3217 Turner Street Philadelphia, PA 19121
Rented triplex with parking and roof deck in Philadelphia.
Property Features for 3217 Turner Street
General Information
- Standard status
- Active
- Size
- 1,752 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing office Redfin Corporation (267) 980-1180
Listing date Aug 30, 2025
Source Compass
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 Redfin Corporation
Investment Insights
Based on property information with market context.
Key Highlights
- Fully rented triplex providing immediate rental income.
- Off‑street parking for 2 vehicles.
- Three 2‑bedroom units.
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 | $45.2k | $25.80 |
| − Vacancy | −$2.5k | −$1.42 |
| EGI | $42.7k | $24.38 |
| − OpEx | −$12.8k | −$7.31 |
| NOI | $29.9k | $17.06 |
