Renovated Duplex with Basement
For Sale
$179,999
269 W WINGOHOCKING STREET, Philadelphia, PA 19140
Renovated 4-bedroom, 2-bath home with a separately accessible basement apartment for flexible living or rental income.
Property Size992 SF
Price / SF$181.45
Days on Market13
Property Features for 269 W WINGOHOCKING STREET
General Information
Standard status
Active
Size
992 SF
Property subtype
Duplex
Building Details
Year Built
1935
Listing Agency:
Keller Williams Main Line
(610) 469-4860
Listed By:
Zack Porrini · License #RS369580
(610) 469-4860
Source:
Cummingsrealtors
Added: Jul 19
Changed: Jul 25
Last Checked: Jul 31 at 5:36AM
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 Keller Williams Main Line
Investment Insights
Based on property information with market context.
Renovated 4-bedroom, 2-bath home offering a separately accessible basement apartment. The main living area includes three bedrooms and an updated kitchen with modern finishes, designed for comfortable everyday living. The lower-level apartment provides independent access and privacy, supporting multiple occupants or an owner-occupant strategy where additional space can be rented.
The property is located at 269 W WINGOHOCKING STREET, PHILADELPHIA, PA 19140, and is described as conveniently near public transportation, major roadways, shopping, and neighborhood amenities.
The current income expectations are based on projected market rents of approximately $2,400 per month, with the buyer to verify. This configuration can suit both investors seeking multiple income streams and owner-occupants looking to offset housing costs through rental of the lower-level unit.
The property is located at 269 W WINGOHOCKING STREET, PHILADELPHIA, PA 19140, and is described as conveniently near public transportation, major roadways, shopping, and neighborhood amenities.
The current income expectations are based on projected market rents of approximately $2,400 per month, with the buyer to verify. This configuration can suit both investors seeking multiple income streams and owner-occupants looking to offset housing costs through rental of the lower-level unit.
Key Highlights
- Renovated 4‑bedroom, 2‑bath home with a separately accessible basement apartment
- Main level includes three bedrooms and an updated kitchen
- Separately accessible lower‑level unit can support tenant, extended‑family, or guest privacy
Financial Insights For Apartment 5plus
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 | $30.1k | $30.36 |
| − Vacancy | −$1.7k | −$1.76 |
| EGI | $28.4k | $28.60 |
| − OpEx | −$12.8k | −$12.87 |
| NOI | $15.6k | $15.73 |
992 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$241.8K
$211.6K – $282.1K
NOI $16,928 @ 7.0% cap · market cap 9.40%
Second Best
Apartment 5plus
$222.9K
$195.1K – $260.1K
NOI $15,604 @ 7.0% cap · market cap 8.67%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,525
Businesses Nearby
Explore this area
Business Placement
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Renovated 4-bedroom, 2-bath home with a separately accessible basement apartment for flexible living or rental income.
Where is this duplex located?
The property is located at 269 W WINGOHOCKING STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $179,999.
What are key features of this property?
This property features: Renovated 4‑bedroom, 2‑bath home with a separately accessible basement apartment; Main level includes three bedrooms and an updated kitchen; Separately accessible lower‑level unit can support tenant, extended‑family, or guest privacy
