Corner Duplex with Commercial
433 West Somerset Street Philadelphia, PA 19133
For Sale
$274,999
CMX-1 corner duplex with renovated commercial space and a 2-bedroom, 1-bath apartment.
Property Size1,060 SF
Price / SF$259.43
Days on Market124
Property Features for 433 West Somerset Street
General Information
- Standard status
- Active
- Size
- 1,060 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1920
Listing Agency:
Homestarr Realty
(267) 575-1325
Listed By:
Aldo Torres
(267) 575-1325
Source:
Compass
Added: Mar 23
Changed: Jul 23
Last Checked: Jul 23 at 12:41PM
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 Homestarr Realty
Investment Insights
Based on property information with market context.
This CMX-1 zoned corner duplex includes fully renovated commercial space with central air and a residential unit consisting of a 2-bedroom, 1-bath apartment. The residential unit is currently rented on a month-to-month lease, providing ongoing income with flexibility for future changes.
The property is located at 433 West Somerset Street in Philadelphia, near a school and surrounded by active neighborhood activity. It is positioned as a corner asset intended to support both residential occupancy and commercial visibility.
As a mixed-use corner duplex, the building offers a combination of move-in ready commercial improvements and an income-producing apartment configuration.
The property is located at 433 West Somerset Street in Philadelphia, near a school and surrounded by active neighborhood activity. It is positioned as a corner asset intended to support both residential occupancy and commercial visibility.
As a mixed-use corner duplex, the building offers a combination of move-in ready commercial improvements and an income-producing apartment configuration.
Key Highlights
- CMX‑1 zoned corner duplex at 433 W Somerset St with commercial plus a residential unit
- Commercial space is fully renovated and includes central air
- Residential unit is a 2‑bedroom, 1‑bath apartment rented on a month‑to‑month lease at $1,100
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 6.58%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K
NOI $16,673 @ 7.0% cap · market cap 6.06%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apoyo Supremo Care
Home Health Care Service
FAQs
What type of property is this?
Mixed-use property - CMX-1 corner duplex with renovated commercial space and a 2-bedroom, 1-bath apartment.
Where is this mixed-use property located?
The property is located at 433 West Somerset Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $274,999.
What are key features of this property?
This property features: CMX‑1 zoned corner duplex at 433 W Somerset St with commercial plus a residential unit; Commercial space is fully renovated and includes central air; Residential unit is a 2‑bedroom, 1‑bath apartment rented on a month‑to‑month lease at $1,100
