Victorian Triplex with
For Sale
$675,000
4706 Warrington Ave, Philadelphia, PA 19143
Licensed three-unit property with historic finishes, a backyard, and access to public transportation.
Property Size2,700 SF
Price / SF$250
Days on Market48
Property Features for 4706 Warrington Ave
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Multi-Family
Building Details
Year Built
1900
Listing Agency:
KW Empower
Listed By:
Algernong Allen III · License #AB068641
(267) 934-5551
Source:
Bethsamberg
Added: Sep 4
Changed: Oct 3
Last Checked: Oct 7 at 12:55PM
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 KW Empower
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Investment Insights
Based on property information with market context.
This 1900 Victorian property contains three residential units totaling 2700 square feet. The first and second floors each offer a two-bedroom, one-bath layout, while the third-floor residence includes three bedrooms and a large attic. Hardwood floors and period Victorian details remain part of the interior character, and residents have access to a sizable backyard.
The property is legally licensed as a triplex and includes an installed fire escape and central monitoring station. Public transportation is available nearby, with bus, trolley, and Regional Rail service serving the surrounding area. The building has also been professionally managed during the current ownership period.
The property is legally licensed as a triplex and includes an installed fire escape and central monitoring station. Public transportation is available nearby, with bus, trolley, and Regional Rail service serving the surrounding area. The building has also been professionally managed during the current ownership period.
Key Highlights
- Three‑unit Victorian property with 2700 SF of total building area
- Unit mix includes two 2‑bedroom, 1‑bath units and one 3‑bedroom unit
- Third‑floor residence includes a large attic
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,249
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,980
$585.0K
Cap Rate 7%
$417,843
$417.8K
Cap Rate 9%
$324,989
$325.0K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$45.0K $16.68/SF
− Vacancy
−$3.3K −$1.20/SF
EGI
$41.8K $15.48/SF
− OpEx
−$12.5K −$4.64/SF
NOI
$29.2K $10.83/SF
Area
ZIP 19143
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,980
Cap Rate 7%
$417,843
Cap Rate 9%
$324,989
Alternative Uses
Best Use
Multifamily LT 5
$417.8K
$365.6K – $487.5K
NOI $29,249 @ 7.0% cap · market cap 4.33%
Second Best
Apartment 5plus
$371.7K
$325.2K – $433.6K
NOI $26,016 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$925.4K
$809.7K – $1.08M
NOI $64,779 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
2,105
Businesses Nearby
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Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Licensed three-unit property with historic finishes, a backyard, and access to public transportation.
Where is this triplex located?
The property is located at 4706 Warrington Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Three‑unit Victorian property with 2700 SF of total building area; Unit mix includes two 2‑bedroom, 1‑bath units and one 3‑bedroom unit; Third‑floor residence includes a large attic
