Torresdale Duplex with Garage
9966 Lackland Drive Philadelphia, PA 19114
For Sale
$474,999
Pending
Well-maintained duplex in Northeast Philadelphia with income potential.
Property Size1,806 SF
Days on Market69
Property Features for 9966 Lackland Drive
General Information
- Standard status
- Pending
- Size
- 1,806 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1973
Listing Agency:
Better Homes Realty Group
(215) 938-7800
Listed By:
Richard Lydon · License #RS334432
(215) 938-7800
Source:
Compass
Added: May 19
Changed: Jul 10
Last Checked: Jul 26 at 1:16PM
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 Better Homes Realty Group
Investment Insights
Based on property information with market context.
Located in the Torresdale section of Northeast Philadelphia, 9966 Lackland Drive is a well-maintained duplex. This solid brick, income-producing property features two spacious 2-bedroom, 1-bath units, each with separate utilities. The property is suitable for both investors and owner-occupants. Each apartment includes bright living spaces, updated kitchens and baths, generous bedroom sizes, and ample closet space with lighting in most closets. Major upgrades have been completed within the last couple of years. Newer carpet, stainless-steel appliances, and tiled bathrooms are among the features. The property includes garage parking and a private driveway. The two-car garage has been rented for extra income monthly, creating three income-producing spaces. Each unit has its own washer and dryer. The property is conveniently situated near Holy Family University, shopping, dining, major highways, and public transportation. The property offers strong rental potential in a highly sought-after neighborhood. The property size is 1806 square feet.
Key Highlights
- Income‑producing duplex in desirable Torresdale, Northeast Philadelphia.
- Two spacious 2‑bedroom, 1‑bath units with separate utilities and individual washer/dryer.
- Updated kitchens and baths feature stainless‑steel appliances and tiled bathrooms.
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 | $46.6k | $25.80 |
| − Vacancy | −$2.6k | −$1.42 |
| EGI | $44.0k | $24.38 |
| − OpEx | −$13.2k | −$7.31 |
| NOI | $30.8k | $17.06 |
1,806 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$440.3K
$385.2K – $513.7K
NOI $30,819 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$405.8K
$355.1K – $473.5K
NOI $28,408 @ 7.0% cap · market cap 5.98%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex in Northeast Philadelphia with income potential.
Where is this duplex located?
The property is located at 9966 Lackland Drive Philadelphia, PA.
What is the asking price?
The asking price for this property is $474,999.
What are key features of this property?
This property features: Income‑producing duplex in desirable Torresdale, Northeast Philadelphia.; Two spacious 2‑bedroom, 1‑bath units with separate utilities and individual washer/dryer.; Updated kitchens and baths feature stainless‑steel appliances and tiled bathrooms.
