PHILADELPHIA, PA 19147 Philadelphia, PA 19147
MULTI_FAMILY - PHILADELPHIA, PA
- Added:
- Feb 4, 2026
- Days on Market:
- 156
- Last Refresh:
- Jul 10 at 10:06 pm
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2
- Standard status
- Active
- Size
- 2,430 SF
Building Details
- Year built
- 2008
Listing agent Patrick Conway License #RS217990L (215) 266-1537
Listing office BHHS Fox & Roach Center City-Society Hill PA (215) 627-6005
Listing date Feb 4, 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 located in Philadelphia’s Queen Village area and is described as Fabric Row. The structure was built from the ground up using concrete block.
Designed as a true live-and-work setup, the configuration separates commercial space from residential units while keeping the overall building self-contained with apartment access on the upper floors.
Key Highlights
- Built in 2008 with concrete block construction
- Includes 2 commercial spaces: 1st‑floor and basement with large open floor plan, marble floors, full bath, and private yard
- 2 newer 1‑bedroom apartments on the 2nd and 3rd floors
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 | $62.7k | $25.80 |
| − Vacancy | −$3.5k | −$1.42 |
| EGI | $59.2k | $24.38 |
| − OpEx | −$17.8k | −$7.31 |
| NOI | $41.5k | $17.06 |
