PHILADELPHIA, PA 19145 Philadelphia, PA 19145
MULTI_FAMILY - PHILADELPHIA, PA
- Added:
- Feb 27, 2026
- Days on Market:
- 133
- Last Refresh:
- Jul 10 at 10:06 pm
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Standard status
- Active
- Size
- 3,460 SF
Building Details
- Year built
- 1915
Listing agent Philly Home Advisors (267) 326-1272
Listing office BHHS Fox & Roach Center City-Society Hill PA (215) 627-6005
Listing date Feb 27, 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.
The property is prominently positioned along the Broad Street corridor in South Philadelphia’s Newbold neighborhood. It is described as steps from Methodist Hospital and the South Philadelphia Sports Complex, and near the Passyunk Avenue dining and retail corridor, with proximity to Broad Street transit for access to Center City.
According to the provided information, the units are currently leased for $2,100 per month (Unit 1), $2,200 per month (Unit 2), and $2,100 per month (Unit 3), totaling $6,400 per month in gross residential income ($76,800 annually).
Key Highlights
- 3‑unit multifamily in South Philadelphia (Newbold) on S Broad St; built in 1915
- Unit mix: two 2BR/2BA units and one 3BR/2BA unit
- Leased income totals $6,400/month ($76,800/year) across the 3 units
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 | $89.3k | $25.80 |
| − Vacancy | −$4.9k | −$1.42 |
| EGI | $84.3k | $24.38 |
| − OpEx | −$25.3k | −$7.31 |
| NOI | $59.0k | $17.06 |
