PHILADELPHIA, PA 19106 Philadelphia, PA 19106
MULTI_FAMILY - PHILADELPHIA, PA
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Standard status
- Active
- Size
- 3,200 SF
Building Details
- Year built
- 1910
Listing agent Patrick Conway License #RS217990L (215) 266-1537
Listing office BHHS Fox & Roach Center City-Society Hill PA (215) 627-6005
Listing date Jul 8, 2024
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.
A clean, dry basement runs the length of the property and includes three separate rooms, a full bath, a walk-in closet, extensive storage, and a dedicated mechanical room. Recent updates include a new roof and all new hot water heaters. The first- and second-floor units are currently vacant.
The building runs approximately 78 feet deep and provides a total of about 3,200 square feet of living space across the three units.
Key Highlights
- 1910‑built triplex with 3 separate self‑contained units and 3,200+ sq ft of living space
- 78 ft deep property with a brick facade and newer windows
- 1st‑floor unit: huge 3‑bedroom with 2 full baths, soaring ceilings, solid oak hardwood floors, eat‑in kitchen, and side breezeway
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 | $82.6k | $25.80 |
| − Vacancy | −$4.5k | −$1.42 |
| EGI | $78.0k | $24.38 |
| − OpEx | −$23.4k | −$7.31 |
| NOI | $54.6k | $17.06 |
