Updated First-Floor Duplex
3515 Englewood Street Philadelphia, PA 19149
3515 Englewood Street, Philadelphia, PA, 19149
$299,900
For Sale
$299,900
Recently updated first-floor unit with new kitchen, flooring, paint, and light fixtures, plus a second rental unit.
Property Size1,292 SF
Price / SF$232.12
Days on Market364
Property Features for 3515 Englewood Street
General Information
- Standard status
- Active
- Size
- 1,292 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1950
Listing agency
Canaan Realty Investment Group
(215) 333-1826
Listed by
Mike H Xiao · License #RS280882
(215) 333-1826
Source
Compass
Added: Jul 24, 2025 Updated: Jul 21 at 5:36AM Checked: Jul 21 at 5:36AM
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 Canaan Realty Investment Group
Investment Insights
Based on property information with market context.
This recently updated first-floor duplex unit features a new kitchen, new flooring, new interior painting, and new light fixtures. The property is configured as an owner-occupant setup with a second unit that is rented, creating a practical live-in plus rental arrangement.
The property is located in Philadelphia County within the Philadelphia City School District. The listing notes the second unit is rented for $1,050 per month.
Total property size is reported as 1,292.
The property is located in Philadelphia County within the Philadelphia City School District. The listing notes the second unit is rented for $1,050 per month.
Total property size is reported as 1,292.
Key Highlights
- Recently updated first‑floor unit with a new kitchen, new flooring, new painting, and new light fixtures
- Building has both above‑grade and below‑grade additional structures
- Second unit is currently rented for $1,050 per month
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 | $27.1k | $21.00 |
| − Vacancy | −$849 | −$0.66 |
| EGI | $26.3k | $20.34 |
| − OpEx | −$7.9k | −$6.10 |
| NOI | $18.4k | $14.24 |
1,292 SF · lease $21.00/SF/yr · vacancy 3.13% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$2.47M
$2.16M – $2.89M
NOI $173,162 @ 7.0% cap · market cap 57.74%
Second Best
Multifamily LT 5
$262.8K
$230.0K – $306.6K
NOI $18,398 @ 7.0% cap · market cap 6.13%
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
Duplexes
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FAQs
What type of property is this?
Duplex - Recently updated first-floor unit with new kitchen, flooring, paint, and light fixtures, plus a second rental unit.
Where is this duplex located?
The property is located at 3515 Englewood 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: Recently updated first‑floor unit with a new kitchen, new flooring, new painting, and new light fixtures; Building has both above‑grade and below‑grade additional structures; Second unit is currently rented for $1,050 per month
