Detached 2-Unit Duplex with
9509 CLARK STREET Philadelphia, PA 19115
For Sale
$359,900
Detached two-unit masonry duplex with separate utilities and a partially finished basement setup.
Property Size1,754 SF
Price / SF$205.19
Days on Market9
Property Features for 9509 CLARK STREET
General Information
- Standard status
- Active
- Size
- 1,754 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1965
Listing Agency:
J G McSherry LLC
(215) 745-4200
Listed By:
Joseph A. Vescovich · License #RM423202
(215) 745-4200
Source:
Cummingsrealtors
Added: Jul 16
Changed: Jul 21
Last Checked: Jul 23 at 5:31AM
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 J G McSherry LLC
Investment Insights
Based on property information with market context.
Detached two-unit masonry duplex configured as 2+2 living with two bedrooms and one full bathroom in each unit. The first-floor unit is currently vacant, while the second-floor unit is tenant occupied. A basement level provides separate utility infrastructure, including separate gas meters, separate electrical panels, separate gas-fired heating systems, and separate gas-fired hot-water.
The property is located in Northeast Philadelphia and offers convenient access to neighborhood shopping, public transportation, schools, major roadways, and commercial corridors along Bustleton Avenue and Roosevelt Boulevard.
Being sold AS IS, tenant-owned items are excluded unless otherwise agreed in writing.
The property is located in Northeast Philadelphia and offers convenient access to neighborhood shopping, public transportation, schools, major roadways, and commercial corridors along Bustleton Avenue and Roosevelt Boulevard.
Being sold AS IS, tenant-owned items are excluded unless otherwise agreed in writing.
Key Highlights
- Detached 2‑unit masonry duplex with 2 bedrooms and 1 full bath in each unit
- First‑floor unit is currently vacant; second‑floor unit is tenant occupied
- Separate utilities in basement: separate gas meters, separate electrical panels, separate gas‑fired heating and hot‑water systems
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 | $45.3k | $25.80 |
| − Vacancy | −$2.5k | −$1.42 |
| EGI | $42.8k | $24.38 |
| − OpEx | −$12.8k | −$7.31 |
| NOI | $29.9k | $17.06 |
1,754 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$427.6K
$374.2K – $498.9K
NOI $29,932 @ 7.0% cap · market cap 8.32%
Second Best
Apartment 5plus
$394.1K
$344.9K – $459.8K
NOI $27,590 @ 7.0% cap · market cap 7.67%
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
FAQs
What type of property is this?
Duplex - Detached two-unit masonry duplex with separate utilities and a partially finished basement setup.
Where is this duplex located?
The property is located at 9509 CLARK STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Detached 2‑unit masonry duplex with 2 bedrooms and 1 full bath in each unit; First‑floor unit is currently vacant; second‑floor unit is tenant occupied; Separate utilities in basement: separate gas meters, separate electrical panels, separate gas‑fired heating and hot‑water systems
