Corner Triplex With Rooftop
920 North 15th Street Philadelphia, PA 19130
For Sale
$1,250,000
Turnkey corner triplex with three rental units, in-unit laundry, and private outdoor space including a bi-level rooftop deck.
Property Size5,000 SF
Price / SF$250
Days on Market79
Property Features for 920 North 15th Street
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 2022
Listing Agency:
Howard Hanna Real Estate Services
(267) 353-4123
Listed By:
Haralabos Kiziroglou · License #RS337549
(267) 353-4123
Source:
Compass
Added: May 6
Changed: Jul 21
Last Checked: Jul 23 at 8:59AM
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 Howard Hanna Real Estate Services
Investment Insights
Based on property information with market context.
This fully stabilized corner triplex features three rental units and turnkey interior amenities. Unit 1 offers 3 bedrooms, 3 full bathrooms, and a private rear yard. Unit 2 includes 2 bedrooms, 1 full bathroom, and a private balcony. Unit 3 has 2 bedrooms, 2 full bathrooms, and an expansive bi-level rooftop deck.
Across all units, the layout emphasizes open-concept living with oversized windows, hardwood flooring, and 9-foot ceilings. Each unit includes in-unit laundry, video intercom systems, and designer kitchens with custom cabinetry, stainless steel appliances, dishwashers, garbage disposals, and large islands. The bathrooms are described as spa-inspired, and the property includes spacious bedroom layouts.
The property is positioned in Francisville and is described as being steps from Fairmount and local dining, coffee, parks, and retail destinations. Convenient access to Broad Street and the Girard Station is noted for commuting throughout the city. Financials are available upon request.
Across all units, the layout emphasizes open-concept living with oversized windows, hardwood flooring, and 9-foot ceilings. Each unit includes in-unit laundry, video intercom systems, and designer kitchens with custom cabinetry, stainless steel appliances, dishwashers, garbage disposals, and large islands. The bathrooms are described as spa-inspired, and the property includes spacious bedroom layouts.
The property is positioned in Francisville and is described as being steps from Fairmount and local dining, coffee, parks, and retail destinations. Convenient access to Broad Street and the Girard Station is noted for commuting throughout the city. Financials are available upon request.
Key Highlights
- Corner triplex built in 2022 with three rental units and in‑unit laundry
- Unit 1: 3 bed, 3 full bath, plus a private rear yard
- Unit 2: 2 bed, 1 full bath with a private balcony
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 | $129.0k | $25.80 |
| − Vacancy | −$7.1k | −$1.42 |
| EGI | $121.9k | $24.38 |
| − OpEx | −$36.6k | −$7.31 |
| NOI | $85.3k | $17.06 |
5,000 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.22M
$1.07M – $1.42M
NOI $85,324 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$1.12M
$983.1K – $1.31M
NOI $78,648 @ 7.0% cap · market cap 6.29%
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
Triplexes
FAQs
What type of property is this?
Triplex - Turnkey corner triplex with three rental units, in-unit laundry, and private outdoor space including a bi-level rooftop deck.
Where is this triplex located?
The property is located at 920 North 15th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Corner triplex built in 2022 with three rental units and in‑unit laundry; Unit 1: 3 bed, 3 full bath, plus a private rear yard; Unit 2: 2 bed, 1 full bath with a private balcony
