6220 Vine Street, Philadelphia, PA 19139
Well-maintained six-unit building with six one-bedroom, one-bath units and five guaranteed rents.
- Added:
- May 7, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 24 at 2:05 am
Property Features for 6220 Vine Street
General Information
- Standard status
- Active
- Size
- 2,685 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1929
Listing office Realty ONE Group Focus (267) 475-1018
Listing date May 7, 2026
Source Xome
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 Realty ONE Group Focus
HighLights
- Six‑unit apartment building with 6 one‑bedroom, one‑bath units
- 5/6 units are guaranteed rents; 1 unit is month‑to‑month
- Heating system listed as 3; flooring is vinyl
- Parking available on street
- Zoned RSA3
- Lot dimensions 23.00 x 110.00; year built 1929
Overview
Located at 6220 Vine Street in Philadelphia, PA 19139, the building is described as convenient to area shops, restaurants, schools, and public transportation. The remarks also indicate proximity to Philadelphia’s cultural attractions, which may appeal to tenants seeking an accessible, in-town lifestyle.
For investors, the uniform unit mix and current rent structure (five guaranteed rents plus one month-to-month unit) can simplify operations compared to a mixed-use or varied-bedroom configuration. The property is being offered for sale as a residential income asset, with the stated goal of adding a stable, manageable multi-family component to an existing portfolio or starting an income-focused investment. Interested buyers should review the rental details during due diligence and confirm current terms as part of any showing or underwriting process.
Local Financial Insights For Apartment 5plus
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 | $81.5k | $30.36 |
| − Vacancy | −$4.7k | −$1.76 |
| EGI | $76.8k | $28.60 |
| − OpEx | −$34.6k | −$12.87 |
| NOI | $42.2k | $15.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.2324
- Latitude
- 39.9619
