Renovated Duplex with Central
For Sale
$299,500
925 S 60Th Street, Philadelphia, PA 19143
Renovated duplex with two separately metered units, each with central air, currently rented and ready for investor use.
Property Size1,527 SF
Price / SF$196.14
Days on Market121
Property Features for 925 S 60Th Street
General Information
Standard status
Active
Size
1,527 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Utilities to Site
Yes
Amenities
Windows,Unfinished
Natural Gas
Yes
No
Replacement,Screens
Assessor
Bathroom - Tub Shower,Upgraded Countertops
No Pool
(2) Refrigerators,(2) Ranges,all lighting fixtures and window treatments
Public
Insulated
U30
16.00 x 100.00
0.04
On Street,Driveway
Concrete Driveway
Exterior Lighting,Sidewalks,Street Lights
Block
38340.00
1
Building Details
Building Size
1,527 SF
Year Built
1920
Year Renovated
2015
Buildings
1
Tenancy
Multi
Listing Agency:
RE/MAX Ready
(856) 222-0077
Listed By:
Francis Brennan
Source:
Thetristaterealestategroup
Added: Apr 2
Changed: Jul 30
Last Checked: Jul 31 at 3:41AM
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 RE/MAX Ready
Investment Insights
Based on property information with market context.
This renovated duplex offers two spacious 2-bedroom, 1-bath units. Both units are equipped with central air and have separate utility metering for electric, gas, and water, with each unit also served by its own HVAC system and two hot water heaters. Interior updates include wood cabinet kitchens, granite countertops, recessed lighting, and wood flooring throughout, with tile work and newer vanities in both bathrooms. Large double-pane insulated windows and ceiling fans support comfortable day-to-day living.
The property has an unfinished basement with windows and access from the exterior, along with upgraded PEX plumbing. Unit One includes a private deck, and the exterior features a stucco finish with a large covered front porch, individual mailboxes, and an open front yard with a brick partition wall. Off-street parking is available at the rear via a concrete driveway (1 parking space total). Fully renovated in 2015 and maintained since, the building includes on-street and driveway parking, with public water and a block foundation.
The property has an unfinished basement with windows and access from the exterior, along with upgraded PEX plumbing. Unit One includes a private deck, and the exterior features a stucco finish with a large covered front porch, individual mailboxes, and an open front yard with a brick partition wall. Off-street parking is available at the rear via a concrete driveway (1 parking space total). Fully renovated in 2015 and maintained since, the building includes on-street and driveway parking, with public water and a block foundation.
Key Highlights
- Fully renovated in 2015 Duplex with two 2‑bedroom, 1‑bath units
- Central air in both units plus individual HVAC systems
- Separate electric, gas, and water metering for each unit
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 | $25.5k | $16.68 |
| − Vacancy | −$1.8k | −$1.20 |
| EGI | $23.6k | $15.48 |
| − OpEx | −$7.1k | −$4.64 |
| NOI | $16.5k | $10.83 |
1,527 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$236.3K
$206.8K – $275.7K
NOI $16,542 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$210.2K
$183.9K – $245.2K
NOI $14,713 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$523.4K
$458.0K – $610.6K
NOI $36,636 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
816
Businesses Nearby
Explore this area
Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Renovated duplex with two separately metered units, each with central air, currently rented and ready for investor use.
Where is this duplex located?
The property is located at 925 S 60Th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: Fully renovated in 2015 Duplex with two 2‑bedroom, 1‑bath units; Central air in both units plus individual HVAC systems; Separate electric, gas, and water metering for each unit