End-Row Triplex
4019 SPRING GARDEN Street Philadelphia, PA 19104
New
4019 SPRING GARDEN Street, Philadelphia, PA, 19104
$529,900
For Sale
$529,900
MULTI_FAMILY - PHILADELPHIA, PA
Property Size3,100 SF
Lot Size0.05 Acres
Price / SF$170.94
Days on Market3
Property Features for 4019 SPRING GARDEN Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 3,100 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7992
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1915
- Number of units
- 3
- Building materials
- Masonry
Listing agency
New Age Realty Group Inc
(215) 387-1002
Listed by
Christos Tzimoulis · License #RM423707
(215) 387-1002
Added: Jul 20 Checked: Jul 22 at 12:06AM
MLS# PAPH2650330
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.
This end-of-row triplex offers three separate apartments, each with 3 bedrooms and updated finishes including hardwood and tile flooring, along with newer kitchens and bathrooms. Heating includes hot air heat, and each unit is also equipped with central air conditioning. There is basement access from the rear of the property for building mechanicals, and the building includes a shared laundry room on the first floor near the entrance. A fire sprinkler system is also in place.
The property features separate electric metering for each unit. Units 1 and 3 are currently rented through 8/31/2027, while Unit 2 is scheduled to be vacant as of 8/1/2026.
With its three-unit configuration and existing in-place income stream, this triplex is well suited for buyers seeking a residential income property in Philadelphia.
The property features separate electric metering for each unit. Units 1 and 3 are currently rented through 8/31/2027, while Unit 2 is scheduled to be vacant as of 8/1/2026.
With its three-unit configuration and existing in-place income stream, this triplex is well suited for buyers seeking a residential income property in Philadelphia.
Key Highlights
- Huge triplex with separate 3‑bedroom apartments on each floor
- Each unit is separately metered
- Central air and forced air heating; includes central cooling and hot air heat
Local Financial Insights For Apartment 5plus
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 | $94.1k | $30.36 |
| − Vacancy | −$5.5k | −$1.76 |
| EGI | $88.7k | $28.60 |
| − OpEx | −$39.9k | −$12.87 |
| NOI | $48.8k | $15.73 |
3,100 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$755.7K
$661.3K – $881.7K
NOI $52,901 @ 7.0% cap · market cap 9.98%
Second Best
Apartment 5plus
$696.6K
$609.5K – $812.7K
NOI $48,761 @ 7.0% cap · market cap 9.20%
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
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - End-of-row triplex with three separately metered units, hot water heat and central air, plus shared laundry and sprinkler system.
Where is this triplex located?
The property is located at 4019 SPRING GARDEN Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Huge triplex with separate 3‑bedroom apartments on each floor; Each unit is separately metered; Central air and forced air heating; includes central cooling and hot air heat
