Totally Renovated Duplex with
7750 Rockwell Avenue Philadelphia, PA 19111
7750 Rockwell Avenue, Philadelphia, PA, 19111
$527,000
For Sale
$527,000
Renovated duplex with separate utilities, private rear parking, and a move-in ready second unit setup.
Property Size2,040 SF
Price / SF$258.33
Days on Market141
Property Features for 7750 Rockwell Avenue
General Information
- Standard status
- Active
- Size
- 2,040 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1925
Listing Agency
RE/MAX Results
(856) 222-0077
Listed by
Francis Brennan
Source
Thetristaterealestategroup
Added: Feb 27 Checked: Jul 17 at 3:42 am
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 Results
Investment Insights
Based on property information with market context.
This totally renovated duplex offers two independently run units with separate utilities. The second-floor unit features a bi-level layout with a cathedral ceiling, a brand-new kitchen with granite countertops and stainless steel appliances, and new flooring throughout. The space includes two newly updated full bathrooms with marble finishes and walk-in showers, recessed lighting, updated vanities, and a balcony off the living space. The first-floor unit has updated finishes, including newer backsplash and countertop, fresh paint, updated electrical panel, new flooring, and updated vanities, with updated plumbing and electrical throughout and newer systems.
The property is described as being in the heart of the Fox Chase area, with nearby amenities, and the area provides a commute of about 30 minutes by train to Center City. Both units are positioned for independent operation, supported by separate utilities. Private rear parking is available.
For buyers, the layout supports either owner-occupancy or an investor setup with existing income from the first-floor tenant, who is described as willing to stay at $1,700 per month plus utilities. The second-floor unit is currently vacant, allowing flexibility to prepare it for a new lease. Recent updates highlighted in the remarks include a separate new HVAC system slated for 2026 and new roof and siding with updated plumbing and electrical throughout.
The property is described as being in the heart of the Fox Chase area, with nearby amenities, and the area provides a commute of about 30 minutes by train to Center City. Both units are positioned for independent operation, supported by separate utilities. Private rear parking is available.
For buyers, the layout supports either owner-occupancy or an investor setup with existing income from the first-floor tenant, who is described as willing to stay at $1,700 per month plus utilities. The second-floor unit is currently vacant, allowing flexibility to prepare it for a new lease. Recent updates highlighted in the remarks include a separate new HVAC system slated for 2026 and new roof and siding with updated plumbing and electrical throughout.
Key Highlights
- Renovated duplex with separate utilities for each unit—first floor has a tenant paying $1,700/mo plus utilities; second floor is vacant with $2,300/mo potential.
- Bi‑level 3‑bedroom on the second floor with cathedral ceiling, 2 full bathrooms, marble finishes, and walk‑in showers.
- Brand‑new kitchen with granite countertops, new cabinets, new backsplash, and new stainless steel appliances.
Local 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 | $40.4k | $19.80 |
| − Vacancy | −$1.3k | −$0.62 |
| EGI | $39.1k | $19.18 |
| − OpEx | −$11.7k | −$5.75 |
| NOI | $27.4k | $13.43 |
2,040 SF · lease $19.80/SF/yr · vacancy 3.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$391.3K
$342.4K – $456.5K
NOI $27,389 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$360.8K
$315.7K – $421.0K
NOI $25,258 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$618.5K
$541.2K – $721.6K
NOI $43,296 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Renovated duplex with separate utilities, private rear parking, and a move-in ready second unit setup.
Where is this duplex located?
The property is located at 7750 Rockwell Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $527,000.
What are key features of this property?
This property features: Renovated duplex with separate utilities for each unit—first floor has a tenant paying $1,700/mo plus utilities; second floor is vacant with $2,300/mo potential.; Bi‑level 3‑bedroom on the second floor with cathedral ceiling, 2 full bathrooms, marble finishes, and walk‑in showers.; Brand‑new kitchen with granite countertops, new cabinets, new backsplash, and new stainless steel appliances.
