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Well-Maintained Duplex with Separate Utilities
For Sale
$359,000

76 W SHARPNACK ST, Philadelphia, PA 19119

A duplex featuring separate electric, gas, and hot water meters for each unit.

Property Size1,500 SF
Price / SF$239.33
Days on Market95

Property Features for 76 W SHARPNACK ST

General Information

Standard status Active
Size 1,500 SF
Property subtype Multi-family
Listing Agency: Keller Williams Main Line
Listed By: Joshua M. Pagan · License #RS343730
Source: Lakehomesbyliz
Added: Jul 8 Changed: Sep 28 Last Checked: Oct 9 at 7:32PM

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 Keller Williams Main Line

Investment Insights

Based on property information with market context.

This well-maintained duplex includes separate units with individual metering for electricity, gas, and hot water. The first-floor unit is a 1-bedroom apartment with a private entrance, and it is currently occupied by a long-term tenant with no plans to move. The second and third floors offer a recently renovated 3-bedroom home with modern finishes and abundant natural light.

The property is located in Mt. Airy near local shops, restaurants, and public transportation, with proximity to Manayunk’s Main Street, Chestnut Hill, and the Wissahickon Trail.

A virtual tour is available, and floor plans are available upon request.

Key Highlights

  • Duplex with separate utility meters for each unit: electricity, gas, and hot water
  • First‑floor unit: 1‑bedroom apartment with private entrance and long‑term tenant
  • Second- and third‑floor unit: recently renovated 3‑bedroom home

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,597
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,940 $511.9K
Cap Rate 7%
$365,671 $365.7K
Cap Rate 9%
$284,411 $284.4K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$38.7K $25.80/SF
− Vacancy
−$2.1K −$1.42/SF
EGI
$36.6K $24.38/SF
− OpEx
−$11.0K −$7.31/SF
NOI
$25.6K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,940
Cap Rate 7%
$365,671
Cap Rate 9%
$284,411

Alternative Uses

Best Use
Multifamily LT 5
$365.7K
$320.0K – $426.6K (±1% cap)
NOI $25,597 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$337.1K
$294.9K – $393.2K (±1% cap)
NOI $23,594 @ 7.0% cap · market cap 6.57%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Electrical Service Parking Lot & Garage Skin Care Clinic Kitchen & Bath Showroom Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,152
Businesses Nearby

Demographics for 19119, PA

27,265
Population
13,909
Households
2
Avg Household Size
44
Median Age
55%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
8,019
Density / Sq Mi
$81,609
Median Household Income
$54,598
Median Earnings
$1,291
Median Rent
$326,600
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - A duplex featuring separate electric, gas, and hot water meters for each unit.
Where is this duplex located?
The property is located at 76 W SHARPNACK ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Duplex with separate utility meters for each unit: electricity, gas, and hot water; First‑floor unit: 1‑bedroom apartment with private entrance and long‑term tenant; Second- and third‑floor unit: recently renovated 3‑bedroom home
More about this property
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