Three-Unit Triplex with
For Sale
$319,990
5957 BELMAR STREET, Philadelphia, PA 19143
Three residential units offer matching layouts, appliance packages, and in-unit stacked laundry equipment.
Property Size1,150 SF
Price / SF$278.25
Days on Market49
Property Features for 5957 BELMAR STREET
General Information
Standard status
Active
Size
1,150 SF
Property subtype
Triplex
Site & Location
Neighborhood
West Philadelphia
Units
Unit Mix
3 x 2BR/1BA
Multifamily Units
3
Amenities
appliance package
washer dryer duo stack
on-street parking
Building Details
Year Built
1920
Listing Agency:
OCF Realty LLC - Philadelphia
(215) 735-7368
Listed By:
Jona Rizaj · License #RS347701
(267) 760-0704
Source:
Cummingsrealtors
Added: Sep 15
Changed: Nov 1
Last Checked: Nov 1 at 5:28AM
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 OCF Realty LLC - Philadelphia
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Philadelphia triplex contains three residential units, each configured with two bedrooms and one full bathroom. The property includes appliance packages, stacked washer-and-dryer sets, and tiled bathroom finishes. The reported property size is 1,150 square feet, and the building dates to 1920.
Located at 5957 Belmar Street in Philadelphia, the property provides on-street parking. Its three-unit layout supports a residential income configuration, with consistent unit features across the building.
Located at 5957 Belmar Street in Philadelphia, the property provides on-street parking. Its three-unit layout supports a residential income configuration, with consistent unit features across the building.
Key Highlights
- Three‑unit triplex with 2 bedrooms and 1 full bathroom per unit
- Reported property size of 1,150 square feet
- Appliance package included in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,458
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,160
$249.2K
Cap Rate 7%
$177,971
$178.0K
Cap Rate 9%
$138,422
$138.4K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$19.2K $16.68/SF
− Vacancy
−$1.4K −$1.20/SF
EGI
$17.8K $15.48/SF
− OpEx
−$5.3K −$4.64/SF
NOI
$12.5K $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%
$249,160
Cap Rate 7%
$177,971
Cap Rate 9%
$138,422
Alternative Uses
Best Use
Multifamily LT 5
$178.0K
$155.7K – $207.6K
NOI $12,458 @ 7.0% cap · market cap 3.89%
Second Best
Apartment 5plus
$158.3K
$138.5K – $184.7K
NOI $11,081 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$394.2K
$344.9K – $459.9K
NOI $27,591 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,186
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units offer matching layouts, appliance packages, and in-unit stacked laundry equipment.
Where is this triplex located?
The property is located at 5957 BELMAR STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $319,990.
What are key features of this property?
This property features: Three‑unit triplex with 2 bedrooms and 1 full bathroom per unit; Reported property size of 1,150 square feet; Appliance package included in each unit
