2337 S 13TH Street, Philadelphia, PA 19148
MULTI_FAMILY - PHILADELPHIA, PA
- Added:
- Mar 27, 2025
- Days on Market:
- 441
- Last Refresh:
- Jun 10 at 11:06 am
Property Features for 2337 S 13TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 4,896 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5291
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1940
- Number of units
- 4
- Building materials
- Masonry
Listing agent Melissa A Impagliazzo License #RS300588 (267) 259-7863
Listing office Mercury Real Estate Group 1328 W Shunk Street, Philadelphia, PA (215) 462-5100
Listing date Mar 27, 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
- Prime Philadelphia location on a visible, double‑wide corner lot across from Methodist Hospital and medical offices.
- Commercially zoned for school use with potential for use change to other businesses or conversion to apartments.
- Expansive 4‑level floor plan with multiple entrances, large rooms, break room space, abundant storage, and 3 restrooms.
- Updated mechanicals and excellent interior cosmetics require minimal additional work.
- Easy access for clients via nearby subway and bus connections.
- Close proximity to Passyunk Square's music, art, and cultural events.
Overview
The property is located on a visible, double-wide corner lot and is described as being across from Methodist Hospital and medical offices. The building is commercially zoned for school use, with a use change required for other business types.
For tenants, buyers, or operators looking for a flexible interior footprint, the combination of multiple entrances, room sizes suitable for open floor plans, and ready-for-occupancy condition supports a range of professional uses that align with the existing school zoning or can accommodate a permitted use change. The property’s configuration also lends itself to businesses that want a reception-first arrival experience and an outdoor patio space for guests.
Local Financial Insights For Office B
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 | $107.5k | $21.96 |
| − Vacancy | −$21.6k | −$4.41 |
| EGI | $85.9k | $17.55 |
| − OpEx | −$21.5k | −$4.39 |
| NOI | $64.4k | $13.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.16809
- Latitude
- 39.92051
