Renovated Duplex with Attached
9208 Ambassador Place Philadelphia, PA 19115
9208 Ambassador Place, Philadelphia, PA, 19115
$549,900
Pending
For Sale
$549,900
Pending
Duplex offers two 2-bedroom, 2-bath units, with one vacant renovated unit and a second occupied unit plus an attached two-car garage.
Property Size2,200 SF
Days on Market18
Property Features for 9208 Ambassador Place
General Information
- Standard status
- Pending
- Size
- 2,200 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1980
Listing agency
Howard Hanna Real Estate Services
(267) 218-3687
Listed by
Kristen McDonald · License #RS335323
(267) 218-3687
Source
Compass
Added: Jul 5 Updated: Jul 21 at 12:07PM Checked: Jul 22 at 9:05AM
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 duplex features two matching residential units, each with 2 bedrooms and 2 full bathrooms, including a primary suite and a second full hall bath. The first-floor unit is vacant and has been renovated, with laminate flooring throughout and a move-in-ready layout. The second-floor unit is well maintained and currently leased, providing immediate rental income.
Additional on-site storage is available in a neat and tidy basement. Each unit has its own laundry equipment, with two washers and two dryers (one set dedicated to each unit). The property also includes a two-car attached garage with inside access. Located on a quiet cul-de-sac, the home is described as being minutes from shopping, dining, parks, and major commuter routes.
Additional on-site storage is available in a neat and tidy basement. Each unit has its own laundry equipment, with two washers and two dryers (one set dedicated to each unit). The property also includes a two-car attached garage with inside access. Located on a quiet cul-de-sac, the home is described as being minutes from shopping, dining, parks, and major commuter routes.
Key Highlights
- Duplex built in 1980 with two 2‑bedroom, 2‑full‑bath units, each including a primary suite
- First‑floor unit is vacant and renovated with laminate flooring throughout
- Second‑floor unit is occupied and has an established tenant for immediate rental income
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 | $56.8k | $25.80 |
| − Vacancy | −$3.1k | −$1.42 |
| EGI | $53.6k | $24.38 |
| − OpEx | −$16.1k | −$7.31 |
| NOI | $37.5k | $17.06 |
2,200 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$536.3K
$469.3K – $625.7K
NOI $37,543 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$494.4K
$432.6K – $576.8K
NOI $34,605 @ 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
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex offers two 2-bedroom, 2-bath units, with one vacant renovated unit and a second occupied unit plus an attached two-car garage.
Where is this duplex located?
The property is located at 9208 Ambassador Place Philadelphia, PA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Duplex built in 1980 with two 2‑bedroom, 2‑full‑bath units, each including a primary suite; First‑floor unit is vacant and renovated with laminate flooring throughout; Second‑floor unit is occupied and has an established tenant for immediate rental income
