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4832 East Roosevelt Boulevard, Philadelphia, PA, 19124
Duplex with Separate Utilities

4832 East Roosevelt Boulevard Philadelphia, PA 19124

For Sale
$299,500

Well-maintained duplex featuring separate utilities, private entrances, and off-street parking, with recent exterior and interior updates.

Property Size1,848 SF
Price / SF$162.07
Days on Market37

Property Features for 4832 East Roosevelt Boulevard

General Information

Standard status
Active
Size
1,848 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1925
Listing Agency: Wynn Real Estate LLC
Listed By: Michael Baron · License #RS303507
Source: Compass
Added: Jun 18 Changed: Jul 21 Last Checked: Jul 23 at 11:22AM

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 Wynn Real Estate LLC


Investment Insights

Based on property information with market context.

This well-maintained duplex offers two residential units with private entrances and off-street parking. The property includes separate utilities for each unit and features a yard. Updates noted in the listing include a new roof, new kitchens and bathrooms, new windows, and new floors.

The property is located in Philadelphia County near shopping, restaurants, schools, public transportation, and major highways. A Metro/Subway station is listed as less than 1 mile away.

The listing also indicates the duplex has two garages, supporting convenient vehicle parking for residents.

Key Highlights

  • Well‑maintained duplex built in 1925 with separate utilities and private entrances
  • Off‑street parking plus 2 garages and a yard
  • Recent updates include a new roof, new kitchens and bathrooms, new windows, and new floors

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 $36.6k $19.80
− Vacancy −$2.6k −$1.39
EGI $34.0k $18.41
− OpEx −$10.2k −$5.52
NOI $23.8k $12.89
1,848 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$340.2K
$297.7K – $396.9K (±1% cap)
NOI $23,813 @ 7.0% cap · market cap 7.95%
Second Best
Apartment 5plus
$313.0K
$273.9K – $365.2K (±1% cap)
NOI $21,911 @ 7.0% cap · market cap 7.32%
Theoretical Best
Specialty Retail
$1.06M
$930.1K – $1.24M (±1% cap)
NOI $74,409 @ 7.0% cap · market cap 24.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Gym & Fitness Center Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Tech Support Center Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex featuring separate utilities, private entrances, and off-street parking, with recent exterior and interior updates.
Where is this duplex located?
The property is located at 4832 East Roosevelt Boulevard Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: Well‑maintained duplex built in 1925 with separate utilities and private entrances; Off‑street parking plus 2 garages and a yard; Recent updates include a new roof, new kitchens and bathrooms, new windows, and new floors
More about this property
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