Renovated Bi-Level
New
For Sale
$449,999
55 W SEYMOUR STREET, Philadelphia, PA 19144
Fully occupied duplex with two updated units, functional layouts, and access to public transportation, shopping, dining, parks, and schools.
Property Size2,250 SF
Days on Market6
Property Features for 55 W SEYMOUR STREET
General Information
Standard status
Active
Size
2,250 SF
Property subtype
Duplex
Occupancy
100%
Taxes and HOA fees
Annual Taxes
$3,488
Building Details
Building Size
2,250 SF
Year Built
1900
Tenancy
Multi
Listing Agency:
HomeSmart Realty Advisors
(267) 532-5644
Listed By:
Latasha Beckton · License #346885
(267) 532-5644
Source:
Mainlinekw
Added: Jul 29
Changed: Aug 2
Last Checked: Aug 2 at 3:21AM
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 HomeSmart Realty Advisors
Investment Insights
Based on property information with market context.
This bi-level duplex includes two residential units that have been renovated with contemporary finishes and practical layouts. Both units are tenant-occupied, and the property has received ongoing maintenance. Built in 1900, the building combines established construction with updated interior improvements.
The property is located in Philadelphia’s Germantown neighborhood near public transportation, shopping, dining, parks, schools, and major commuter routes. Its two-unit configuration and existing occupancy provide a straightforward multifamily format for an owner or investor seeking a residential income property.
The property is located in Philadelphia’s Germantown neighborhood near public transportation, shopping, dining, parks, schools, and major commuter routes. Its two-unit configuration and existing occupancy provide a straightforward multifamily format for an owner or investor seeking a residential income property.
Key Highlights
- Two‑unit bi‑level duplex in Philadelphia’s Germantown neighborhood
- Both units are fully tenant‑occupied
- Renovated interiors with modern finishes
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 | $58.1k | $25.80 |
| − Vacancy | −$3.2k | −$1.42 |
| EGI | $54.9k | $24.38 |
| − OpEx | −$16.5k | −$7.31 |
| NOI | $38.4k | $17.06 |
2,250 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$548.5K
$480.0K – $639.9K
NOI $38,396 @ 7.0% cap · market cap 8.53%
Second Best
Apartment 5plus
$505.6K
$442.4K – $589.9K
NOI $35,391 @ 7.0% cap · market cap 7.86%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,419
Businesses Nearby
Explore this area
Business Placement
Demographics for 19144, PA
44,481
Population
23,583
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
12,356
Density / Sq Mi
$45,727
Median Household Income
$36,020
Median Earnings
$1,110
Median Rent
$224,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex with two updated units, functional layouts, and access to public transportation, shopping, dining, parks, and schools.
Where is this duplex located?
The property is located at 55 W SEYMOUR STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: Two‑unit bi‑level duplex in Philadelphia’s Germantown neighborhood; Both units are fully tenant‑occupied; Renovated interiors with modern finishes
