Updated Duplex with Separate
For Sale
$349,900
7904 BRADFORD STREET, Philadelphia, PA 19152
Two similar units offer updated kitchens, spacious living areas, storage, and shared laundry access.
Property Size1,475 SF
Days on Market64
Property Features for 7904 BRADFORD STREET
General Information
Standard status
Active
Size
1,475 SF
Property subtype
Duplex
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,508
Amenities
common laundry
Building Details
Building Size
1,475 SF
Year Built
1957
Buildings
1
Listing Agency:
BHHS Fox & Roach-Jenkintown
Listed By:
Timothy C Hinchcliff · License #RS176920L
(215) 887-0400
Source:
Lizclarkrealestate
Added: Aug 8
Changed: Oct 6
Last Checked: Oct 9 at 11:49PM
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 BHHS Fox & Roach-Jenkintown
Investment Insights
Based on property information with market context.
Built in 1957, this duplex contains two units with similar floor plans and separate entrances. Each unit includes a large living room, eat-in kitchen, spacious bedroom accommodations, and substantial storage. The first-floor unit has a second bedroom in a finished basement area, while the upper unit has exterior access. Common laundry and utility space serves the property, with interior access for the first-floor occupants.
Recent updates include the kitchens and roof maintenance. Gas and electric utilities are separately metered for each unit. The property is situated on a residential street near shopping areas and public transportation, with access to the surrounding amenities of Philadelphia.
Recent updates include the kitchens and roof maintenance. Gas and electric utilities are separately metered for each unit. The property is situated on a residential street near shopping areas and public transportation, with access to the surrounding amenities of Philadelphia.
Key Highlights
- Duplex with two similar floor plans and separate entrances
- Updated kitchens and recently maintained roof
- Separate gas and electric utilities for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,171
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,420
$503.4K
Cap Rate 7%
$359,586
$359.6K
Cap Rate 9%
$279,678
$279.7K
Market Conditions
NOI Build-Up for 1,475 SF
Gross rent
$38.1K $25.80/SF
− Vacancy
−$2.1K −$1.42/SF
EGI
$36.0K $24.38/SF
− OpEx
−$10.8K −$7.31/SF
NOI
$25.2K $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%
$503,420
Cap Rate 7%
$359,586
Cap Rate 9%
$279,678
Alternative Uses
Best Use
Multifamily LT 5
$359.6K
$314.6K – $419.5K
NOI $25,171 @ 7.0% cap · market cap 7.19%
Second Best
Apartment 5plus
$331.4K
$290.0K – $386.7K
NOI $23,201 @ 7.0% cap · market cap 6.63%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,501
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two similar units offer updated kitchens, spacious living areas, storage, and shared laundry access.
Where is this duplex located?
The property is located at 7904 BRADFORD STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Duplex with two similar floor plans and separate entrances; Updated kitchens and recently maintained roof; Separate gas and electric utilities for each unit
