Two-Bedroom Residential Income
For Sale
$599,000
1600 ARCH STREET Unit 1610, Philadelphia, PA 19103
Historic Philadelphia residence with hardwood flooring, reserved parking, and access to extensive full-service building amenities.
Property Size1,249 SF
Days on Market379
Property Features for 1600 ARCH STREET Unit 1610
General Information
Standard status
Active
Size
1,249 SF
Property subtype
Penthouse Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$7,791
Building Details
Building Size
1,249 SF
Year Built
1925
Listing Agency:
Coldwell Banker Realty
(215) 880-9274
Listed By:
Louise M Marzulli · License #RS296929
(215) 880-9274
Source:
Patmckennarealtors
Added: Jul 23, 2025
Changed: Aug 4
Last Checked: Aug 5 at 4:24AM
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 two-bedroom, two-bath residence occupies space within a historic Philadelphia building constructed in 1925. The interior features hardwood flooring, an open layout with high ceilings, and a kitchen equipped with granite countertops and stainless steel appliances. The primary suite includes dual vanities, a glass-enclosed shower, and extensive closet storage, while the second bedroom has a walk-in closet and access to a bathroom with a tub and shower combination. A dedicated laundry area includes a front-load washer and dryer.
The property includes one reserved parking space. Building amenities include a fitness center, rooftop deck, concierge service, valet parking, and direct access to Suburban Station. The residence is located at 1600 Arch Street in Philadelphia, Pennsylvania.
The property includes one reserved parking space. Building amenities include a fitness center, rooftop deck, concierge service, valet parking, and direct access to Suburban Station. The residence is located at 1600 Arch Street in Philadelphia, Pennsylvania.
Key Highlights
- Two‑bedroom, two‑bath residence at 1600 ARCH STREET Unit: 1610
- Building constructed in 1925
- Granite kitchen countertops with stainless steel appliances
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 | $37.9k | $30.36 |
| − Vacancy | −$2.2k | −$1.76 |
| EGI | $35.7k | $28.60 |
| − OpEx | −$16.1k | −$12.87 |
| NOI | $19.6k | $15.73 |
1,249 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$280.7K
$245.6K – $327.4K
NOI $19,646 @ 7.0% cap · market cap 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$304.5K
$266.4K – $355.2K
NOI $21,314 @ 7.0% cap · market cap 3.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
24,727
Businesses Nearby
Explore this area
Business Placement
Demographics for 19103, PA
28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Historic Philadelphia residence with hardwood flooring, reserved parking, and access to extensive full-service building amenities.
Where is this residential income property located?
The property is located at 1600 ARCH STREET Unit 1610 Philadelphia, PA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath residence at 1600 ARCH STREET Unit: 1610; Building constructed in 1925; Granite kitchen countertops with stainless steel appliances
