Corner Duplex with Separate
446 Roselyn Street Philadelphia, PA 19120
For Sale
$239,000
Well-kept corner duplex with two units, separate utilities, and in-place safety certifications for straightforward rental operations.
Property Size1,200 SF
Price / SF$199.17
Days on Market90
Property Features for 446 Roselyn Street
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1928
Listing Agency:
Coldwell Banker Realty
(267) 221-6574
Listed By:
gina M knorr · License #RS312374
(267) 221-6574
Source:
Compass
Added: Apr 28
Changed: Jul 10
Last Checked: Jul 26 at 12:05PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This well-maintained, turn-key corner multi-family property is configured with two units and offers potential to create a third unit for additional income opportunities. Each unit has separate utilities, supporting tenant independence. The first-floor unit is a 1-bedroom layout, while the second-floor unit offers flexibility as a 1- or 2-bedroom configuration. The building includes a fire alarm system, and it is lead-free certified.
The property is located on a quiet block and is positioned directly across from Fisher Park. Residents can access walking trails, a playground, tennis courts, and basketball courts just steps away. It is also situated near major roadways, shopping, public transportation, and dining.
With separate utilities and a flexible second-floor layout, the property can appeal to buyers looking for a manageable two-unit rental with options to adjust unit configuration over time. Its current setup, safety systems, and lead-free certification help support day-to-day operations for both investors and owner-occupants.
The property is located on a quiet block and is positioned directly across from Fisher Park. Residents can access walking trails, a playground, tennis courts, and basketball courts just steps away. It is also situated near major roadways, shopping, public transportation, and dining.
With separate utilities and a flexible second-floor layout, the property can appeal to buyers looking for a manageable two-unit rental with options to adjust unit configuration over time. Its current setup, safety systems, and lead-free certification help support day-to-day operations for both investors and owner-occupants.
Key Highlights
- Corner multi‑family property built in 1928 with 2 units (potential for a third unit) and long‑term tenants
- Separate utilities for each unit for tenant independence and straightforward rental management
- Fire alarm system included
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 | $20.0k | $16.68 |
| − Vacancy | −$1.4k | −$1.20 |
| EGI | $18.6k | $15.48 |
| − OpEx | −$5.6k | −$4.64 |
| NOI | $13.0k | $10.83 |
1,200 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$185.7K
$162.5K – $216.7K
NOI $13,000 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$165.2K
$144.5K – $192.7K
NOI $11,563 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$286.7K
$250.8K – $334.4K
NOI $20,066 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-kept corner duplex with two units, separate utilities, and in-place safety certifications for straightforward rental operations.
Where is this duplex located?
The property is located at 446 Roselyn Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Corner multi‑family property built in 1928 with 2 units (potential for a third unit) and long‑term tenants; Separate utilities for each unit for tenant independence and straightforward rental management; Fire alarm system included
