433 W SOMERSET Street, Philadelphia, PA 19133
MULTI_FAMILY - PHILADELPHIA, PA
- Added:
- Mar 24, 2026
- Days on Market:
- 83
- Last Refresh:
- Jun 14 at 2:06 am
Property Features for 433 W SOMERSET Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,060 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 813
Utilities
- Heating system
- Central, Other (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Masonry
Listing agent Aldo Torres (267) 575-1325
Listing office Homestarr Realty 850 Easton Road, Warminster, PA (215) 355-5565
Listing date Mar 24, 2026
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
- CMX‑1 zoned corner duplex with both commercial and residential space
- Commercial space has been fully renovated and includes central air
- Central heating and central air provided
- Residential unit features 2 bedrooms and 1 bathroom
- Residential unit is currently rented on a month‑to‑month lease for $1,100
- 1920 construction with masonry exterior and on‑street parking
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 | $27.3k | $25.80 |
| − Vacancy | −$1.5k | −$1.42 |
| EGI | $25.8k | $24.38 |
| − OpEx | −$7.8k | −$7.31 |
| NOI | $18.1k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.13901
- Latitude
- 39.99371