Residential Income Property with High
New
For Sale
$179,900
1529 GREEN STREET Unit C, Philadelphia, PA 19130
Condo unit with an open living area, in-unit laundry, basement storage, and access to professional building management.
Property Size556 SF
Days on Market7
Property Features for 1529 GREEN STREET Unit C
General Information
Standard status
Active
Size
556 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,495
Amenities
pet-friendly
professionally managed
central air
in-unit laundry
designated basement storage
decorative fireplace
jetted tub
recessed lighting
Building Details
Building Size
556 SF
Year Built
1900
Listing Agency:
Elfant Wissahickon-Rittenhouse Square
(215) 866-0037
Listed By:
Holly Mack-Ward · License #RS280577
(215) 866-0037
Source:
Patmckennarealtors
Added: Jul 29
Changed: Aug 4
Last Checked: Aug 4 at 1:57AM
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 Elfant Wissahickon-Rittenhouse Square
Investment Insights
Based on property information with market context.
Unit C is a condominium residence in a professionally managed, pet-friendly building constructed in 1900. The interior combines an open main living area with recessed lighting, a decorative fireplace, oversized windows, and original woodwork. The kitchen includes cabinet storage, a dishwasher, and a window, while the bedroom offers oak flooring, extensive closets with custom organizers, and two large windows. A bathroom with cream hex tile and a jetted tub adds period character. Central air, an in-unit laundry closet, and designated basement storage complete the layout.
The property sits on a tree-lined block in Philadelphia’s Art Museum area. The Broad Street Line is two blocks away, and the Vine Street Expressway provides a nearby commuter connection. The location is also described as highly walkable, with the unit positioned near the Parkway.
The property sits on a tree-lined block in Philadelphia’s Art Museum area. The Broad Street Line is two blocks away, and the Vine Street Expressway provides a nearby commuter connection. The location is also described as highly walkable, with the unit positioned near the Parkway.
Key Highlights
- Condominium unit in a professionally managed, pet‑friendly building
- Built in 1900 with original woodwork and oversized windows
- Open living area with recessed lighting and decorative fireplace
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 | $16.9k | $30.36 |
| − Vacancy | −$979 | −$1.76 |
| EGI | $15.9k | $28.60 |
| − OpEx | −$7.2k | −$12.87 |
| NOI | $8.7k | $15.73 |
556 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$124.9K
$109.3K – $145.8K
NOI $8,746 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$135.5K
$118.6K – $158.1K
NOI $9,488 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,455
Businesses Nearby
Explore this area
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
$483,500
Median Home Value
Market
Average Price Trend$/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 - Condo unit with an open living area, in-unit laundry, basement storage, and access to professional building management.
Where is this residential income property located?
The property is located at 1529 GREEN STREET Unit C Philadelphia, PA.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Condominium unit in a professionally managed, pet‑friendly building; Built in 1900 with original woodwork and oversized windows; Open living area with recessed lighting and decorative fireplace
