Fourth-Floor Loft Income
For Sale
$374,900
105 S 12TH STREET Unit 401, Philadelphia, PA 19107
Historic masonry character pairs with premium appliances, spa-style bath, and in-home laundry.
Property Size898 SF
Days on Market228
Property Features for 105 S 12TH STREET Unit 401
General Information
Standard status
Active
Size
898 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Center City
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,687
Amenities
virtual concierge
coded elevator
secure mailroom
fitness center
pet-friendly
custom California walk-in closet
in-unit washer/dryer
Building Details
Building Size
898 SF
Year Built
1900
Construction
loft
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Amanda J. Saunders · License #RS309462
(215) 514-9597
Source:
Patmckennarealtors
Added: Mar 19
Changed: Oct 31
Last Checked: Nov 1 at 2:56PM
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 Compass Pennsylvania, LLC
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Investment Insights
Based on property information with market context.
Residence #401 is a fourth-floor loft within The White Building, a boutique residential property built in 1900. The open interior combines exposed brick, Brazilian cherry hardwood flooring, 16-foot barrel-vaulted brick ceilings, and 9-foot arched windows. A Pedini kitchen includes stainless steel cabinetry, Carrera white marble counters, an expansive island, pantry storage, and appliances by Sub-Zero and Bosch, along with a five-burner induction cooktop. The residence also provides a California walk-in closet, Bosch washer and dryer, and a bathroom with a deep soaking tub and glass-enclosed shower.
Building amenities include a coded elevator, secure mailroom, virtual concierge, fitness center, and pet-friendly policies. Residence #401 has a private hallway shared with only one other unit. The property is located in Midtown Village at 105 S 12th Street in Philadelphia, near grocery stores, coffee shops, and fitness studios.
Building amenities include a coded elevator, secure mailroom, virtual concierge, fitness center, and pet-friendly policies. Residence #401 has a private hallway shared with only one other unit. The property is located in Midtown Village at 105 S 12th Street in Philadelphia, near grocery stores, coffee shops, and fitness studios.
Key Highlights
- Fourth‑floor Residence #401 with a private hallway shared by only one other unit
- 16‑foot barrel‑vaulted brick ceilings, exposed brick walls, and 9‑foot arched windows
- Pedini stainless steel kitchen with Carrera white marble counters and expansive island
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,125
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,500
$282.5K
Cap Rate 7%
$201,786
$201.8K
Cap Rate 9%
$156,944
$156.9K
Market Conditions
NOI Build-Up for 898 SF
Gross rent
$27.3K $30.36/SF
− Vacancy
−$1.6K −$1.76/SF
EGI
$25.7K $28.60/SF
− OpEx
−$11.6K −$12.87/SF
NOI
$14.1K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,500
Cap Rate 7%
$201,786
Cap Rate 9%
$156,944
Alternative Uses
Best Use
Apartment 5plus
$201.8K
$176.6K – $235.4K
NOI $14,125 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$218.9K
$191.6K – $255.4K
NOI $15,324 @ 7.0% cap · market cap 4.09%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
25,545
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Historic masonry character pairs with premium appliances, spa-style bath, and in-home laundry.
Where is this residential income property located?
The property is located at 105 S 12TH STREET Unit 401 Philadelphia, PA.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Fourth‑floor Residence #401 with a private hallway shared by only one other unit; 16‑foot barrel‑vaulted brick ceilings, exposed brick walls, and 9‑foot arched windows; Pedini stainless steel kitchen with Carrera white marble counters and expansive island
