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Fully Renovated Triplex with In-Unit Laundry

907 BELMONT Avenue Philadelphia, PA 19104

907 BELMONT Avenue, Philadelphia, PA, 19104
$440,000
For Sale
Claim this Listing
$440,000

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,923 SF
Lot Size0.03 Acres
Price / SF$228.81
AddedMar 25
Days on Market113
Last RefreshJul 15 at 12:06 pm

Property Features for 907 BELMONT Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Standard status
Active
Size
1,923 SF
Lot size
0.03 Acres

Taxes and HOA fees

Tax Annual Amount
3272

Utilities

Heating system
Forced Air
Cooling system
Ductless

Building Details

Year built
1915
Number of units
3
Building materials
Masonry
Architectural style
Other

Listing agent Starr Smith License #1859517111111

Listing office Keller Williams Main Line 6 Coulter Avenue unit: 2, Ardmore, PA

Listing date Mar 25, 2026

MLS# PAPH2599386 Listing URL

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Fully renovated triplex at 907 Belmont Avenue offering three distinct rental units. The property includes two spacious 2-bedroom units and one 1-bedroom unit. Washer and dryer are included in each unit, supporting convenient, resident-ready occupancy. The layout is designed for straightforward income generation with all units updated and ready to rent.

Located in Philadelphia, this income-producing property sits in a rental corridor near Philadelphia Zoo and University City, with convenient access to Interstate 76. The area’s connectivity can support tenant demand from nearby employment and education centers, while keeping Center City within easy reach.

The configuration can work well for investors seeking turnkey, immediately rentable cash-flow potential, with projected gross rental income of approximately $4,500 per month (about $54,000 annually). It can also suit an owner-occupant plan where one unit is lived in while the remaining units provide rental income to help offset ownership costs.

Key Highlights

  • Income‑producing triplex generating approximately $4,500/month ($54,000 annually).
  • Fully renovated and turnkey, ready for immediate occupancy and rental income.
  • Located in a high‑demand rental corridor near Philadelphia Zoo and University City, with convenient access to Interstate 76 and Center City.

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 $49.6k $25.80
− Vacancy −$2.7k −$1.42
EGI $46.9k $24.38
− OpEx −$14.1k −$7.31
NOI $32.8k $17.06
1,923 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$468.8K
$410.2K – $546.9K (±1% cap)
NOI $32,816 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$432.1K
$378.1K – $504.1K (±1% cap)
NOI $30,248 @ 7.0% cap · market cap 6.87%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Electrical Service HVAC Service Dental Office Acupuncture Accounting Firm (Bike/Boat/Book/etc) Store Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Turnkey triplex with two 2-bedroom units and one 1-bedroom unit, each with washer/dryer included.
Where is this triplex located?
The property is located at 907 BELMONT Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Income‑producing triplex generating approximately $4,500/month ($54,000 annually).; Fully renovated and turnkey, ready for immediate occupancy and rental income.; Located in a high‑demand rental corridor near Philadelphia Zoo and University City, with convenient access to Interstate 76 and Center City.
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