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Boutique Condo Conversion
For Sale
$422,500

12-16 S LETITIA Street, Philadelphia, PA 19106

Commercial Sale - PHILADELPHIA, PA

Days on Market50

Property Features for 12-16 S LETITIA Street

General Information

Property type Other
Property subtype Retail
Subdivision OLD CITY
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active

Taxes and HOA fees

Tax Annual Amount 0

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1902
Building materials Brick, Masonry
Listing Agency: National Realty Old City LLC - PA
Listed By: Billy Creagh · License #RM424688
Added: Jun 12 Last Checked: Jul 31 at 8:06AM
MLS# PAPH2634842

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This boutique condominium community features 25 uniquely appointed units within a residential conversion of a historic building. The modern, secure lobby provides elevator access directly to the roof deck. Each unit has access to the common roof deck.

The property is located on a quiet side-street just off Old City’s Penn’s Landing and Market Streets. It is positioned for convenient public transit access and offers easy access to I-95, the Ben Franklin Bridge, and Philadelphia International Airport.

Unit 103 is a ground-floor loft-style residence with exceptionally high ceilings and oversized windows that bring in natural light. The unit is described as including original architectural details along with stainless steel appliances, granite countertops, and hardwood floors. The combination of historic character, secure shared amenities, and roof-deck access may be attractive to buyers seeking a smaller, condo-style ownership setup inside a preserved building.

Key Highlights

  • Boutique condominium community with only 25 uniquely appointed units in a historic building conversion
  • Built in 1902 with brick and masonry construction
  • Modern, secure lobby with elevator access to the roof deck

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

25
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

6,078
Businesses Nearby

Demographics for 19106, PA

15,190
Population
9,913
Households
1.5
Avg Household Size
39
Median Age
80%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
16,878
Density / Sq Mi
$129,779
Median Household Income
$93,953
Median Earnings
$2,219
Median Rent
$528,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Historic building conversion offers 25 condo units with modern secure entry and elevator access to a shared roof deck.
Where is this apartment building located?
The property is located at 12-16 S LETITIA Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $422,500.
What are key features of this property?
This property features: Boutique condominium community with only 25 uniquely appointed units in a historic building conversion; Built in 1902 with brick and masonry construction; Modern, secure lobby with elevator access to the roof deck
More about this property
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