Renovated Residential Income
For Sale
$235,000
17205 DELAIRE LANDING ROAD Unit 205, Philadelphia, PA 19114
Second-floor condominium with two bedrooms, private entry, updated finishes, and access to extensive community amenities.
Property Size968 SF
Days on Market141
Property Features for 17205 DELAIRE LANDING ROAD Unit 205
General Information
Standard status
Active
Size
968 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northeast Philadelphia
Highway Access
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,736
Amenities
private entrance
Juliet balcony
laundry room
gated entry
24/7 security
Xfinity cable boxes for 2 TVs
water
snow removal
trash removal
common area maintenance
clubhouse
fitness center
game room
library
outdoor pools
tennis courts
playground
BBQ grills
observation deck
plentiful parking
Building Details
Building Size
968 SF
Year Built
1972
Year Renovated
2026
Construction
villa style
Listing Agency:
Realty Mark Associates
Listed By:
Fida U Ahmad · License #RS281105
(215) 498-3437
Source:
Lizclarkrealestate
Added: Jun 14
Changed: Oct 31
Last Checked: Oct 30 at 9:01PM
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 Realty Mark Associates
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Investment Insights
Based on property information with market context.
This second-floor, villa-style condominium offers two bedrooms, one and a half bathrooms, separate living and dining areas, a galley kitchen, and a dedicated laundry room. The primary bedroom opens to a Juliet balcony through sliding glass doors, while the second bedroom provides additional living flexibility. Closet storage is distributed throughout the residence, and the unit has its own private entrance. Major renovations completed in May 2026 include new carpet, replacement windows, a new sliding glass door, and fresh interior paint. The water heater was replaced in 2023, and the HVAC system is serviced and maintained.
Delaire Landing provides gated access, 24/7 security, water service, snow and trash removal, common-area maintenance, and Xfinity cable boxes for 2 TVs. Community facilities include a clubhouse with a fitness center, game room, and library, along with two outdoor pools, tennis courts, a playground, BBQ grills, and an observation deck overlooking the Delaware River. The property is near shopping and I-95, with plentiful parking available.
Delaire Landing provides gated access, 24/7 security, water service, snow and trash removal, common-area maintenance, and Xfinity cable boxes for 2 TVs. Community facilities include a clubhouse with a fitness center, game room, and library, along with two outdoor pools, tennis courts, a playground, BBQ grills, and an observation deck overlooking the Delaware River. The property is near shopping and I-95, with plentiful parking available.
Key Highlights
- Two‑bedroom, 1.5‑bath second‑floor condominium at 17205 DELAIRE LANDING ROAD Unit: 205
- Major renovations completed in May 2026, including carpet, windows, sliding glass door, and fresh paint
- Water heater replaced in 2023; HVAC serviced and maintained
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,226
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,520
$304.5K
Cap Rate 7%
$217,514
$217.5K
Cap Rate 9%
$169,178
$169.2K
Market Conditions
NOI Build-Up for 968 SF
Gross rent
$29.4K $30.36/SF
− Vacancy
−$1.7K −$1.76/SF
EGI
$27.7K $28.60/SF
− OpEx
−$12.5K −$12.87/SF
NOI
$15.2K $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%
$304,520
Cap Rate 7%
$217,514
Cap Rate 9%
$169,178
Alternative Uses
Best Use
Apartment 5plus
$217.5K
$190.3K – $253.8K
NOI $15,226 @ 7.0% cap · market cap 6.48%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$236.0K
$206.5K – $275.3K
NOI $16,519 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Explore this area
Business Placement
Demographics for 19114, PA
32,645
Population
14,703
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
91%
High-School Grad
5.6 sq mi
ZIP Area
5,829
Density / Sq Mi
$76,076
Median Household Income
$48,257
Median Earnings
$1,369
Median Rent
$276,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Second-floor condominium with two bedrooms, private entry, updated finishes, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 17205 DELAIRE LANDING ROAD Unit 205 Philadelphia, PA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two‑bedroom, 1.5‑bath second‑floor condominium at 17205 DELAIRE LANDING ROAD Unit: 205; Major renovations completed in May 2026, including carpet, windows, sliding glass door, and fresh paint; Water heater replaced in 2023; HVAC serviced and maintained
