End-of-Row Duplex
600 Hazell Lane Philadelphia, PA 19116
600 Hazell Lane, Philadelphia, PA, 19116
$499,900
For Sale
$499,900
End-of-row duplex with separate private entrances, offering a tenant-occupied first floor and a vacant, showable second floor.
Property Size1,734 SF
Price / SF$288.29
Days on Market215
Property Features for 600 Hazell Lane
General Information
- Standard status
- Active
- Size
- 1,734 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1975
Listing agency
George Weiss Realty
(267) 249-8912
Listed by
George W Weiss Jr. · License #SB065126
(267) 249-8912
Source
Compass
Added: Dec 19, 2025 Updated: Jul 21 at 4:23AM Checked: Jul 21 at 4:23AM
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 George Weiss Realty
Investment Insights
Based on property information with market context.
This end-of-row duplex includes private entrances and two distinct residential units. The first floor features one bedroom and one bathroom and is currently tenant occupied, with the lease running through December 2026. The second floor consists of two bedrooms and two full bathrooms and is vacant, allowing it to be shown at any time.
The property is located in Somerton within Philadelphia (19116). It is not part of a homeowners/condominium association.
Both units are described as being in excellent condition and showing very well, providing a ready-to-occupy configuration for the vacant second floor while the first floor remains leased.
The property is located in Somerton within Philadelphia (19116). It is not part of a homeowners/condominium association.
Both units are described as being in excellent condition and showing very well, providing a ready-to-occupy configuration for the vacant second floor while the first floor remains leased.
Key Highlights
- End‑of‑row duplex with separate private entrances
- First‑floor unit: 1 bedroom and 1 bathroom, tenant occupied and leased through December 2026
- Second‑floor unit: 2 bedrooms and 2 full bathrooms, vacant and can be shown at any time
Local 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 | $44.7k | $25.80 |
| − Vacancy | −$2.5k | −$1.42 |
| EGI | $42.3k | $24.38 |
| − OpEx | −$12.7k | −$7.31 |
| NOI | $29.6k | $17.06 |
1,734 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$422.7K
$369.9K – $493.2K
NOI $29,591 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$389.6K
$340.9K – $454.6K
NOI $27,275 @ 7.0% cap · market cap 5.46%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - End-of-row duplex with separate private entrances, offering a tenant-occupied first floor and a vacant, showable second floor.
Where is this duplex located?
The property is located at 600 Hazell Lane Philadelphia, PA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: End‑of‑row duplex with separate private entrances; First‑floor unit: 1 bedroom and 1 bathroom, tenant occupied and leased through December 2026; Second‑floor unit: 2 bedrooms and 2 full bathrooms, vacant and can be shown at any time
