Updated Residential Income Property with
For Sale
$402,000
1522 BROWN STREET Unit 1, Philadelphia, PA 19130
Bi-level residence with modern finishes, flexible lower-level space, and substantial private outdoor living area.
Property Size1,227 SF
Days on Market174
Property Features for 1522 BROWN STREET Unit 1
General Information
Standard status
Active
Size
1,227 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Francisville
Taxes and HOA fees
Annual Taxes
$4,151
Building Details
Building Size
1,227 SF
Year Built
1920
Listing Agency:
BHHS Fox & Roach The Harper at Rittenhouse Square
Listed By:
Reid J Rosenthal · License #RS226037L
(215) 546-0550
Source:
Patmckennarealtors
Added: May 12
Changed: Oct 31
Last Checked: Nov 1 at 2:00PM
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 BHHS Fox & Roach The Harper at Rittenhouse Square
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Investment Insights
Based on property information with market context.
This updated bi-level residential property combines period character with contemporary interior improvements. The main floor features high ceilings, hardwood flooring, exposed brick detailing, oversized windows, and an open arrangement connecting the kitchen, dining area, and living room. Kitchen upgrades include stainless steel appliances, granite counters, and extensive cabinetry. The property includes two bedrooms and two full bathrooms, with the primary suite opening directly to a large private patio.
The lower level adds a newly completed designer bathroom with a copper soaking tub, along with a second bedroom, laundry area, and bonus room suitable for office, media, or fitness use. A furnace and air-conditioning system were installed last year. The property may be delivered furnished or unfurnished. Its Philadelphia setting provides walkable access to the Art Museum, Center City, the Broad Street Line, and the shops and cafes along Fairmount Avenue.
The lower level adds a newly completed designer bathroom with a copper soaking tub, along with a second bedroom, laundry area, and bonus room suitable for office, media, or fitness use. A furnace and air-conditioning system were installed last year. The property may be delivered furnished or unfurnished. Its Philadelphia setting provides walkable access to the Art Museum, Center City, the Broad Street Line, and the shops and cafes along Fairmount Avenue.
Key Highlights
- Two‑bedroom, two‑bathroom bi‑level residential property
- Large private patio accessible from the primary suite
- Open main‑level layout with hardwood floors, brick detail, and oversized windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,300
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,000
$386.0K
Cap Rate 7%
$275,714
$275.7K
Cap Rate 9%
$214,444
$214.4K
Market Conditions
NOI Build-Up for 1,227 SF
Gross rent
$37.3K $30.36/SF
− Vacancy
−$2.2K −$1.76/SF
EGI
$35.1K $28.60/SF
− OpEx
−$15.8K −$12.87/SF
NOI
$19.3K $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%
$386,000
Cap Rate 7%
$275,714
Cap Rate 9%
$214,444
Alternative Uses
Best Use
Apartment 5plus
$275.7K
$241.3K – $321.7K
NOI $19,300 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$299.1K
$261.7K – $349.0K
NOI $20,939 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
3,089
Businesses Nearby
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Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Bi-level residence with modern finishes, flexible lower-level space, and substantial private outdoor living area.
Where is this residential income property located?
The property is located at 1522 BROWN STREET Unit 1 Philadelphia, PA.
What is the asking price?
The asking price for this property is $402,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom bi‑level residential property; Large private patio accessible from the primary suite; Open main‑level layout with hardwood floors, brick detail, and oversized windows
