Corner Two-Unit Residential Income
446 ROSELYN Street Philadelphia, PA 19120
446 ROSELYN Street, Philadelphia, PA, 19120
$229,000
For Sale
$229,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,200 SF
Lot Size0.02 Acres
Price / SF$190.83
Days on Market52
Property Features for 446 ROSELYN Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,200 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2323
Utilities
- Heating system
- Baseboard, Hot Water(Heating), Electric (Heating)
Building Details
- Year built
- 1928
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agency
Coldwell Banker Realty
(215) 641-2727
Listed by
gina M knorr · License #RS312374
(267) 221-6574
Added: Jun 1 Updated: Jul 9 at 11:01AM Checked: Jul 22 at 1:06AM
MLS# PAPH2628510
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 turn-key, well-maintained corner multi-family property is configured as two residential units. The first-floor unit includes one bedroom, while the second-floor unit offers a flexible layout that can function as either a one- or two-bedroom arrangement. Each unit has separate utilities, supporting tenant independence and straightforward day-to-day operations. The property also includes a fire alarm system and lead-free certification.
The home is located on a quiet block and is positioned directly across from Fisher Park. Residents have convenient access to walking trails and recreational amenities including a playground, tennis and basketball courts. The property is also described as being near major roadways, shopping, public transportation, and dining.
For buyers or operators seeking a manageable income property, this layout provides a clear two-unit setup with separate utility services. The second-floor flexibility may allow for tenant-fit adjustments over time. The corner configuration and the reported potential for a third unit add an additional planning consideration for future space utilization. Long-term tenants are in place, supporting continuity for an owner-operator or investor looking for an occupied property at acquisition.
The home is located on a quiet block and is positioned directly across from Fisher Park. Residents have convenient access to walking trails and recreational amenities including a playground, tennis and basketball courts. The property is also described as being near major roadways, shopping, public transportation, and dining.
For buyers or operators seeking a manageable income property, this layout provides a clear two-unit setup with separate utility services. The second-floor flexibility may allow for tenant-fit adjustments over time. The corner configuration and the reported potential for a third unit add an additional planning consideration for future space utilization. Long-term tenants are in place, supporting continuity for an owner-operator or investor looking for an occupied property at acquisition.
Key Highlights
- Corner multi‑family property with masonry construction, built in 1928
- Two units with potential for a third unit to increase rental income and rents
- Each unit has separate utilities for tenant independence
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 | $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 5.68%
Second Best
Apartment 5plus
$165.2K
$144.5K – $192.7K
NOI $11,563 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$286.7K
$250.8K – $334.4K
NOI $20,066 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit corner property with separate utilities and a flexible second-floor bedroom layout.
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 $229,000.
What are key features of this property?
This property features: Corner multi‑family property with masonry construction, built in 1928; Two units with potential for a third unit to increase rental income and rents; Each unit has separate utilities for tenant independence
