Fully Renovated Walk-Up
2410 Nicholas Street Philadelphia, PA 19121
For Sale
$449,900
Fully renovated walk-up duplex with two independently arranged units, including multiple bedrooms, full baths, and outdoor patio space.
Property Size2,056 SF
Price / SF$218.82
Days on Market96
Property Features for 2410 Nicholas Street
General Information
- Standard status
- Active
- Size
- 2,056 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing Agency:
Compass
(215) 738-5737
Listed By:
Scott Frith · License #RS342476
(215) 738-5737
Source:
Compass
Added: Apr 20
Changed: Jul 23
Last Checked: Jul 23 at 3:15PM
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 Compass
Investment Insights
Based on property information with market context.
This fully renovated walk-up duplex presents an updated interior across two units with elevated finishes and several custom features. The upstairs unit offers three bedrooms and three full baths, including custom-built closets and enhanced primary bedroom elements such as an accent wall and pendant lighting, along with detailed bathroom finishes throughout. The lower unit includes high ceilings, a main level bedroom, an oversized rear patio, and an additional basement bedroom suite for extra living space.
The property is located in Philadelphia County, with convenient access described to Center City Philadelphia, SEPTA transit, and Temple University.
For buyers seeking a turnkey residential income property or an owner-occupant setup, this duplex’s renovated layout and distinct unit configurations provide a flexible way to capture rental income potential while maintaining room for personal use.
The property is located in Philadelphia County, with convenient access described to Center City Philadelphia, SEPTA transit, and Temple University.
For buyers seeking a turnkey residential income property or an owner-occupant setup, this duplex’s renovated layout and distinct unit configurations provide a flexible way to capture rental income potential while maintaining room for personal use.
Key Highlights
- Fully renovated walk‑up duplex with two independently arranged units
- Upstairs unit offers 3 bedrooms and 3 full baths
- Lower unit features high ceilings, a main level bedroom, and a basement bedroom suite
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 | $53.0k | $25.80 |
| − Vacancy | −$2.9k | −$1.42 |
| EGI | $50.1k | $24.38 |
| − OpEx | −$15.0k | −$7.31 |
| NOI | $35.1k | $17.06 |
2,056 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$501.2K
$438.6K – $584.8K
NOI $35,085 @ 7.0% cap · market cap 7.80%
Second Best
Apartment 5plus
$462.0K
$404.3K – $539.0K
NOI $32,340 @ 7.0% cap · market cap 7.19%
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
Duplexes
FAQs
What type of property is this?
Duplex - Fully renovated walk-up duplex with two independently arranged units, including multiple bedrooms, full baths, and outdoor patio space.
Where is this duplex located?
The property is located at 2410 Nicholas Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Fully renovated walk‑up duplex with two independently arranged units; Upstairs unit offers 3 bedrooms and 3 full baths; Lower unit features high ceilings, a main level bedroom, and a basement bedroom suite
