Duplex with Private Patios and
943 East Gorgas Lane Philadelphia, PA 19150
943 East Gorgas Lane, Philadelphia, PA, 19150
$385,000
Pending
For Sale
$385,000
Pending
Two 2-bedroom, 1-bath units with separate utilities, private outdoor space, and a two-car attached garage.
Property Size1,952 SF
Days on Market30
Property Features for 943 East Gorgas Lane
General Information
- Standard status
- Pending
- Size
- 1,952 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1950
Listing agency
BHHS Fox & Roach-Media
(610) 812-6763
Listed by
Susan Orloff · License #RS207153L
(610) 812-6763
Source
Compass
Added: Jun 24 Updated: Jul 21 at 2:14AM Checked: Jul 22 at 8:09AM
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 BHHS Fox & Roach-Media
Investment Insights
Based on property information with market context.
This duplex offers two separate, sun-filled residential units, each with 2 bedrooms and 1 bathroom. Floor plans include a living room and a casual dining area, with full bathrooms featuring a relaxing tub and a separate stall shower. Outdoor space is private for each unit, with a first-floor patio and a second-floor terrace. A massive shared basement includes washer and dryer hookups, along with individual storage areas and a powder room.
The property includes separate utilities for each unit and features a two-car attached garage plus off-street parking for two additional vehicles. It is located in Philadelphia County with a commuter rail station less than 1 mile away, providing convenient access to transportation.
The layout supports both owner-occupancy and rental use, with distinct units and private outdoor areas as well as dedicated utility service.
The property includes separate utilities for each unit and features a two-car attached garage plus off-street parking for two additional vehicles. It is located in Philadelphia County with a commuter rail station less than 1 mile away, providing convenient access to transportation.
The layout supports both owner-occupancy and rental use, with distinct units and private outdoor areas as well as dedicated utility service.
Key Highlights
- Duplex with two 2‑bedroom, 1‑bath units, each with a living room and casual dining area
- Separate utilities for each unit
- First‑floor unit has a private patio; second‑floor unit has a private terrace
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 | $50.4k | $25.80 |
| − Vacancy | −$2.8k | −$1.42 |
| EGI | $47.6k | $24.38 |
| − OpEx | −$14.3k | −$7.31 |
| NOI | $33.3k | $17.06 |
1,952 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$475.9K
$416.4K – $555.2K
NOI $33,311 @ 7.0% cap · market cap 8.65%
Second Best
Apartment 5plus
$438.6K
$383.8K – $511.7K
NOI $30,704 @ 7.0% cap · market cap 7.98%
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 - Two 2-bedroom, 1-bath units with separate utilities, private outdoor space, and a two-car attached garage.
Where is this duplex located?
The property is located at 943 East Gorgas Lane Philadelphia, PA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Duplex with two 2‑bedroom, 1‑bath units, each with a living room and casual dining area; Separate utilities for each unit; First‑floor unit has a private patio; second‑floor unit has a private terrace
