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Triplex with Oversized Garage

301 W RUSCOMB Street Philadelphia, PA 19120

New
301 W RUSCOMB Street, Philadelphia, PA, 19120
$395,000
For Sale
$395,000

MULTI_FAMILY - PHILADELPHIA, PA

Property Size2,016 SF
Lot Size0.04 Acres
Price / SF$195.93
Days on Market1

Property Features for 301 W RUSCOMB Street

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking
10
Parking features
On Street, Garage - Attached
Standard status
Active
Size
2,016 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
2865

Utilities

Heating system
Forced Air
Cooling system
Central Air

Building Details

Year built
1930
Number of units
4
Building materials
Masonry
Listing agency Keller Williams Realty Devon-Wayne
Listed by Alexander Taggart Penn · License #RS352834
Added: Jul 22 Checked: Jul 22 at 10:06PM
MLS# PAPH2651002

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.

301 W. Ruscomb is a three-unit triplex with all units currently vacant and ready for an owner to set rents and tenants. The property includes two 2-bedroom, 1-bath units and one studio unit, and each unit has separate utility meters for simplified management.

The standout improvement is an oversized attached garage/warehouse space with room for 10+ vehicles. Recent renovations include new windows, new kitchen cabinets, quartz countertops, stainless steel appliances, new bathrooms, new flooring, recessed lighting, new heating systems, new water heaters, and central air conditioning.

The listing provides estimated monthly rental income of $1,250 for each 2-bedroom unit, $900 for the studio, and approximately $1,500 for the oversized garage/warehouse, for an estimated total of about $4,900 per month.

Key Highlights

  • Three vacant residential units at 301 W. Ruscomb—set your own rents or occupy one unit while earning income from the others
  • Oversized attached garage/warehouse with estimated capacity for 10+ vehicles, with estimated monthly rental income of about $1,500
  • Recent renovations include new windows, new kitchen cabinets, quartz countertops, stainless steel appliances, new bathrooms, new flooring, recessed lighting, new heating systems, new water heaters, and central air

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 $33.6k $16.68
− Vacancy −$2.4k −$1.20
EGI $31.2k $15.48
− OpEx −$9.4k −$4.64
NOI $21.8k $10.83
2,016 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$312.0K
$273.0K – $364.0K (±1% cap)
NOI $21,839 @ 7.0% cap · market cap 5.53%
Second Best
Warehouse
$294.6K
$257.8K – $343.7K (±1% cap)
NOI $20,621 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$481.6K
$421.4K – $561.8K (±1% cap)
NOI $33,710 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three vacant residential units plus an oversized attached garage/warehouse with capacity for 10+ vehicles.
Where is this triplex located?
The property is located at 301 W RUSCOMB Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Three vacant residential units at 301 W. Ruscomb—set your own rents or occupy one unit while earning income from the others; Oversized attached garage/warehouse with estimated capacity for 10+ vehicles, with estimated monthly rental income of about $1,500; Recent renovations include new windows, new kitchen cabinets, quartz countertops, stainless steel appliances, new bathrooms, new flooring, recessed lighting, new heating systems, new water heaters, and central air
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