Residential Income
For Sale
$270,000
5600 N SYDENHAM STREET, Philadelphia, PA 19141
RSA5-zoned property with natural gas forced-air heating and an unfinished basement.
Property Size1,536 SF
Days on Market13
Property Features for 5600 N SYDENHAM STREET
General Information
Standard status
Active
Size
1,536 SF
Property subtype
Triplex
Site & Location
Neighborhood
Ogontz
Taxes and HOA fees
Annual Taxes
$2,159
Building Details
Building Size
1,536 SF
Year Built
1925
Listing Agency:
KW Empower
Listed By:
Michael P Cohen · License #AB066937
(610) 331-7213
Source:
Mainlinekw
Added: Oct 20
Changed: Oct 31
Last Checked: Oct 30 at 10:13PM
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 Philadelphia residential income property was built in 1925 and has a straight-through configuration. Interior features include natural gas forced-air heat, a gas water heater, and an unfinished basement with exterior entry. On-street parking is noted, and the property is identified as being on a corner at 5600 N Sydenham Street.
The property is zoned RSA5 and is located in Philadelphia.
The property is zoned RSA5 and is located in Philadelphia.
Key Highlights
- Built in 1925
- RSA5 zoning
- Natural gas forced‑air heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,161
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,220
$483.2K
Cap Rate 7%
$345,157
$345.2K
Cap Rate 9%
$268,456
$268.5K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$46.6K $30.36/SF
− Vacancy
−$2.7K −$1.76/SF
EGI
$43.9K $28.60/SF
− OpEx
−$19.8K −$12.87/SF
NOI
$24.2K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,220
Cap Rate 7%
$345,157
Cap Rate 9%
$268,456
Alternative Uses
Best Use
Apartment 5plus
$345.2K
$302.0K – $402.7K
NOI $24,161 @ 7.0% cap · market cap 8.95%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$374.5K
$327.7K – $436.9K
NOI $26,212 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
2,401
Businesses Nearby
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Business Placement
Demographics for 19141, PA
31,047
Population
16,290
Households
1.9
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
1.7 sq mi
ZIP Area
18,263
Density / Sq Mi
$42,461
Median Household Income
$34,464
Median Earnings
$1,009
Median Rent
$143,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - RSA5-zoned property with natural gas forced-air heating and an unfinished basement.
Where is this residential income property located?
The property is located at 5600 N SYDENHAM STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Built in 1925; RSA5 zoning; Natural gas forced‑air heating
