Studio Residential Income
For Sale
$150,000
130-36 N BREAD STREET Unit 226, Philadelphia, PA 19106
Converted foundry building offers a studio layout with central air, in-unit laundry, and a full kitchen.
Property Size372 SF
Days on Market41
Property Features for 130-36 N BREAD STREET Unit 226
General Information
Standard status
Active
Size
372 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x studio
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,191
Amenities
secure entry
bike storage
common courtyard
in-unit laundry
central air
Building Details
Building Size
372 SF
Year Built
1901
Listing Agency:
Keller Williams Realty - Moorestown
(856) 577-2694
Listed By:
Devin Dinofa
(856) 577-2694
Source:
Patmckennarealtors
Added: Jun 25
Changed: Aug 4
Last Checked: Aug 4 at 3:16AM
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 - Moorestown
Investment Insights
Based on property information with market context.
Unit 226 is a studio condominium within a converted 19th-century foundry built in 1901. The residence includes an open living area, full bathroom, central air, and in-unit laundry. Its kitchen is equipped with wood cabinetry, granite countertops, dishwasher, microwave, cooktop, refrigerator, and additional storage and preparation space. A large window, tile flooring, entry hall, closet space, and built-in ledge provide practical interior features.
The building includes secure entry, bike storage, and a landscaped common courtyard framed by brick walls and preserved industrial elements. Located on N Bread Street in Philadelphia's Old City, the property is near restaurants, coffee shops, boutiques, galleries, gyms, historic landmarks, the Delaware River Waterfront, public transportation, and major roadways.
The building includes secure entry, bike storage, and a landscaped common courtyard framed by brick walls and preserved industrial elements. Located on N Bread Street in Philadelphia's Old City, the property is near restaurants, coffee shops, boutiques, galleries, gyms, historic landmarks, the Delaware River Waterfront, public transportation, and major roadways.
Key Highlights
- Studio condominium in a converted 19th‑century foundry built in 1901
- Central air and in‑unit laundry
- Kitchen with granite countertops, dishwasher, microwave, cooktop, and refrigerator
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $11.3k | $30.36 |
| − Vacancy | −$655 | −$1.76 |
| EGI | $10.6k | $28.60 |
| − OpEx | −$4.8k | −$12.87 |
| NOI | $5.9k | $15.73 |
372 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$83.6K
$73.1K – $97.5K
NOI $5,851 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$90.7K
$79.4K – $105.8K
NOI $6,348 @ 7.0% cap · market cap 4.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
6,253
Businesses Nearby
Explore this area
Business Placement
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
$528,700
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Philadelphia, PA
Properties on Market for Residential income properties in Philadelphia
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Converted foundry building offers a studio layout with central air, in-unit laundry, and a full kitchen.
Where is this residential income property located?
The property is located at 130-36 N BREAD STREET Unit 226 Philadelphia, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Studio condominium in a converted 19th‑century foundry built in 1901; Central air and in‑unit laundry; Kitchen with granite countertops, dishwasher, microwave, cooktop, and refrigerator
