One-Bedroom Residential Income
For Sale
$224,900
1425 LOCUST STREET Unit 12E, Philadelphia, PA 19102
High-floor condominium with skyline views, flexible living space, secure storage, and full-service building amenities.
Property Size777 SF
Days on Market21
Property Features for 1425 LOCUST STREET Unit 12E
General Information
Standard status
Active
Size
777 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,031
Amenities
24-hour concierge
Pet Spa
Resident's Lounge
billiards table
dining facilities
TV lounge
catering kitchen
Gym
Yoga Room
Guest Suite
Building Details
Building Size
777 SF
Year Built
2008
Construction
Art Deco
Listing Agency:
Coldwell Banker Realty
(215) 767-7814
Listed By:
Jeanne M Polizzi · License #RS289379
(215) 767-7814
Source:
Patmckennarealtors
Added: Jul 15
Changed: Aug 4
Last Checked: Aug 4 at 3:03AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This one-bedroom condominium occupies the 12th floor of the Aria, a 2008 Art Deco building. The residence features high ceilings, large windows, hardwood flooring, oversized closets with built-ins, and an open living area with room for multiple furniture arrangements. Its kitchen includes newer stainless steel appliances, under-cabinet lighting, granite countertops, subway tile, and an oversized breakfast bar. The bathroom offers marble counters and a tiled shower and tub combination. A separate secure storage unit is included with the sale.
Building services and amenities include 24-hour concierge coverage, a pet spa, resident lounge with billiards, dining facilities, television lounge, catering kitchen, gym, yoga room, and guest suite accommodations. The property is within walking distance of Suburban Station, City Hall, Market-East subway, Rittenhouse Square, restaurants, and theaters. The address is 1425 Locust Street, Unit 12E, Philadelphia, PA 19102.
Building services and amenities include 24-hour concierge coverage, a pet spa, resident lounge with billiards, dining facilities, television lounge, catering kitchen, gym, yoga room, and guest suite accommodations. The property is within walking distance of Suburban Station, City Hall, Market-East subway, Rittenhouse Square, restaurants, and theaters. The address is 1425 Locust Street, Unit 12E, Philadelphia, PA 19102.
Key Highlights
- 12th‑floor one‑bedroom condominium in the Aria
- 2008 Art Deco condominium building with 24‑hour concierge service
- Separate secure storage unit included with the sale
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 | $23.6k | $30.36 |
| − Vacancy | −$1.4k | −$1.76 |
| EGI | $22.2k | $28.60 |
| − OpEx | −$10.0k | −$12.87 |
| NOI | $12.2k | $15.73 |
777 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$174.6K
$152.8K – $203.7K
NOI $12,222 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$189.4K
$165.7K – $221.0K
NOI $13,259 @ 7.0% cap · market cap 5.90%
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
25,331
Businesses Nearby
Explore this area
Business Placement
Demographics for 19102, PA
7,568
Population
4,606
Households
1.6
Avg Household Size
32
Median Age
87%
College-Educated
98%
High-School Grad
0.2 sq mi
ZIP Area
37,840
Density / Sq Mi
$114,844
Median Household Income
$79,552
Median Earnings
$2,249
Median Rent
$412,200
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Philadelphia, PA
Properties on Market for Residential income properties in Philadelphia
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Frequently Asked Questions
What type of property is this?
Residential income property - High-floor condominium with skyline views, flexible living space, secure storage, and full-service building amenities.
Where is this residential income property located?
The property is located at 1425 LOCUST STREET Unit 12E Philadelphia, PA.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: 12th‑floor one‑bedroom condominium in the Aria; 2008 Art Deco condominium building with 24‑hour concierge service; Separate secure storage unit included with the sale
