Residential Income Multifamily
4123 Orchard Street Philadelphia, PA 19124
For Sale
$209,900
Pending
Multifamily property offering 2-bedroom, 1-bath units with modern kitchens featuring new appliances.
Property Size1,104 SF
Days on Market183
Property Features for 4123 Orchard Street
General Information
- Standard status
- Pending
- Size
- 1,104 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1945
Listing Agency:
Giraldo Real Estate Group
(215) 745-0101
Listed By:
Jackeline Estrada · License #RS377975
(215) 745-0101
Source:
Compass
Added: Jan 23
Changed: Jul 22
Last Checked: Jul 22 at 1:23AM
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 Giraldo Real Estate Group
Investment Insights
Based on property information with market context.
This multifamily property includes units configured with 2 bedrooms and 1 bathroom. The kitchens are described as modern and equipped with new appliances. The listing also notes peaceful, scenic views from the units.
Located on Orchard Street in Philadelphia, the property is described as being on a quiet block. The remarks state it is close to Aramingo Ave and Frankford Ave, with a tire shop on the corner nearby, and AMB High School within a short distance. Multiple convenience stores are also mentioned in the surrounding area.
The offering is presented as a residential income multifamily option for buyers seeking both comfort and investment potential, with the listing emphasizing the modern kitchen features and the unit configuration as key highlights.
Located on Orchard Street in Philadelphia, the property is described as being on a quiet block. The remarks state it is close to Aramingo Ave and Frankford Ave, with a tire shop on the corner nearby, and AMB High School within a short distance. Multiple convenience stores are also mentioned in the surrounding area.
The offering is presented as a residential income multifamily option for buyers seeking both comfort and investment potential, with the listing emphasizing the modern kitchen features and the unit configuration as key highlights.
Key Highlights
- Multifamily property with units featuring 2 bedrooms and 1 bathroom
- Modern kitchens with new appliances
- Year built: 1945
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 | $25.7k | $23.28 |
| − Vacancy | −$1.9k | −$1.72 |
| EGI | $23.8k | $21.56 |
| − OpEx | −$10.7k | −$9.70 |
| NOI | $13.1k | $11.86 |
1,104 SF · lease $23.28/SF/yr · vacancy 7.40% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$187.0K
$163.6K – $218.2K
NOI $13,090 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$635.0K
$555.7K – $740.9K
NOI $44,452 @ 7.0% cap · market cap 21.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Multifamily property offering 2-bedroom, 1-bath units with modern kitchens featuring new appliances.
Where is this multifamily property located?
The property is located at 4123 Orchard Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Multifamily property with units featuring 2 bedrooms and 1 bathroom; Modern kitchens with new appliances; Year built: 1945
