.31/SF
NOI
$34.6K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,120
Cap Rate 7%
$493,657
Cap Rate 9%
$383,956
Alternative Uses
Best Use
Multifamily LT 5
$493.7K
$432.0K – $575.9K
NOI $34,556 @ 7.0% cap · market cap 6.28%
Second Best
Apartment 5plus
$455.0K
$398.2K – $530.9K
NOI $31,852 @ 7.0% cap · market cap 5.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,125
Businesses Nearby
Explore this area
Business Placement
Demographics for 19125, PA
25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three one-bedroom apartments are complemented by common laundry and a shared patio.
Where is this triplex located?
The property is located at 2201 E HUNTINGDON ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three 1‑bedroom, 1‑bathroom apartments; 2,025‑square‑foot triplex; Fully leased; all tenants have month‑to‑month leases
