Top-Floor Residential Income
For Sale
$329,000
1218 N 30TH STREET Unit 3, Philadelphia, PA 19121
Top-floor unit with open living areas, exposed brick, a roof deck, and basement storage.
Property Size1,084 SF
Days on Market56
Property Features for 1218 N 30TH STREET Unit 3
General Information
Standard status
Active
Size
1,084 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
North Philadelphia
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,432
Amenities
shared roof deck
basement storage
Building Details
Building Size
1,084 SF
Year Built
1915
Listing Agency:
BMB Living, Inc.
Listed By:
Chris Coulton
(215) 407-7761
Source:
Patmckennarealtors
Added: Sep 11
Changed: Nov 5
Last Checked: Nov 4 at 9:29PM
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 BMB Living, Inc.
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Investment Insights
Based on property information with market context.
This top-floor residential income property offers a two-bedroom, 2.5-bath layout with elevated ceilings, exposed brick, and an open arrangement connecting the kitchen, living, and dining areas. The kitchen includes a large island, while a bay window and additional windows bring natural light into the home. A half bath serves the main living level.
Both private bedrooms include en-suite bathrooms and ample closet space. The unit also has access to a shared roof deck, with this residence positioned closest to the deck, along with storage in the building basement. Built in 1915, the property is near Lemon Hill, the Schuylkill River Trail, Baby’s Kusina, Rival Brothers Coffee, and ALDI. Multiple bus routes and the Girard Ave. trolley line are nearby, with service toward Center City.
Both private bedrooms include en-suite bathrooms and ample closet space. The unit also has access to a shared roof deck, with this residence positioned closest to the deck, along with storage in the building basement. Built in 1915, the property is near Lemon Hill, the Schuylkill River Trail, Baby’s Kusina, Rival Brothers Coffee, and ALDI. Multiple bus routes and the Girard Ave. trolley line are nearby, with service toward Center City.
Key Highlights
- Two‑bedroom, 2.5‑bath top‑floor unit
- Open kitchen, living, and dining arrangement with a large island
- Elevated ceilings, exposed brick, bay window, and additional windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,051
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,020
$341.0K
Cap Rate 7%
$243,586
$243.6K
Cap Rate 9%
$189,456
$189.5K
Market Conditions
NOI Build-Up for 1,084 SF
Gross rent
$32.9K $30.36/SF
− Vacancy
−$1.9K −$1.76/SF
EGI
$31.0K $28.60/SF
− OpEx
−$14.0K −$12.87/SF
NOI
$17.1K $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%
$341,020
Cap Rate 7%
$243,586
Cap Rate 9%
$189,456
Alternative Uses
Best Use
Apartment 5plus
$243.6K
$213.1K – $284.2K
NOI $17,051 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$264.3K
$231.2K – $308.3K
NOI $18,498 @ 7.0% cap · market cap 5.62%
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
1,356
Businesses Nearby
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Business Placement
Demographics for 19121, PA
41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Top-floor unit with open living areas, exposed brick, a roof deck, and basement storage.
Where is this residential income property located?
The property is located at 1218 N 30TH STREET Unit 3 Philadelphia, PA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Two‑bedroom, 2.5‑bath top‑floor unit; Open kitchen, living, and dining arrangement with a large island; Elevated ceilings, exposed brick, bay window, and additional windows
