Corner Office and Apartment
2555 S JESSUP STREET Philadelphia, PA 19148
2555 S JESSUP STREET, Philadelphia, PA, 19148
$465,000
For Sale
$465,000
Triplex offers a corner office on the first floor plus two residential units with central air.
Property Size1,504 SF
Price / SF$309.18
Days on Market9
Property Features for 2555 S JESSUP STREET
General Information
- Standard status
- Active
- Size
- 1,504 SF
- Property subtype
- Triplex
Building Details
- Year Built
- 1925
Listing Agency
Anchor Commercial Development LLC
(215) 389-2280
Listed by
Yvonne Hu · License #RM419525
(215) 389-2280
Source
Cummingsrealtors
Added: Jul 10 Checked: Jul 18 at 2:50 am
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 Anchor Commercial Development LLC
Investment Insights
Based on property information with market context.
This versatile triplex includes three separate units: a studio apartment on the first floor to lower level, a one-bedroom apartment on the second floor, and a dedicated corner first-floor office space. The building provides abundant natural light throughout and includes central air systems throughout the property.
The property sits at the intersection of Shunk St and S Jessup St, with convenient access to shopping, dining, transportation, and major roadways. A single private drive-in garage provides parking for the building.
Designed to support multiple uses, the layout allows for a combination of residential income and a dedicated office space within the same corner building.
The property sits at the intersection of Shunk St and S Jessup St, with convenient access to shopping, dining, transportation, and major roadways. A single private drive-in garage provides parking for the building.
Designed to support multiple uses, the layout allows for a combination of residential income and a dedicated office space within the same corner building.
Key Highlights
- 1925‑built triplex at the corner of Shunk St and S Jessup St with an office and two residential units
- Unit mix includes a first‑floor to lower‑level studio apartment, a second‑floor one‑bedroom apartment, and a dedicated corner first‑floor office
- Abundant natural light throughout the building
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 | $38.8k | $25.80 |
| − Vacancy | −$2.1k | −$1.42 |
| EGI | $36.7k | $24.38 |
| − OpEx | −$11.0k | −$7.31 |
| NOI | $25.7k | $17.06 |
1,504 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$366.7K
$320.8K – $427.8K
NOI $25,666 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$338.0K
$295.7K – $394.3K
NOI $23,657 @ 7.0% cap · market cap 5.09%
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
WholeHearted HomeCare
Home Health Care Service
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex offers a corner office on the first floor plus two residential units with central air.
Where is this triplex located?
The property is located at 2555 S JESSUP STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 1925‑built triplex at the corner of Shunk St and S Jessup St with an office and two residential units; Unit mix includes a first‑floor to lower‑level studio apartment, a second‑floor one‑bedroom apartment, and a dedicated corner first‑floor office; Abundant natural light throughout the building
