Updated End-of-Row
8728 GILLESPIE STREET Philadelphia, PA 19136
New
For Sale
$409,900
Updated end-of-row duplex with two bedrooms per unit, a full basement, and fenced rear yard.
Property Size1,600 SF
Price / SF$256.19
Days on Market7
Property Features for 8728 GILLESPIE STREET
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1963
Listing Agency:
Keller Williams Real Estate Tri-County
(267) 238-7156
Listed By:
Giovanni Carpino
(267) 238-7156
Source:
Cummingsrealtors
Added: Jul 18
Changed: Jul 21
Last Checked: Jul 23 at 5:24AM
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 Real Estate Tri-County
Investment Insights
Based on property information with market context.
This updated end-of-row duplex offers two fully updated units with a living room, dining area, updated kitchens, two bedrooms, and a full hall bathroom on the first floor and a renovated full bathroom on the second floor. A full basement provides storage, separate utility areas, laundry, and direct access to a detached two-car garage. Off-street parking is supported by a private driveway, and the home also features an expansive fenced rear yard.
Located in the Pennypack section of Northeast Philadelphia, the property is described as being minutes from Pennypack Park, shopping, restaurants, schools, public transportation, and with easy access to I-95.
The layout provides a straightforward two-unit configuration with dedicated living areas above and functional utility and parking support below and at the rear.
Located in the Pennypack section of Northeast Philadelphia, the property is described as being minutes from Pennypack Park, shopping, restaurants, schools, public transportation, and with easy access to I-95.
The layout provides a straightforward two-unit configuration with dedicated living areas above and functional utility and parking support below and at the rear.
Key Highlights
- Updated end‑of‑row duplex built in 1963 with two bedrooms per unit
- First‑floor unit layout: living room, dining area, updated kitchen, 2 bedrooms, full hall bathroom
- Second‑floor unit layout: living room, dining area, updated kitchen, 2 bedrooms, renovated full bathroom
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 | $41.3k | $25.80 |
| − Vacancy | −$2.3k | −$1.42 |
| EGI | $39.0k | $24.38 |
| − OpEx | −$11.7k | −$7.31 |
| NOI | $27.3k | $17.06 |
1,600 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$390.1K
$341.3K – $455.1K
NOI $27,304 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$359.5K
$314.6K – $419.5K
NOI $25,167 @ 7.0% cap · market cap 6.14%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Updated end-of-row duplex with two bedrooms per unit, a full basement, and fenced rear yard.
Where is this duplex located?
The property is located at 8728 GILLESPIE STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: Updated end‑of‑row duplex built in 1963 with two bedrooms per unit; First‑floor unit layout: living room, dining area, updated kitchen, 2 bedrooms, full hall bathroom; Second‑floor unit layout: living room, dining area, updated kitchen, 2 bedrooms, renovated full bathroom
