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Residential Income Property with Roof Deck
For Sale
$422,500

12-16 S LETITIA Street, Philadelphia, PA 19106

Commercial Sale, PHILADELPHIA, PA

Property SizeContact for details
Days on Market85

Property Features for 12-16 S LETITIA Street

General Information

Property type Other
Property subtype Retail
Subdivision OLD CITY
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active

Taxes and HOA fees

Tax Annual Amount 0

Utilities

Heating system Central
Cooling system Central Air

Amenities

roof deck
secure lobby
stainless steel appliances
granite countertops
hardwood floors

Building Details

Year built 1902
Building materials Brick, Masonry
Listing Agency: National Realty Old City LLC - PA
Listed By: Billy Creagh · License #RM424688
Added: Jun 12 Changed: Sep 3 Last Checked: Sep 4 at 1:06PM
MLS# PAPH2634842

Copyright © 2026 Bright MLS. 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.

This residential income property is part of a 25-unit condominium community created through the conversion of a historic building dating to 1902. Unit 103 is a ground-floor loft with unusually tall ceilings, oversized windows, hardwood flooring, granite countertops, and stainless steel appliances. Brick and masonry construction are complemented by central heating and central air conditioning. A secure lobby provides elevator access to the common roof deck.

The property is located at 12-16 S Letitia Street in Philadelphia’s Old City area, near cafes, restaurants, galleries, boutiques, and museums. Public transportation is nearby, with access to I-95, the Ben Franklin Bridge, and Philadelphia Airport. The shared rooftop offers views toward historic Old City and the Philadelphia skyline.

Key Highlights

  • 25‑unit condominium community in a historic building conversion
  • Unit 103 is a ground‑floor loft with high ceilings and oversized windows
  • 1902 construction with brick and masonry materials

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Plumbing Service Pet Grooming Service Clothing & Fashion Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

6,993
Businesses Nearby

Demographics for 19106, PA

15,190
Population
9,913
Households
1.5
Avg Household Size
39
Median Age
80%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
16,878
Density / Sq Mi
$129,779
Median Household Income
$93,953
Median Earnings
$2,219
Median Rent
$528,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Historic-conversion loft with original details, modern finishes, central HVAC, and access to a shared roof deck.
Where is this residential income property located?
The property is located at 12-16 S LETITIA Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $422,500.
What are key features of this property?
This property features: 25‑unit condominium community in a historic building conversion; Unit 103 is a ground‑floor loft with high ceilings and oversized windows; 1902 construction with brick and masonry materials
More about this property
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