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Triplex with Separate Utilities

PHILADELPHIA, PA 19133 Philadelphia, PA 19133

Philadelphia, PA, 19133
$699,900
For Sale
Claim this Listing
$699,900

MULTI_FAMILY - PHILADELPHIA, PA

Property Size3,300 SF
Price / SF$212.09
AddedMay 12
Days on Market65
Last RefreshJul 15 at 1:06 pm

Property Features

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Standard status
Active
Size
3,300 SF

Building Details

Year built
2025

Listing agent Valerie Yosef

Listing office BHHS Fox & Roach Cherry Hill Home Marketing Center PA

Listing date May 12, 2026

MLS# PAPH2617120

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.

Fully completed new construction triplex in Philadelphia, PA, featuring three separate units with separate utilities for each unit. The lower level unit offers approximately 1,600 square feet with 3 bedrooms and 3 full bathrooms, including private yard access. The middle unit includes approximately 825 square feet with 2 bedrooms and 1 bathroom, with an in-unit laundry setup and a modern open layout. The top floor unit also provides 2 bedrooms and 1 bathroom, along with private roof deck access.

The property is delivered as a turnkey asset with brand-new kitchens, bathrooms, flooring, appliances, and mechanical systems, plus updated building infrastructure intended to reduce future capital expenditures and operating risk. In-unit laundry is included in every unit.

Across all three layouts, the unit mix includes both ground-level and elevated private outdoor access, supporting a straightforward tenant experience within a low-maintenance, newly constructed building.

Key Highlights

  • Under construction triplex with Year Built 2025—fully completed new construction design.
  • Three separate units with separate utilities for each unit.
  • Lower unit: approx. 1,600 SF with 3 bedrooms, 3 full bathrooms, and private yard access.

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 $85.1k $25.80
− Vacancy −$4.7k −$1.42
EGI $80.4k $24.38
− OpEx −$24.1k −$7.31
NOI $56.3k $17.06
3,300 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$804.5K
$703.9K – $938.6K (±1% cap)
NOI $56,314 @ 7.0% cap · market cap 8.05%
Second Best
Apartment 5plus
$741.5K
$648.8K – $865.1K (±1% cap)
NOI $51,907 @ 7.0% cap · market cap 7.42%
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

Triplexes

FAQs

What type of property is this?
Triplex - Fully completed new construction triplex with three units, separate utilities for each unit, and in-unit laundry.
Where is this triplex located?
The property is located at Philadelphia, PA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Under construction triplex with Year Built 2025—fully completed new construction design.; Three separate units with separate utilities for each unit.; Lower unit: approx. 1,600 SF with 3 bedrooms, 3 full bathrooms, and private yard access.
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