Three-Unit Residential Income
236 Buckingham Pl Philadelphia, PA 19104
For Sale
$650,000
Three-unit multifamily building with 1,890 SF built in 1915, zoned RSA3 for residential income use.
Property Size1,890 SF
Price / SF$343.92
Days on Market29
Property Features for 236 Buckingham Pl
General Information
- Standard status
- Active
- Size
- 1,890 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1915
Listing Agency:
Mallin Panchelli Nadel Realty Inc
(267) 546-1718
Listed By:
Nadia Bilynsky · License #RS311101
Source:
Mpnrealty
Added: Jun 25
Changed: Jul 21
Last Checked: Jul 23 at 5:43AM
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 Mallin Panchelli Nadel Realty Inc
Investment Insights
Based on property information with market context.
This three-unit residential income property features a 1,890 SF building constructed in 1915. The multifamily configuration includes three separate units within the existing structure.
The property is listed for sale and located in Philadelphia, Pennsylvania. It is zoned RSA3, which supports residential use under the current zoning designation.
As a smaller income property, the building’s established unit count and historical construction date may appeal to investors seeking a straightforward multifamily holding within an RSA3-zoned setting.
The property is listed for sale and located in Philadelphia, Pennsylvania. It is zoned RSA3, which supports residential use under the current zoning designation.
As a smaller income property, the building’s established unit count and historical construction date may appeal to investors seeking a straightforward multifamily holding within an RSA3-zoned setting.
Key Highlights
- Three‑unit multifamily building with 1,890 SF, built in 1915
- Zoned RSA3 for residential income use
- Multifamily/mid‑rise investor asset located in the heart of Philadelphia
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 | $48.8k | $25.80 |
| − Vacancy | −$2.7k | −$1.42 |
| EGI | $46.1k | $24.38 |
| − OpEx | −$13.8k | −$7.31 |
| NOI | $32.3k | $17.06 |
1,890 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$460.8K
$403.2K – $537.6K
NOI $32,253 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$424.7K
$371.6K – $495.5K
NOI $29,729 @ 7.0% cap · market cap 4.57%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three-unit multifamily building with 1,890 SF built in 1915, zoned RSA3 for residential income use.
Where is this triplex located?
The property is located at 236 Buckingham Pl Philadelphia, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three‑unit multifamily building with 1,890 SF, built in 1915; Zoned RSA3 for residential income use; Multifamily/mid‑rise investor asset located in the heart of Philadelphia
