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Combined Residential Income Property
For Sale
$150,000

1010 RACE STREET Unit 7J & 7H, Philadelphia, PA 19107

Two adjoining condominium units are configured as one three-bedroom, two-bathroom residence with future separation potential.

Property Size1,415 SF
Days on Market39

Property Features for 1010 RACE STREET Unit 7J & 7H

General Information

Standard status Active
Size 1,415 SF
Property subtype Unit/Flat/Apartment

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,309

Building Details

Building Size 1,415 SF
Year Built 1910
Listing Agency: A Plus Realtors LLC
Listed By: Kelly W Zheng · License #RM423341
Source: Patmckennarealtors
Added: Jun 27 Changed: Aug 4 Last Checked: Aug 4 at 3:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of A Plus Realtors LLC

Investment Insights

Based on property information with market context.

This residential income property comprises two adjacent condominium units, 7H and 7J, currently joined into a single residence. The combined layout includes three bedrooms and two full bathrooms, with living and entertaining areas arranged across a flexible floor plan. The units may be converted back into two separate one-bedroom, one-bathroom condominiums, subject to applicable requirements.

The property is at 1010 Race Street in Philadelphia’s Chinatown, with restaurants, retail, Reading Terminal Market, Jefferson Hospital, the Convention Center, public transportation, and Center City’s business district nearby. The building dates to 1910, and the condominium configuration offers multiple ways to use the existing space.

Key Highlights

  • Two adjacent condominium units, 7H and 7J, conveyed together
  • Currently combined into one residence with 3 bedrooms and 2 full bathrooms
  • Potential to restore two 1‑bedroom, 1‑bathroom condominiums

Property Analytics

Current Use

Clarion Hotel Suites Hotel & Motel A.R.M. INNOVATIVE SOLUTIONS ... Accounting Firm First City Abstract ... Title Company Tenten Race Street Apartment Complex Bentwood Historic Condo ... Condominium Complex

Suggested Use

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

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

20,003
Businesses Nearby

Demographics for 19107, PA

17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in Philadelphia, PA

$327 Feb
$251 Mar
$237 Apr
$225 May
$231 Jun
$224 Jul

Properties on Market for Residential income properties in Philadelphia

Feb
Mar
Apr
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Two adjoining condominium units are configured as one three-bedroom, two-bathroom residence with future separation potential.
Where is this residential income property located?
The property is located at 1010 RACE STREET Unit 7J & 7H Philadelphia, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two adjacent condominium units, 7H and 7J, conveyed together; Currently combined into one residence with 3 bedrooms and 2 full bathrooms; Potential to restore two 1‑bedroom, 1‑bathroom condominiums
More about this property
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