3813 BARING Street, Philadelphia, PA 19104
MULTI_FAMILY - PHILADELPHIA, PA
- Added:
- Mar 28, 2025
- Days on Market:
- 446
- Last Refresh:
- Jun 16 at 5:06 am
Property Features for 3813 BARING Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Appliances
- Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Refrigerator, Stove, Stainless Steel Appliances, Washer
- Standard status
- Active
- Size
- 2,758 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11996
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1930
- Number of units
- 3
- Building materials
- Masonry
Listing agent Deneen Sweeney License #RS323144 (484) 888-3177
Listing office Keller Williams Real Estate - West Chester 276 Dilworthtown Road, West Chester, PA (610) 399-5100
Listing date Mar 28, 2025
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.
HighLights
- Prime location in University City, near University of Pennsylvania, Drexel University, dining, parks, and public transportation.
- Triplex configuration provides immediate income generation from three rental units.
- Unit 1 features a private backyard, in‑unit laundry, and a versatile bonus room.
- Fully leased property represents a turnkey investment opportunity.
- Unit 2 offers central air, in‑unit laundry, a modern kitchen, and a private outdoor deck.
- Includes basement storage and transfer of property management services.
Overview
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 | $71.2k | $25.80 |
| − Vacancy | −$3.9k | −$1.42 |
| EGI | $67.2k | $24.38 |
| − OpEx | −$20.2k | −$7.31 |
| NOI | $47.1k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.1975937
- Latitude
- 39.9609757
