New Construction
For Sale
$1,325,000
810 N Uber St, Philadelphia, PA 19130
Newly built four-unit property offering (4) 2BR apartments with multiple bath configurations and rooftop access from one unit.
Property Size4,625 SF
Price / SF$286.49
Days on Market197
Property Features for 810 N Uber St
General Information
Standard status
Active
Size
4,625 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Francisville
Additional Details
Multifamily Units
4
Building Details
Year Built
2020
Listing Agency:
Keller Williams Main Line
Listed By:
Denise A Frazier · License #AB067937
(215) 421-3362
Source:
Bethsamberg
Added: Apr 11
Changed: Oct 8
Last Checked: Oct 7 at 1:49PM
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 Keller Williams Main Line
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Investment Insights
Based on property information with market context.
New construction quadruplex featuring four (4) 2-bedroom units. Unit 1 offers 2BR with 2.5 baths. Unit 2 offers 2BR with 2.5 baths. Unit 3 offers 2BR with 2 baths. Unit 4 offers 2BR with 2 baths and includes private access to a roof deck, along with a balcony off the living room. A lease is in place for Unit 4 at $2,750 per month.
The property is marketed for rent, and the expected gross monthly rent is approximately $10,000. It also includes a 10-year tax abatement. Floor plans and zoning submission information are available.
Construction is expected to be finished by 12/1/2020.
The property is marketed for rent, and the expected gross monthly rent is approximately $10,000. It also includes a 10-year tax abatement. Floor plans and zoning submission information are available.
Construction is expected to be finished by 12/1/2020.
Key Highlights
- New construction quadruplex with (4) 2BR units
- Unit mix: 2BR/2.5BA (1,120 SF and 1,220 SF), plus two 2BR/2BA units (1,200 SF and 1,085 SF)
- Unit 4 includes private roof‑deck access and a balcony off the living room (lease in place for $2,750/month)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,925
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,578,500
$1.6M
Cap Rate 7%
$1,127,500
$1.1M
Cap Rate 9%
$876,944
$876.9K
Market Conditions
NOI Build-Up for 4,625 SF
Gross rent
$119.3K $25.80/SF
− Vacancy
−$6.6K −$1.42/SF
EGI
$112.8K $24.38/SF
− OpEx
−$33.8K −$7.31/SF
NOI
$78.9K $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%
$1,578,500
Cap Rate 7%
$1,127,500
Cap Rate 9%
$876,944
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$986.6K – $1.32M
NOI $78,925 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$1.04M
$909.4K – $1.21M
NOI $72,749 @ 7.0% cap · market cap 5.49%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,806
Businesses Nearby
Explore this area
Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Newly built four-unit property offering (4) 2BR apartments with multiple bath configurations and rooftop access from one unit.
Where is this quadplex located?
The property is located at 810 N Uber St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: New construction quadruplex with (4) 2BR units; Unit mix: 2BR/2.5BA (1,120 SF and 1,220 SF), plus two 2BR/2BA units (1,200 SF and 1,085 SF); Unit 4 includes private roof‑deck access and a balcony off the living room (lease in place for $2,750/month)
