4220 BALTIMORE Avenue, Philadelphia, PA 19104
MULTI_FAMILY - Contemporary - PHILADELPHIA, PA
- Added:
- Oct 30, 2025
- Days on Market:
- 241
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 4220 BALTIMORE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active Under Contract
- Size
- 3,840 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10498
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1930
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Contemporary
Listing agent Francis Mangubat License #RS33379 (302) 423-9007
Listing office Keller Williams Main Line 6 Coulter Avenue unit: 2, Ardmore, PA (610) 520-0100
Listing date Oct 30, 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
- Fully renovated quadplex at 4220 Baltimore Avenue built in 1930, constructed with masonry
- Four‑unit mix: Unit 1 is 3 bed / 3 bath (currently vacant); Units 2–4 are leased (1 bed / 1 bath, 2 bed / 2 bath, 4 bed / 4 bath)
- Each unit features hardwood flooring, open contemporary layouts, quartz countertops, stainless steel appliances, and a large kitchen island
- Central heating and central A/C provided, with in‑unit washer and dryer
- On‑street parking available; near University City with convenient access to public transportation and I‑76
Overview
The property is located in Philadelphia in the Spruce Hill neighborhood, positioned near University City. The listing notes convenient access to public transportation, I-76, as well as nearby restaurants and local shops.
For investors or owner-occupants seeking a renovated multi-unit asset, the current leasing mix provides in-place occupancy across three units while Unit 1 remains available. The uniform, modern unit finishes and in-unit laundry support an easy-to-manage resident experience across the property.
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 | $99.1k | $25.80 |
| − Vacancy | −$5.5k | −$1.42 |
| EGI | $93.6k | $24.38 |
| − OpEx | −$28.1k | −$7.31 |
| NOI | $65.5k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.2078705
- Latitude
- 39.9495125
