Turnkey Six-Bedroom Rental
PHILADELPHIA, PA 19104 Philadelphia, PA 19104
Philadelphia, PA, 19104
$675,000
For Sale
$675,000
SINGLE_FAMILY - PHILADELPHIA, PA
Property Size1,660 SF
Price / SF$406.63
Days on Market126
Property Features
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 3
- Standard status
- Active
- Size
- 1,660 SF
Building Details
- Year built
- 1940
Listing agency
BHHS Fox & Roach Center City-Society Hill
(215) 627-6005
Listed by
Frank DeFazio
(610) 636-4364
Added: Mar 18 Updated: Jul 17 at 10:34AM Checked: Jul 21 at 6:06PM
MLS# PAPH2595356
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 3212 Winter Street in Philadelphia, 19104, this turnkey rental offers a functional six-bedroom, two-bath layout designed to support convenient day-to-day living. The property is fully leased through August 31, 2026, generating $5,300 per month in current rental income. Annual gross rent is reported as $63,600.
Set in Powelton Village, the home is described as just steps from Drexel University and within walking distance of the University of Pennsylvania, public transit, and neighborhood dining. The seller states the property has maintained 100% occupancy with virtually no vacancy.
As presented, the home is positioned as an income-producing asset with ongoing rent coverage through 8/31/2026. The offering also notes low operating expenses, low property taxes, and low insurance costs.
Set in Powelton Village, the home is described as just steps from Drexel University and within walking distance of the University of Pennsylvania, public transit, and neighborhood dining. The seller states the property has maintained 100% occupancy with virtually no vacancy.
As presented, the home is positioned as an income-producing asset with ongoing rent coverage through 8/31/2026. The offering also notes low operating expenses, low property taxes, and low insurance costs.
Key Highlights
- 6‑bedroom, 2‑bath student rental at 3212 Winter Street (Year built 1940)
- Fully leased through August 31, 2026 at $5,300 per month for in‑place rental income
- Current annual gross rent of $63,600
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 | $42.8k | $25.80 |
| − Vacancy | −$2.4k | −$1.42 |
| EGI | $40.5k | $24.38 |
| − OpEx | −$12.1k | −$7.31 |
| NOI | $28.3k | $17.06 |
1,660 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$404.7K
$354.1K – $472.1K
NOI $28,328 @ 7.0% cap · market cap 4.20%
Second Best
Apartment 5plus
$373.0K
$326.4K – $435.2K
NOI $26,111 @ 7.0% cap · market cap 3.87%
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
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Six-bedroom, two-bath residence is fully leased through Aug 31, 2026.
Where is this duplex located?
The property is located at Philadelphia, PA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 6‑bedroom, 2‑bath student rental at 3212 Winter Street (Year built 1940); Fully leased through August 31, 2026 at $5,300 per month for in‑place rental income; Current annual gross rent of $63,600
