Bi-Level Residential
For Sale
$910,000
1352 SOUTH STREET Unit 400, Philadelphia, PA 19147
The two-bedroom layout features a private balcony, an elevated primary suite, and deeded garage parking.
Property Size2,058 SF
Days on Market41
Property Features for 1352 SOUTH STREET Unit 400
General Information
Standard status
Active
Size
2,058 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Hawthorne
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$11,477
Amenities
private balcony
lobby
24-hr concierge
Building Details
Building Size
2,058 SF
Year Built
2007
Construction
loft
Listing Agency:
Allan Domb Real Estate
Listed By:
Allan Domb · License #RB043135A
(215) 545-1500
Source:
Patmckennarealtors
Added: Sep 22
Changed: Oct 31
Last Checked: Oct 30 at 11:12PM
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 Allan Domb Real Estate
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Investment Insights
Based on property information with market context.
This bi-level, two-bedroom residence occupies a loft building completed in 2007. A double-height living area is framed by 20-foot windows and opens to a private balcony. The kitchen has an island, pantry, granite counters, and stainless steel appliances; a built-in dry bar sits near the dining area. The upper-level primary suite overlooks the main room and includes a walk-in closet and ensuite bath. A second bedroom, full hall bath, and in-unit laundry complete the layout. Hardwood floors extend through the living areas, alongside industrial-style architectural details.
The building at 1352 South Street has a lobby, 24-hour concierge, and a secure underground garage with deeded parking. The property is in Philadelphia’s South Street district, near restaurants, cafes, parks, retail, cultural institutions, universities, and hospitals. Public transportation and major highways are also nearby.
The building at 1352 South Street has a lobby, 24-hour concierge, and a secure underground garage with deeded parking. The property is in Philadelphia’s South Street district, near restaurants, cafes, parks, retail, cultural institutions, universities, and hospitals. Public transportation and major highways are also nearby.
Key Highlights
- Two‑bedroom residence arranged across two levels
- 20‑foot windows and a private balcony
- Primary suite overlooks the double‑height living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,371
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$647,420
$647.4K
Cap Rate 7%
$462,443
$462.4K
Cap Rate 9%
$359,678
$359.7K
Market Conditions
NOI Build-Up for 2,058 SF
Gross rent
$62.5K $30.36/SF
− Vacancy
−$3.6K −$1.76/SF
EGI
$58.9K $28.60/SF
− OpEx
−$26.5K −$12.87/SF
NOI
$32.4K $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%
$647,420
Cap Rate 7%
$462,443
Cap Rate 9%
$359,678
Alternative Uses
Best Use
Apartment 5plus
$462.4K
$404.6K – $539.5K
NOI $32,371 @ 7.0% cap · market cap 3.56%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$501.7K
$439.0K – $585.3K
NOI $35,120 @ 7.0% cap · market cap 3.86%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
17,696
Businesses Nearby
Explore this area
Business Placement
Demographics for 19147, PA
41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom layout features a private balcony, an elevated primary suite, and deeded garage parking.
Where is this residential income property located?
The property is located at 1352 SOUTH STREET Unit 400 Philadelphia, PA.
What is the asking price?
The asking price for this property is $910,000.
What are key features of this property?
This property features: Two‑bedroom residence arranged across two levels; 20‑foot windows and a private balcony; Primary suite overlooks the double‑height living area
