Historic Residential Income
For Sale
$1,390,000
105 S 12TH STREET Unit 202/203, Philadelphia, PA 19107
Combined boutique-building residence with custom interiors, remodeled baths, and a flexible multi-bedroom layout.
Property Size3,242 SF
Price / SF$427.69
Days on Market181
Property Features for 105 S 12TH STREET Unit 202/203
General Information
Standard status
Active
Size
3,242 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Center City
Taxes and HOA fees
Annual Taxes
$19,693
Building Details
Building Size
3,242 SF
Year Built
1900
Year Renovated
2020
Listing Agency:
BHHS Fox & Roach The Harper at Rittenhouse Square
Listed By:
Andrew Blumberg
(267) 907-6329
Source:
Patmckennarealtors
Added: May 4
Changed: Oct 25
Last Checked: Oct 30 at 7:40PM
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 BHHS Fox & Roach The Harper at Rittenhouse Square
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Investment Insights
Based on property information with market context.
Located in Philadelphia’s White Building, this combined residence occupies Units 202/203 and encompasses approximately 3,250 square feet. The home includes 3 bedrooms, 4 full baths, and 1 half bath, with a layout revised for added flexibility. Brazilian cherry flooring, custom millwork, renovated closets, cast iron and glass French doors, and two steel-and-wood spiral staircases define the interior. A 5-by-7 picture window brings substantial natural light into the living environment.
The kitchen is equipped with Carrara marble counters, a Wolf induction cooktop, and a Sub-Zero refrigerator. Nearly all bathrooms were renovated in 2020 with Scavolini fixtures and updated finishes. The former kitchen in Unit 202 was converted into a bedroom with a private bath, creating an additional living or guest area within the combined residence. The property is situated at 105 S 12th Street in Philadelphia, PA 19107, in a building constructed in 1900.
The kitchen is equipped with Carrara marble counters, a Wolf induction cooktop, and a Sub-Zero refrigerator. Nearly all bathrooms were renovated in 2020 with Scavolini fixtures and updated finishes. The former kitchen in Unit 202 was converted into a bedroom with a private bath, creating an additional living or guest area within the combined residence. The property is situated at 105 S 12th Street in Philadelphia, PA 19107, in a building constructed in 1900.
Key Highlights
- Combined Units 202/203 provide approximately 3,250 square feet
- 3 bedrooms, 4 full baths, and 1 half bath
- Original Brazilian cherry floors with matching custom millwork and closet finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,121
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,022,420
$1.0M
Cap Rate 7%
$730,300
$730.3K
Cap Rate 9%
$568,011
$568.0K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$98.7K $30.36/SF
− Vacancy
−$5.7K −$1.76/SF
EGI
$92.9K $28.60/SF
− OpEx
−$41.8K −$12.87/SF
NOI
$51.1K $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%
$1,022,420
Cap Rate 7%
$730,300
Cap Rate 9%
$568,011
Alternative Uses
Best Use
Apartment 5plus
$730.3K
$639.0K – $852.0K
NOI $51,121 @ 7.0% cap · market cap 3.68%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$792.3K
$693.3K – $924.4K
NOI $55,461 @ 7.0% cap · market cap 3.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
25,545
Businesses Nearby
Explore this area
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
Frequently Asked Questions
What type of property is this?
Residential income property - Combined boutique-building residence with custom interiors, remodeled baths, and a flexible multi-bedroom layout.
Where is this residential income property located?
The property is located at 105 S 12TH STREET Unit 202/203 Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Combined Units 202/203 provide approximately 3,250 square feet; 3 bedrooms, 4 full baths, and 1 half bath; Original Brazilian cherry floors with matching custom millwork and closet finishes
