Residential Income Property with Central
For Sale
$449,900
Pending
7529 Horrocks St, Philadelphia, PA 19152
1962-built property with forced-air heating, natural gas, and attached exterior features.
Property Size2,080 SF
Days on Market107
Property Features for 7529 Horrocks St
General Information
Standard status
Pending
Size
2,080 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
RSA3
Site & Location
Neighborhood
Northeast Philadelphia
Taxes and HOA fees
Annual Taxes
$5,803
Amenities
Central Air
Forced Air, Natural Gas
Attached
Other
Building Details
Building Size
2,080 SF
Year Built
1962
Listing Agency:
Real of Pennsylvania
Listed By:
Amanda Renee McBride · License #RS341226
(267) 574-1192
Source:
Evrealestate
Added: Jul 9
Changed: Oct 12
Last Checked: Oct 23 at 7:48AM
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 Real of Pennsylvania
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property was built in 1962 and measures 2,080 as listed in the property record. Interior systems include central air and forced-air heating powered by natural gas. The property is identified with RSA3 zoning and includes an attached exterior feature. The address is 7529 Horrocks St in Philadelphia, Pennsylvania.
Key Highlights
- 2,080 property size as listed
- Built in 1962
- Central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,717
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,340
$654.3K
Cap Rate 7%
$467,386
$467.4K
Cap Rate 9%
$363,522
$363.5K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$63.1K $30.36/SF
− Vacancy
−$3.7K −$1.76/SF
EGI
$59.5K $28.60/SF
− OpEx
−$26.8K −$12.87/SF
NOI
$32.7K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,340
Cap Rate 7%
$467,386
Cap Rate 9%
$363,522
Alternative Uses
Best Use
Apartment 5plus
$467.4K
$409.0K – $545.3K
NOI $32,717 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$507.1K
$443.7K – $591.6K
NOI $35,495 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Location Intelligence
Trade Area within ½ mile
1,616
Businesses Nearby
Explore this area
Business Placement
Demographics for 19152, PA
35,911
Population
13,715
Households
2.6
Avg Household Size
41
Median Age
28%
College-Educated
88%
High-School Grad
2.9 sq mi
ZIP Area
12,383
Density / Sq Mi
$57,966
Median Household Income
$40,428
Median Earnings
$1,236
Median Rent
$270,000
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
Frequently Asked Questions
What type of property is this?
Residential income property - 1962-built property with forced-air heating, natural gas, and attached exterior features.
Where is this residential income property located?
The property is located at 7529 Horrocks St Philadelphia, PA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 2,080 property size as listed; Built in 1962; Central air conditioning
