Two-Unit Duplex with
For Sale
$278,000
7125 CASTOR AVENUE, Philadelphia, PA 19149
Separate utilities and basement laundry hookups serve each residence, with a shared two-car garage providing storage.
Property Size1,360 SF
Price / SF$204.41
Days on Market10
Property Features for 7125 CASTOR AVENUE
General Information
Standard status
Active
Size
1,360 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Public Transit
Yes
Multifamily Units
2
Amenities
basement laundry hookups
Building Details
Year Built
1950
Buildings
1
Listing Agency:
Realty ONE Group Focus
(215) 396-8117
Listed By:
Melissa A. Centifonti · License #AB069149
(267) 969-1591
Source:
Cummingsrealtors
Added: Oct 14
Changed: Oct 21
Last Checked: Oct 20 at 10:36PM
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
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 1,360 square feet and was built in 1950. Each residence has separate utilities and basement laundry hookups; tenant-owned washers and dryers are not included. A two-car garage connects to the interior of the building and provides additional storage for tenants.
The property is on Castor Avenue in Northeast Philadelphia, near public transportation and major shopping malls.
The property is on Castor Avenue in Northeast Philadelphia, near public transportation and major shopping malls.
Key Highlights
- Two residential units in a 1,360‑square‑foot duplex
- Separate utilities for each unit
- Basement laundry hookups in both units; washers and dryers belong to tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,366
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,320
$387.3K
Cap Rate 7%
$276,657
$276.7K
Cap Rate 9%
$215,178
$215.2K
Market Conditions
NOI Build-Up for 1,360 SF
Gross rent
$28.6K $21.00/SF
− Vacancy
−$894 −$0.66/SF
EGI
$27.7K $20.34/SF
− OpEx
−$8.3K −$6.10/SF
NOI
$19.4K $14.24/SF
Area
ZIP 19149
Vacancy
3.13%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,320
Cap Rate 7%
$276,657
Cap Rate 9%
$215,178
Alternative Uses
Best Use
Apartment 5plus
$2.60M
$2.28M – $3.04M
NOI $182,276 @ 7.0% cap · market cap 65.57%
Second Best
Multifamily LT 5
$276.7K
$242.1K – $322.8K
NOI $19,366 @ 7.0% cap · market cap 6.97%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,579
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities and basement laundry hookups serve each residence, with a shared two-car garage providing storage.
Where is this duplex located?
The property is located at 7125 CASTOR AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $278,000.
What are key features of this property?
This property features: Two residential units in a 1,360‑square‑foot duplex; Separate utilities for each unit; Basement laundry hookups in both units; washers and dryers belong to tenants
