Residential Income Property with Rooftop
For Sale
$219,900
1637-39 POPLAR STREET Unit 5F, Philadelphia, PA 19130
The one-bedroom residence combines an open living area with in-unit laundry and access to a shared rooftop deck.
Property Size722 SF
Days on Market39
Property Features for 1637-39 POPLAR STREET Unit 5F
General Information
Standard status
Active
Size
722 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Francisville
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,124
Amenities
in-unit laundry
shared rooftop deck
Building Details
Building Size
722 SF
Year Built
2015
Listing Agency:
Keller Williams Real Estate - Newtown
Listed By:
Maddie Callaghan · License #RS374304
(609) 791-9676
Source:
Patmckennarealtors
Added: Sep 24
Changed: Oct 31
Last Checked: Nov 1 at 12:37PM
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 Keller Williams Real Estate - Newtown
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1-bedroom, 1-bathroom residence has an open living and dining area with hardwood flooring and exposed brick. The kitchen includes stainless steel appliances and wood cabinetry, while built-in closet systems serve the bedroom. In-unit laundry and elevator access are part of the building. Constructed in 2015, the property also offers use of a shared rooftop deck with views of the Philadelphia skyline.
The residence is within walking distance of public transportation, Fairmount Avenue and Center City.
The residence is within walking distance of public transportation, Fairmount Avenue and Center City.
Key Highlights
- 1‑bedroom, 1‑bathroom residence
- Shared rooftop deck with Philadelphia skyline views
- Open living and dining area with hardwood floors and exposed brick
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,357
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,140
$227.1K
Cap Rate 7%
$162,243
$162.2K
Cap Rate 9%
$126,189
$126.2K
Market Conditions
NOI Build-Up for 722 SF
Gross rent
$21.9K $30.36/SF
− Vacancy
−$1.3K −$1.76/SF
EGI
$20.6K $28.60/SF
− OpEx
−$9.3K −$12.87/SF
NOI
$11.4K $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%
$227,140
Cap Rate 7%
$162,243
Cap Rate 9%
$126,189
Alternative Uses
Best Use
Apartment 5plus
$162.2K
$142.0K – $189.3K
NOI $11,357 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$176.0K
$154.0K – $205.4K
NOI $12,321 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,682
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
Frequently Asked Questions
What type of property is this?
Residential income property - The one-bedroom residence combines an open living area with in-unit laundry and access to a shared rooftop deck.
Where is this residential income property located?
The property is located at 1637-39 POPLAR STREET Unit 5F Philadelphia, PA.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 1‑bedroom, 1‑bathroom residence; Shared rooftop deck with Philadelphia skyline views; Open living and dining area with hardwood floors and exposed brick
