2-Unit Duplex with Separate
For Sale
$360,000
4057 Comly Street, Philadelphia, PA 19135
Well-maintained 2+2 duplex with modern layout and separate utilities, currently rented on month-to-month leases.
Property Size1,404 SF
Price / SF$256.41
Days on Market276
Property Features for 4057 Comly Street
General Information
Standard status
Active
Size
1,404 SF
Property subtype
Multi-Family
Zoning
RSA3
Site & Location
Neighborhood
Northeast Philadelphia
Taxes and HOA fees
Annual Taxes
$3,668
Amenities
Natural Gas
Yes
No
All
Assessor
No Pool
Public
W30
29.00 x 100.00
0.07
Driveway,On Street
Brick/Mortar
52420.00
Building Details
Building Size
1,404 SF
Year Built
1940
Listing Agency:
RE/MAX Select Group
Listed By:
Rick Cummings · License #RS285551
(215) 335-6900
Source:
Thetristaterealestategroup
Added: Jan 28
Changed: Oct 29
Last Checked: Oct 30 at 12:04PM
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 RE/MAX Select Group
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Investment Insights
Based on property information with market context.
This well-maintained 2+2 duplex offers a modern layout with separate utilities for each unit. The property is configured as two residential units and is currently occupied by long-term tenants on month-to-month leases, providing immediate rental income with flexibility for future plans.
Located at 4057 Comly Street in Philadelphia, the duplex is described as being conveniently near parks, schools, and neighborhood amenities.
As a residential income property, it is suited for investors looking to add a steady rental asset or for owner-occupants seeking rental income while maintaining flexibility due to the month-to-month lease terms.
Located at 4057 Comly Street in Philadelphia, the duplex is described as being conveniently near parks, schools, and neighborhood amenities.
As a residential income property, it is suited for investors looking to add a steady rental asset or for owner-occupants seeking rental income while maintaining flexibility due to the month-to-month lease terms.
Key Highlights
- 2+2 duplex built in 1940 with a living area recorded by the assessor
- Both units are furnished and currently rented on month‑to‑month leases (long‑term tenants in place)
- Separate utilities with natural gas heating and natural gas hot water
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,959
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,180
$479.2K
Cap Rate 7%
$342,271
$342.3K
Cap Rate 9%
$266,211
$266.2K
Market Conditions
NOI Build-Up for 1,404 SF
Gross rent
$36.2K $25.80/SF
− Vacancy
−$2.0K −$1.42/SF
EGI
$34.2K $24.38/SF
− OpEx
−$10.3K −$7.31/SF
NOI
$24.0K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,180
Cap Rate 7%
$342,271
Cap Rate 9%
$266,211
Alternative Uses
Best Use
Multifamily LT 5
$342.3K
$299.5K – $399.3K
NOI $23,959 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$315.5K
$276.1K – $368.1K
NOI $22,084 @ 7.0% cap · market cap 6.13%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
962
Businesses Nearby
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Business Placement
Demographics for 19135, PA
35,422
Population
14,323
Households
2.5
Avg Household Size
34
Median Age
16%
College-Educated
82%
High-School Grad
2.3 sq mi
ZIP Area
15,401
Density / Sq Mi
$51,817
Median Household Income
$38,673
Median Earnings
$1,197
Median Rent
$182,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained 2+2 duplex with modern layout and separate utilities, currently rented on month-to-month leases.
Where is this duplex located?
The property is located at 4057 Comly Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 2+2 duplex built in 1940 with a living area recorded by the assessor; Both units are furnished and currently rented on month‑to‑month leases (long‑term tenants in place); Separate utilities with natural gas heating and natural gas hot water
