PHILADELPHIA, PA 19147 Philadelphia, PA 19147
MULTI_FAMILY - PHILADELPHIA, PA
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Standard status
- Active
- Size
- 2,826 SF
Building Details
- Year built
- 1915
Listing agent Gregory J. Damis (484) 324-8326
Listing office BHHS Fox & Roach Center City-Society Hill PA (215) 627-6005
Listing date Jul 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.
Basement access is from the outside sidewalk, and the basement includes a full bathroom. The basement layout provides potential to be converted into an additional unit or reconnected to the first-floor unit to create a larger residence or an owner’s suite.
Tenants split the water bill and pay their own full electric and gas bills. No same-day showings are available.
Key Highlights
- Fully occupied 3‑unit triplex (built 1915) with three 2‑bedroom, 1‑bath units
- Each unit features hardwood floors, stainless steel appliances, and in‑unit laundry
- Units receive natural light from large windows; first‑floor unit includes a small patio off the kitchen
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 | $72.9k | $25.80 |
| − Vacancy | −$4.0k | −$1.42 |
| EGI | $68.9k | $24.38 |
| − OpEx | −$20.7k | −$7.31 |
| NOI | $48.2k | $17.06 |
