Corner Mixed-Use
433 W SOMERSET Street Philadelphia, PA 19133
433 W SOMERSET Street, Philadelphia, PA, 19133
$269,999
For Sale
$269,999
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,060 SF
Lot Size0.02 Acres
Price / SF$254.72
Days on Market115
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 Agency
Homestarr Realty
(215) 355-5565
850 Easton Road, Warminster, PA
Listed by
Aldo Torres
(267) 575-1325
Added: Mar 24 Checked: Jul 16 at 5:06 pm
MLS# PAPH2599202
Listing URL
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 CMX-1 zoned corner duplex combines renovated commercial space with a residential unit. The commercial portion has been fully renovated and includes central air. The residential unit is a well-maintained 2-bedroom, 1-bath apartment currently rented on a month-to-month lease.
The property is located at 433 W Somerset Street in Philadelphia, PA 19133. It is configured to support both owner-occupancy and tenant use, with the residential unit already providing current rental income under the existing lease terms.
With approximately 1,060 square feet of total property size on a lot of about 0.0177 acres, this mixed-use duplex offers a straightforward, live-and-work style layout within a single corner building.
The property is located at 433 W Somerset Street in Philadelphia, PA 19133. It is configured to support both owner-occupancy and tenant use, with the residential unit already providing current rental income under the existing lease terms.
With approximately 1,060 square feet of total property size on a lot of about 0.0177 acres, this mixed-use duplex offers a straightforward, live-and-work style layout within a single corner building.
Key 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
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 |
1,060 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$258.4K
$226.1K – $301.5K
NOI $18,089 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K
NOI $16,673 @ 7.0% cap · market cap 6.18%
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
Apoyo Supremo Care
Home Health Care Service
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FAQs
What type of property is this?
Duplex - CMX-1 corner duplex with renovated commercial space and a 2-bed, 1-bath apartment on a month-to-month lease.
Where is this duplex located?
The property is located at 433 W SOMERSET Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $269,999.
What are key features of this property?
This property features: 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
