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3-Unit Residential Triplex
For Sale
$319,990

5957 Belmar Ter, Philadelphia, PA 19143

Each residence includes an appliance package and a stacked washer-dryer set.

Property Size1,150 SF
Price / SF$278.25
Days on Market47

Property Features for 5957 Belmar Ter

General Information

Standard status Active
Size 1,150 SF
Property subtype Residential Income

Site & Location

Neighborhood Southwest Philadelphia

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,287

Amenities

appliance package
washer dryer duo stack
Listing Agency: OCF Realty LLC - Philadelphia
Listed By: Jona Rizaj · License #RS347701
Source: Exprealty
Added: Sep 15 Changed: Oct 29 Last Checked: Oct 30 at 2:52PM

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

Rey
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Investment Insights

Based on property information with market context.

This triplex contains three residences, each configured with two bedrooms and one full bathroom. The units include appliance packages and stacked washer-dryer sets, with tile finishes in the bathrooms. On-street parking is available.

Key Highlights

  • Three units, each with 2 bedrooms and 1 full bathroom
  • Appliance package in each unit
  • Stacked washer‑dryer sets

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 (±1% cap)
NOI $12,458 @ 7.0% cap · market cap 3.89%
Second Best
Apartment 5plus
$158.3K
$138.5K – $184.7K (±1% cap)
NOI $11,081 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$394.2K
$344.9K – $459.9K (±1% cap)
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

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

890
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Each residence includes an appliance package and a stacked washer-dryer set.
Where is this triplex located?
The property is located at 5957 Belmar Ter 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 units, each with 2 bedrooms and 1 full bathroom; Appliance package in each unit; Stacked washer‑dryer sets
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Includes: Price & PSF · Cap rate · Location · Zoning

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