Manayunk/Roxborough Triplex with Carriage
For Sale
Contact for pricing
4146 Pechin St, Philadelphia, PA 19128
Triplex with updated carriage house in desirable Manayunk/Roxborough location.
Property Size3,988 SF
Price / SF$231.95
Days on Market806
Property Features for 4146 Pechin St
General Information
Standard status
Active
Size
3,988 SF
Property subtype
Multifamily
Zoning
RSA5
Building Details
Year Built
1900
Listing Agency:
The Oceanside Realty Team
Listed By:
PHL · License #Pennsylvania RS316262
Source:
Crexi
Added: May 31, 2024
Changed: Aug 13
Last Checked: May 12 at 9:08PM
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 The Oceanside Realty Team
Investment Insights
Based on property information with market context.
Located in the Manayunk/Roxborough neighborhood, 4146 Pechin St is a triplex property featuring a newly updated carriage house situated above a two-car garage. The carriage house includes a room on the first floor and a loft on the second floor. Separately, building #2 contains unit 1, a 2-bedroom, 1.5-bath unit that is currently rented, and unit 3, a recently updated 3-bedroom unit that is also currently rented. This property is situated on a corner lot within walking distance of Main St and Ridge Ave, offering convenient access to restaurants and stores. The property size is 3988 square feet.
Key Highlights
- Prime location: Walking distance to Main St and Ridge Ave in the desirable Manayunk/Roxborough neighborhood.
- Triplex property with multiple income‑generating units (two currently rented).
- Includes a newly updated carriage house above a two‑car garage.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,055
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,361,100
$1.4M
Cap Rate 7%
$972,214
$972.2K
Cap Rate 9%
$756,167
$756.2K
Market Conditions
NOI Build-Up for 3,988 SF
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.
Gross rent
$102.9K $25.80/SF
− Vacancy
−$5.7K −$1.42/SF
EGI
$97.2K $24.38/SF
− OpEx
−$29.2K −$7.31/SF
NOI
$68.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,361,100
Cap Rate 7%
$972,214
Cap Rate 9%
$756,167
Alternative Uses
Best Use
Multifamily LT 5
$972.2K
$850.7K – $1.13M
NOI $68,055 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$896.1K
$784.1K – $1.05M
NOI $62,729 @ 7.0% cap · market cap 6.78%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,856
Businesses Nearby
Explore this area
Business Placement
Demographics for 19128, PA
36,808
Population
19,006
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
5,258
Density / Sq Mi
$89,639
Median Household Income
$64,861
Median Earnings
$1,563
Median Rent
$330,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex with updated carriage house in desirable Manayunk/Roxborough location.
Where is this triplex located?
The property is located at 4146 Pechin St Philadelphia, PA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Prime location: Walking distance to Main St and Ridge Ave in the desirable Manayunk/Roxborough neighborhood.; Triplex property with multiple income‑generating units (two currently rented).; Includes a newly updated carriage house above a two‑car garage.
