Residential Income Property with
For Sale
$529,990
1127 GREEN STREET, Philadelphia, PA 19123
The building has central air, natural-gas forced-air heating, and a gas water heater.
Property Size2,640 SF
Price / SF$200.75
Days on Market19
Property Features for 1127 GREEN STREET
General Information
Standard status
Active
Size
2,640 SF
Total Parking Spaces
1
Property subtype
Residential Income
Zoning
RSA5
Site & Location
Neighborhood
North Philadelphia
Taxes and HOA fees
Annual Taxes
$1,276
Amenities
Central Air
Natural Gas, Forced Air
Gas Water Heater
Attached Carport, Attached
Contemporary
Building Details
Building Size
2,640 SF
Year Built
1915
Listing Agency:
RE/MAX Centre Realtors
Listed By:
Joe Cairo · License #RS274192
(215) 630-9363
Source:
Evrealestate
Added: Oct 12
Changed: Oct 28
Last Checked: Oct 28 at 8:29AM
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 RE/MAX Centre Realtors
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Investment Insights
Based on property information with market context.
The 2,640-square-foot residential income property was built in 1915. Its features include central air, natural-gas forced-air heating, and a gas water heater, along with an attached carport. The property is zoned RSA5 and is located at 1127 Green Street in Philadelphia, Pennsylvania.
Key Highlights
- 2,640 square feet
- Built in 1915
- Central air and natural‑gas forced‑air heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,526
Cap Rate
7.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$830,520
$830.5K
Cap Rate 7%
$593,229
$593.2K
Cap Rate 9%
$461,400
$461.4K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$80.2K $30.36/SF
− Vacancy
−$4.6K −$1.76/SF
EGI
$75.5K $28.60/SF
− OpEx
−$34.0K −$12.87/SF
NOI
$41.5K $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%
$830,520
Cap Rate 7%
$593,229
Cap Rate 9%
$461,400
Alternative Uses
Best Use
Apartment 5plus
$593.2K
$519.1K – $692.1K
NOI $41,526 @ 7.0% cap · market cap 7.84%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$643.6K
$563.1K – $750.9K
NOI $45,051 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
5,285
Businesses Nearby
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Business Placement
Demographics for 19123, PA
18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The building has central air, natural-gas forced-air heating, and a gas water heater.
Where is this residential income property located?
The property is located at 1127 GREEN STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $529,990.
What are key features of this property?
This property features: 2,640 square feet; Built in 1915; Central air and natural‑gas forced‑air heating
