Triplex with Oversized
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
(610) 647-8300
Listed by
Alexander Taggart Penn · License #RS352834
(610) 937-7122
Added: Jul 22 Checked: Jul 22 at 8:06PM
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.
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
NOI $21,839 @ 7.0% cap · market cap 5.53%
Second Best
Warehouse
$294.6K
$257.8K – $343.7K
NOI $20,621 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$481.6K
$421.4K – $561.8K
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
Similar For Sale Nearby
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
