Two-Bedroom Apartment with
For Sale
$260,000
1839 N 6TH STREET Unit 2, Philadelphia, PA 19122
Updated two-bath unit features an open living area, stainless steel appliances, in-unit laundry, and contemporary finishes.
Property Size899 SF
Price / SF$260
Days on Market209
Property Features for 1839 N 6TH STREET Unit 2
General Information
Standard status
Active
Size
899 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Greenwich
Public Transit
Yes
Units
Unit Mix
2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$578
Amenities
in-unit laundry
patio
Building Details
Building Size
899 SF
Year Built
2019
Listing Agency:
KW Empower
Listed By:
Gaurav Gambhir · License #AB067538
(267) 994-3870
Source:
Patmckennarealtors
Added: Apr 6
Changed: Oct 31
Last Checked: Oct 30 at 11:00PM
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 KW Empower
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Investment Insights
Based on property information with market context.
Unit 2 is a 2-bedroom, 2-bathroom apartment built in 2019 with approximately 1,000 sq. ft. of living space. Its layout connects the living and dining areas, while the kitchen includes stainless steel appliances. In-unit laundry, upgraded LVT flooring, generous closet space, and updated bathroom fixtures add practical functionality. A private patio extends the usable living area.
The property is located at 1839 N 6TH STREET in Philadelphia, with access to shopping, dining, and public transit identified in the listing information. The property also includes a tax abatement.
The property is located at 1839 N 6TH STREET in Philadelphia, with access to shopping, dining, and public transit identified in the listing information. The property also includes a tax abatement.
Key Highlights
- 2‑bedroom, 2‑bathroom apartment with approximately 1,000 sq. ft.
- Built in 2019
- Open‑concept living and dining layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,730
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,600
$314.6K
Cap Rate 7%
$224,714
$224.7K
Cap Rate 9%
$174,778
$174.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$30.4K $30.36/SF
− Vacancy
−$1.8K −$1.76/SF
EGI
$28.6K $28.60/SF
− OpEx
−$12.9K −$12.87/SF
NOI
$15.7K $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%
$314,600
Cap Rate 7%
$224,714
Cap Rate 9%
$174,778
Alternative Uses
Best Use
Apartment 5plus
$224.7K
$196.6K – $262.2K
NOI $15,730 @ 7.0% cap · market cap 6.05%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$243.8K
$213.3K – $284.4K
NOI $17,065 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,672
Businesses Nearby
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Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated two-bath unit features an open living area, stainless steel appliances, in-unit laundry, and contemporary finishes.
Where is this residential income property located?
The property is located at 1839 N 6TH STREET Unit 2 Philadelphia, PA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bathroom apartment with approximately 1,000 sq. ft.; Built in 2019; Open‑concept living and dining layout
