Two-Unit Residential Income
2727 Rhawn Street Philadelphia, PA 19152
For Sale
$315,000
Pending
Two well-kept units offer one vacant first-floor apartment and one occupied second-floor apartment with separate heating and central air.
Property Size1,678 SF
Days on Market154
Property Features for 2727 Rhawn Street
General Information
- Standard status
- Pending
- Size
- 1,678 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1970
Listing Agency:
Dan Real Estate, Inc.
(267) 808-6333
Listed By:
Anatoly J Vinokurov · License #RM422207
(267) 808-6333
Source:
Compass
Added: Feb 21
Changed: Jul 23
Last Checked: Jul 24 at 2:37PM
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 Dan Real Estate, Inc.
Investment Insights
Based on property information with market context.
This two-unit residential income property includes Unit A on the 1st floor and Unit B on the 2nd floor. Unit A is vacant and in clean, move-in-ready condition, with two bedrooms, one full bathroom, a kitchen, and a living room with dining space. Unit A also features a separate heater and central air, and has had upgrades including a water boiler replacement in 2022, newly painted interiors, and new floors.
Unit B is occupied and was inspected by Section 8 in April 2025, with the lease renewed in July 2025 for another year. The unit layout is the same as Unit A, though a wall between the bedrooms was removed by previous owners and can be restored. Unit B is not available for showings, and the tenant requests minimal disturbance.
Showings are available for Unit A, and all questions related to the units and showings should be directed to the contact person, Natalie Bront. Photos are included in the listing.
Unit B is occupied and was inspected by Section 8 in April 2025, with the lease renewed in July 2025 for another year. The unit layout is the same as Unit A, though a wall between the bedrooms was removed by previous owners and can be restored. Unit B is not available for showings, and the tenant requests minimal disturbance.
Showings are available for Unit A, and all questions related to the units and showings should be directed to the contact person, Natalie Bront. Photos are included in the listing.
Key Highlights
- Two‑unit property (Unit A and Unit B) with 1 full bathroom per unit
- Unit A (1st floor) is vacant and move‑in ready with 2 bedrooms, kitchen, and living/dining area
- Unit B (2nd floor) is occupied; Section 8 inspection completed April 2025 and lease renewed July 25, 2025 for another year
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 | $43.3k | $25.80 |
| − Vacancy | −$2.4k | −$1.42 |
| EGI | $40.9k | $24.38 |
| − OpEx | −$12.3k | −$7.31 |
| NOI | $28.6k | $17.06 |
1,678 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$409.1K
$357.9K – $477.3K
NOI $28,635 @ 7.0% cap · market cap 9.09%
Second Best
Apartment 5plus
$377.1K
$329.9K – $439.9K
NOI $26,394 @ 7.0% cap · market cap 8.38%
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
2727 Rhawn St ...
Parking Lot & Garage
Asel Kashani Photography
Wedding Service
PSI INC
Logistics Company
Gm Brow & Lash ...
Hair Salon
FAQs
What type of property is this?
Duplex - Two well-kept units offer one vacant first-floor apartment and one occupied second-floor apartment with separate heating and central air.
Where is this duplex located?
The property is located at 2727 Rhawn Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑unit property (Unit A and Unit B) with 1 full bathroom per unit; Unit A (1st floor) is vacant and move‑in ready with 2 bedrooms, kitchen, and living/dining area; Unit B (2nd floor) is occupied; Section 8 inspection completed April 2025 and lease renewed July 25, 2025 for another year
