Loft-Style Residential Income
For Sale
$279,000
1238 CALLOWHILL STREET Unit 105, Philadelphia, PA 19123
A renovated kitchen and bath complement an open layout with hardwood floors and in-unit laundry.
Property Size1,333 SF
Price / SF$209.30
Days on Market73
Property Features for 1238 CALLOWHILL STREET Unit 105
General Information
Standard status
Active
Size
1,333 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Callowhill
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,597
Amenities
in-unit laundry
roof deck
Building Details
Building Size
1,333 SF
Year Built
1900
Listing Agency:
Keller Williams Realty
Listed By:
Desantis Real Estate Team · License #342628
(267) 625-7016
Source:
Desantis-realestate
Added: Aug 20
Changed: Oct 27
Last Checked: Oct 27 at 4:23AM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
This 1-bedroom, 1-bath loft offers 1,333 square feet, with an open interior, high ceilings, large windows, and hardwood flooring. The kitchen and bathroom have been renovated, and laundry is located within the unit. Residents also have access to a roof deck. The building dates to 1900.
The property is in Philadelphia, with access to major highways and public transportation.
The property is in Philadelphia, with access to major highways and public transportation.
Key Highlights
- 1,333‑square‑foot loft with 1 bedroom and 1 bath
- Renovated kitchen and bathroom
- In‑unit laundry, hardwood floors, and high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,967
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,340
$419.3K
Cap Rate 7%
$299,529
$299.5K
Cap Rate 9%
$232,967
$233.0K
Market Conditions
NOI Build-Up for 1,333 SF
Gross rent
$40.5K $30.36/SF
− Vacancy
−$2.3K −$1.76/SF
EGI
$38.1K $28.60/SF
− OpEx
−$17.2K −$12.87/SF
NOI
$21.0K $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%
$419,340
Cap Rate 7%
$299,529
Cap Rate 9%
$232,967
Alternative Uses
Best Use
Apartment 5plus
$299.5K
$262.1K – $349.5K
NOI $20,967 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$325.0K
$284.4K – $379.1K
NOI $22,748 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
11,041
Businesses Nearby
Explore this area
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 - A renovated kitchen and bath complement an open layout with hardwood floors and in-unit laundry.
Where is this residential income property located?
The property is located at 1238 CALLOWHILL STREET Unit 105 Philadelphia, PA.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 1,333‑square‑foot loft with 1 bedroom and 1 bath; Renovated kitchen and bathroom; In‑unit laundry, hardwood floors, and high ceilings
