Tri-Level Residential Income
For Sale
$265,000
1713 GREEN STREET Unit 5, Philadelphia, PA 19130
Character-rich tri-level residence within a six-home brick building, featuring updated interiors and shared courtyard access.
Property Size820 SF
Days on Market158
Property Features for 1713 GREEN STREET Unit 5
General Information
Standard status
Active
Size
820 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$3,635
Building Details
Building Size
820 SF
Year Built
1918
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Brett L Rosenthal · License #RS289887
(267) 342-8001
Source:
Patmckennarealtors
Added: Apr 3
Changed: Aug 28
Last Checked: Sep 7 at 9:24AM
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 Compass Pennsylvania, LLC
Investment Insights
Based on property information with market context.
This tri-level residence occupies part of a stately brick building containing six residences. Interior details include 10+ foot ceilings, hardwood flooring, crown molding, wainscoting, deep-set windows, oversized baseboards, and a decorative fireplace with a marble mantle. The renovated kitchen includes stainless steel appliances, updated cabinetry, a farmhouse sink, and tile flooring and backsplash. The home also offers a bedroom with two closets, a full bathroom with a pedestal sink and tub/shower combination, built-in shelving, and dedicated basement storage.
A light-filled upper level with a full wall of windows provides flexible space for an office, den, or guest suite. Residents share a courtyard, while the property’s Historic Spring Garden setting places it near Whole Foods, restaurants, cultural institutions, and the Schuylkill River Trail. Built in 1918, the residence was recently repainted.
A light-filled upper level with a full wall of windows provides flexible space for an office, den, or guest suite. Residents share a courtyard, while the property’s Historic Spring Garden setting places it near Whole Foods, restaurants, cultural institutions, and the Schuylkill River Trail. Built in 1918, the residence was recently repainted.
Key Highlights
- Tri‑level residence in a stately brick building with six residences
- 10+ foot ceilings, hardwood floors, crown molding, and wainscoting
- Updated kitchen with stainless steel appliances, farmhouse sink, and tile finishes
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,898
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$257,960
$258.0K
Cap Rate 7%
$184,257
$184.3K
Cap Rate 9%
$143,311
$143.3K
Market Conditions
NOI Build-Up for 820 SF
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.
Gross rent
$24.9K $30.36/SF
− Vacancy
−$1.4K −$1.76/SF
EGI
$23.5K $28.60/SF
− OpEx
−$10.6K −$12.87/SF
NOI
$12.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$257,960
Cap Rate 7%
$184,257
Cap Rate 9%
$143,311
Alternative Uses
Best Use
Apartment 5plus
$184.3K
$161.2K – $215.0K
NOI $12,898 @ 7.0% cap · market cap 4.87%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$199.9K
$174.9K – $233.2K
NOI $13,993 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,508
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Character-rich tri-level residence within a six-home brick building, featuring updated interiors and shared courtyard access.
Where is this residential income property located?
The property is located at 1713 GREEN STREET Unit 5 Philadelphia, PA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Tri‑level residence in a stately brick building with six residences; 10+ foot ceilings, hardwood floors, crown molding, and wainscoting; Updated kitchen with stainless steel appliances, farmhouse sink, and tile finishes
