Duplex Residential Income
For Sale
$375,000
6919 SYLVESTER STREET, Philadelphia, PA 19149
Duplex residential income property offered for sale in Philadelphia, PA.
Property Size1,716 SF
Price / SF$218.53
Days on Market16
Property Features for 6919 SYLVESTER STREET
General Information
Standard status
Active
Size
1,716 SF
Property subtype
Duplex
Building Details
Year Built
1950
Listing Agency:
RE/MAX 2000
(215) 768-0392
Listed By:
Simone Silva · License #RS358091
(215) 768-0392
Source:
Cummingsrealtors
Added: Jul 16
Changed: Jul 25
Last Checked: Jul 30 at 5:43AM
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 RE/MAX 2000
Investment Insights
Based on property information with market context.
This duplex residential income property is offered for sale. The property totals 1,716 square feet.
The address is 6919 Sylvester Street in Philadelphia, Pennsylvania.
As a duplex, the building is structured to support two separate residential units within a single property.
The address is 6919 Sylvester Street in Philadelphia, Pennsylvania.
As a duplex, the building is structured to support two separate residential units within a single property.
Key Highlights
- Duplex residential income property for sale in Philadelphia, PA
- Built in 1950
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 | $36.0k | $21.00 |
| − Vacancy | −$1.1k | −$0.66 |
| EGI | $34.9k | $20.34 |
| − OpEx | −$10.5k | −$6.10 |
| NOI | $24.4k | $14.24 |
1,716 SF · lease $21.00/SF/yr · vacancy 3.13% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$3.29M
$2.87M – $3.83M
NOI $229,989 @ 7.0% cap · market cap 61.33%
Second Best
Multifamily LT 5
$349.1K
$305.5K – $407.3K
NOI $24,436 @ 7.0% cap · market cap 6.52%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,723
Businesses Nearby
Explore this area
Business Placement
Demographics for 19149, PA
60,408
Population
20,810
Households
2.9
Avg Household Size
33
Median Age
15%
College-Educated
76%
High-School Grad
2.4 sq mi
ZIP Area
25,170
Density / Sq Mi
$54,679
Median Household Income
$33,111
Median Earnings
$1,484
Median Rent
$198,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex residential income property offered for sale in Philadelphia, PA.
Where is this duplex located?
The property is located at 6919 SYLVESTER STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Duplex residential income property for sale in Philadelphia, PA; Built in 1950
