PHILADELPHIA, PA 19128 Philadelphia, PA 19128
MULTI_FAMILY - PHILADELPHIA, PA
- Added:
- Apr 2, 2026
- Days on Market:
- 103
- Last Refresh:
- Jul 13 at 8:06 am
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Standard status
- Active
- Size
- 1,576 SF
Building Details
- Year built
- 1960
Listing agent Michele DiPietro (215) 820-7863
Listing office BHHS Fox & Roach Center City-Society Hill PA (215) 627-6005
Listing date Apr 2, 2026
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.
Both units are currently leased and include the convenience of on-site laundry, with each unit having its own dedicated washer, dryer, and storage room. The lower level provides a 3rd bonus space that has been renovated and includes three rooms and two bathrooms, with potential for additional office or retail use.
The property is located in the Roxborough/Manayunk area of Philadelphia, just minutes from Main Street Manayunk and close to public transportation and major highways for commuting to Center City and surrounding suburbs.
Key Highlights
- 1960‑built duplex with both residential units currently leased for immediate rental income
- First‑floor 2 bed, 1 bath unit with original hardwood floors, open floor plan, and updated kitchen with stainless steel appliances and tile flooring
- Second unit features newly renovated kitchen, large living room, 1 bed, 1 bath, and ample storage
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 | $40.7k | $25.80 |
| − Vacancy | −$2.2k | −$1.42 |
| EGI | $38.4k | $24.38 |
| − OpEx | −$11.5k | −$7.31 |
| NOI | $26.9k | $17.06 |
