Updated Rear Studio
For Lease
$1,100/Mo
116 GRAPE STREET #REAR, Philadelphia, PA 19127
Updated studio apartment features a fully equipped kitchen and attached bathroom, with shared laundry available in the building.
Property Size500 SF
Days on Market37
Property Features for 116 GRAPE STREET #REAR
General Information
Standard status
Active
Size
500 SF
Property subtype
Apartment
Lease Type
/mo
Amenities
shared laundry
stainless steel appliances
tile floor
backsplash
attached bathroom
pets allowed
Building Details
Year Built
1900
Listing Agency:
Compass Pennsylvania, LLC
(610) 322-1502
Listed By:
Lisa M Murphy · License #RS273368
(610) 322-1502
Source:
Cummingsrealtors
Added: Jun 25
Changed: Jul 27
Last Checked: Jul 31 at 5:47AM
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
Investment Insights
Based on property information with market context.
This updated studio apartment is configured as a rear unit with its own entry. The unit includes a fully updated kitchen with stainless steel appliances, tile flooring, and a tile backsplash, along with a spacious layout and an attached bathroom.
Laundry is available as free shared laundry within the building. Tenant is responsible for electric and internet, and a monthly water/sewer/trash fee of $50 applies, with the possibility of increases depending on usage and/or service provider charges.
Pets are allowed on a case-by-case basis, with a building limit of up to 2 pets (with additional monthly charges for pets under or between specified weight ranges). Note that floors are being refinished and will need time to dry for the new tenant. No showings are available until Sunday, July 5.
Laundry is available as free shared laundry within the building. Tenant is responsible for electric and internet, and a monthly water/sewer/trash fee of $50 applies, with the possibility of increases depending on usage and/or service provider charges.
Pets are allowed on a case-by-case basis, with a building limit of up to 2 pets (with additional monthly charges for pets under or between specified weight ranges). Note that floors are being refinished and will need time to dry for the new tenant. No showings are available until Sunday, July 5.
Key Highlights
- Updated studio apartment with a fully updated kitchen featuring stainless steel appliances, tile flooring, and backsplash
- Studio includes an attached bathroom
- Rear unit entry
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.96 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,607
Businesses Nearby
Explore this area
Business Placement
Demographics for 19127, PA
6,929
Population
3,496
Households
2
Avg Household Size
29
Median Age
77%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
11,548
Density / Sq Mi
$99,792
Median Household Income
$73,061
Median Earnings
$1,765
Median Rent
$298,900
Median Home Value
Market
Lease Benchmarks for Philadelphia, PA
$31.54 /SF/Yr
Avg Asking Price
$0.58–$64.33 /SF/Yr
Price Range
1,634 SF
Avg Space Size
This space is priced 16% below the average of $31.54 /SF/Yr.
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated studio apartment features a fully equipped kitchen and attached bathroom, with shared laundry available in the building.
Where is this residential income property located?
The property is located at 116 GRAPE STREET #REAR Philadelphia, PA.
What is the lease rate?
The lease rate is $1,100 /Mo.
What are key features of this property?
This property features: Updated studio apartment with a fully updated kitchen featuring stainless steel appliances, tile flooring, and backsplash; Studio includes an attached bathroom; Rear unit entry
