Residential Income Property with
For Sale
$289,900
1810 RITTENHOUSE SQUARE Unit 610, Philadelphia, PA 19103
One-bedroom condominium residence with an open kitchen, living area, private basement storage, and access to full-service building amenities.
Property Size622 SF
Days on Market55
Property Features for 1810 RITTENHOUSE SQUARE Unit 610
General Information
Standard status
Active
Size
622 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Center City
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,725
Amenities
24-hour front desk
fitness center
bike room
laundry room
roof deck
private storage unit
Building Details
Building Size
622 SF
Year Built
1952
Buildings
1
Construction
mid-century modern
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Evan Frisina · License #RS328186
(215) 205-7351
Source:
Patmckennarealtors
Added: Sep 8
Changed: Oct 31
Last Checked: Nov 1 at 2:02PM
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
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.
Residence 610 is a one-bedroom condominium within The Rittenhouse Savoy, a 1952 high-rise positioned directly across from Rittenhouse Square Park. The floor plan connects the kitchen and living room in an open arrangement, with a breakfast bar, stainless steel appliances, gas range, paneled dishwasher, dining nook, and three living-room windows. The bedroom includes four windows and two oversized closets with shelving. A full bathroom provides a tub and shower enclosure, modern vanity, and hallway linen storage. A private basement storage unit is included with the residence.
Building amenities include a 24-hour front desk, fitness center, bike room, laundry room, and newly completed roof deck. The monthly condo fee includes gas, electric, heat, AC, water, sewer, and cable. Cats are permitted. The property is near the restaurants and shops of Rittenhouse and Fitler Square, with access to Suburban Station, 30th Street Station, and the Schuylkill Banks waterfront.
Building amenities include a 24-hour front desk, fitness center, bike room, laundry room, and newly completed roof deck. The monthly condo fee includes gas, electric, heat, AC, water, sewer, and cable. Cats are permitted. The property is near the restaurants and shops of Rittenhouse and Fitler Square, with access to Suburban Station, 30th Street Station, and the Schuylkill Banks waterfront.
Key Highlights
- One‑bedroom residence with open kitchen and living‑room configuration
- Private storage unit located in the building basement
- Built in 1952; The Rittenhouse Savoy is a high‑rise across from Rittenhouse Square Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,784
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$195,680
$195.7K
Cap Rate 7%
$139,771
$139.8K
Cap Rate 9%
$108,711
$108.7K
Market Conditions
NOI Build-Up for 622 SF
Gross rent
$18.9K $30.36/SF
− Vacancy
−$1.1K −$1.76/SF
EGI
$17.8K $28.60/SF
− OpEx
−$8.0K −$12.87/SF
NOI
$9.8K $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%
$195,680
Cap Rate 7%
$139,771
Cap Rate 9%
$108,711
Alternative Uses
Best Use
Apartment 5plus
$139.8K
$122.3K – $163.1K
NOI $9,784 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$151.6K
$132.7K – $176.9K
NOI $10,614 @ 7.0% cap · market cap 3.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
18,587
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom condominium residence with an open kitchen, living area, private basement storage, and access to full-service building amenities.
Where is this residential income property located?
The property is located at 1810 RITTENHOUSE SQUARE Unit 610 Philadelphia, PA.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: One‑bedroom residence with open kitchen and living‑room configuration; Private storage unit located in the building basement; Built in 1952; The Rittenhouse Savoy is a high‑rise across from Rittenhouse Square Park
