1234 N 30TH Street, Philadelphia, PA 19121
MULTI_FAMILY - Contemporary - PHILADELPHIA, PA
- Added:
- Jan 20, 2026
- Days on Market:
- 158
- Last Refresh:
- Jun 27 at 7:06 pm
Property Features for 1234 N 30TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 5,631 SF
Taxes and HOA fees
- Tax Annual Amount
- 20271
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2014
- Number of units
- 4
- Architectural style
- Contemporary
Listing agent Guillermo Salas III License #AB067011 (484) 429-6025
Listing office EXP Realty, LLC 630 Freedom Business Ctr Drive unit: 300, Philadelphia, PA (888) 397-7352
Listing date Jan 20, 2026
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.
HighLights
- High Gross Annual Rents: $136,920 in gross annual rents from a fully occupied 7‑unit building.
- Condo‑Ready Structure: Legally configured as a condominium building, offering flexible exit strategies.
- Prime Brewerytown Location: Situated in a rapidly appreciating neighborhood.
- Turnkey Investment: Fully occupied with leases in place, ensuring immediate income.
- Modern Units with Strong Tenant Demand: Features six 2‑bedroom/2‑bath units and one 3‑bedroom/2‑bath unit with modern layouts.
- Desirable Amenities: Several units include sought‑after amenities like backyard access.
Overview
The property is located at 1234 N 30th Street in Philadelphia, PA 19121, in the Brewerytown area. The remarks note proximity to Center City, major universities, and public transportation, along with Brewerytown’s expanding retail and dining scene.
For buyers and brokers seeking an income-producing residential asset with flexibility, the condo configuration is a key operational consideration. The building can continue operating as a stabilized rental under current use, or be approached as a condo setup with the ability to sell units separately over time. With all units occupied at the time of listing, the property is positioned for immediate rental operation while the condo-ready framework supports planning around multiple ownership strategies.
Local Financial Insights For Apartment 5plus
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 | $171.0k | $30.36 |
| − Vacancy | −$9.9k | −$1.76 |
| EGI | $161.0k | $28.60 |
| − OpEx | −$72.5k | −$12.87 |
| NOI | $88.6k | $15.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.18504
- Latitude
- 39.9758
