2520 S ISEMINGER Street Philadelphia, PA 19148
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Features for 2520 S ISEMINGER Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Appliances
- Oven/Range - Gas, Refrigerator, Exhaust Fan, Washer, Washer/Dryer Stacked, Dryer
- Standard status
- Active
- Size
- 1,400 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4090
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Michael Scipione License #RS324251 (215) 768-7533
Listing office Coldwell Banker Realty 325 Chestnut Street unit: 1300, Plymouth Meeting, PA (215) 923-7600
Listing date Jul 8, 2026
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.
Investment Insights
Based on property information with market context.
Located in South Philadelphia on a corner lot, the property is steps from Broad Street at 2520 S Iseminger Street.
Both units are currently tenant-occupied, offering an income-producing setup with each residence configured for independent access and separate utility metering.
Key Highlights
- Duplex at 2520 S. Iseminger Street with two tenant‑occupied 1‑bedroom units
- Previously fully gut‑renovated from top to bottom; masonry construction; built in 1920
- Hardwood flooring throughout both units, with spacious living areas and bedrooms
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 | $36.1k | $25.80 |
| − Vacancy | −$2.0k | −$1.42 |
| EGI | $34.1k | $24.38 |
| − OpEx | −$10.2k | −$7.31 |
| NOI | $23.9k | $17.06 |
