Three-Unit Triplex with
For Sale
$319,990
5957 BELMAR Street, Philadelphia, PA 19143
Multi-Family, PHILADELPHIA, PA
Property Size1,150 SF
Lot Size0.03 Acres
Price / SF$278.25
Days on Market48
Property Features for 5957 BELMAR Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking features
On Street
Subdivision
KINGSESSING
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,150 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
2287
Amenities
appliance package
washer/dryer
Building Details
Year built
1920
Number of units
3
Building materials
Masonry
Listing Agency:
OCF Realty LLC - Philadelphia
(215) 735-7368
Listed By:
Jona Rizaj · License #RS347701
(267) 760-0704
Added: Sep 15
Changed: Oct 27
Last Checked: Nov 1 at 2:06AM
MLS# PAPH2671134
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This masonry triplex at 5957 Belmar Street contains three residential units, each configured with two bedrooms and one full bathroom. The property includes appliance packages, stacked washer-and-dryer units, and tiled bathroom finishes. A basement is also present, while on-street parking serves the property.
Built in 1920, the building occupies a 0.0259-acre lot in Philadelphia, Pennsylvania. The reported property size is 1,150 square feet, offering a compact multifamily configuration with consistent layouts across all three units.
Built in 1920, the building occupies a 0.0259-acre lot in Philadelphia, Pennsylvania. The reported property size is 1,150 square feet, offering a compact multifamily configuration with consistent layouts across all three units.
Key Highlights
- Three residential units, each with 2 bedrooms and 1 full bathroom
- 1,150 square feet on a 0.0259‑acre lot
- Masonry construction completed in 1920
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
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
890
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Masonry multifamily property with three residential units, in-unit laundry equipment, and on-street parking.
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 residential units, each with 2 bedrooms and 1 full bathroom; 1,150 square feet on a 0.0259‑acre lot; Masonry construction completed in 1920
