Renovated Duplex with Separate
343 N 60TH Street Philadelphia, PA 19139
New
For Sale
$299,900
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,510 SF
Lot Size0.02 Acres
Price / SF$198.61
Days on Market7
Property Features for 343 N 60TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Appliances
- Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Hookups Only
- Standard status
- Active
- Size
- 1,510 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2018
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1915
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing Agency:
Common Ground Realtors
(215) 222-2300
Listed By:
Karmen N Fails · License #AB069739
(215) 987-6625
Added: Jul 17
Last Checked: Jul 23 at 11:06PM
MLS# PAPH2647744
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.
Located at 343 N 60TH Street, this newly renovated duplex is presented as turnkey and ready to generate income. The two apartments are completely separated in electric utility and mechanicals, and the design avoids the need to access the first-floor basement to service the second floor. Entry is through a main door with a motion-sensor light in the foyer. The first-floor layout includes an open floor plan with a living room and peninsula kitchen, a laundry hookup, and a bathroom. A finished basement adds additional functional space and includes a half bathroom, along with a small back area.
The second-floor apartment features a practical kitchen, a washer/dryer hookup, and a bathroom with an operable skylight. This unit also has a more spacious bedroom.
The seller’s remarks include estimated rents of $1,750 for the first-floor unit and $1,300 for the second-floor unit, along with a mortgage rate document provided by Revolution Mortgage attached to the listing.
The second-floor apartment features a practical kitchen, a washer/dryer hookup, and a bathroom with an operable skylight. This unit also has a more spacious bedroom.
The seller’s remarks include estimated rents of $1,750 for the first-floor unit and $1,300 for the second-floor unit, along with a mortgage rate document provided by Revolution Mortgage attached to the listing.
Key Highlights
- Duplex built in 1915 with two completely separated apartments in electric utility and mechanicals
- Forced‑air heating with central air cooling
- Appliances include stainless steel set: refrigerator, dishwasher, built‑in microwave, and electric oven/range
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 | $39.0k | $25.80 |
| − Vacancy | −$2.1k | −$1.42 |
| EGI | $36.8k | $24.38 |
| − OpEx | −$11.0k | −$7.31 |
| NOI | $25.8k | $17.06 |
1,510 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$368.1K
$322.1K – $429.5K
NOI $25,768 @ 7.0% cap · market cap 8.59%
Second Best
Apartment 5plus
$339.3K
$296.9K – $395.9K
NOI $23,752 @ 7.0% cap · market cap 7.92%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Newly renovated duplex offering two separate apartments with independent electric and mechanicals.
Where is this duplex located?
The property is located at 343 N 60TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Duplex built in 1915 with two completely separated apartments in electric utility and mechanicals; Forced‑air heating with central air cooling; Appliances include stainless steel set: refrigerator, dishwasher, built‑in microwave, and electric oven/range
