Residential Income Property with
For Sale
$650,000
1901 JOHN F KENNEDY Unit 1119-20, Philadelphia, PA 19103
The residence combines three bedrooms, a den, and full-service building amenities in central Philadelphia.
Property Size1,924 SF
Price / SF$337.84
Days on Market38
Property Features for 1901 JOHN F KENNEDY Unit 1119-20
General Information
Standard status
Active
Size
1,924 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Center City
Public Transit
Yes
Units
Unit Mix
1 x 3BR/3BA
Multifamily Units
1
Amenities
24-hour doorperson
updated fitness center
resident library
on-site laundry facilities
newly renovated rooftop deck
Building Details
Building Size
1,924 SF
Year Built
1960
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Melissa Valenti · License #RS285747
(215) 939-5823
Source:
Patmckennarealtors
Added: Sep 24
Changed: Oct 29
Last Checked: Oct 30 at 7:37PM
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 Compass Pennsylvania, LLC
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Investment Insights
Based on property information with market context.
This 1,924-square-foot residence at Kennedy House has three bedrooms, three full bathrooms, and a den. A south-facing balcony extends 45 feet, and the interior is presented for reconfiguration. The building dates to 1960 and provides a 24-hour doorperson, fitness center, resident library, laundry facilities, rooftop deck, and on-site garage parking. Cats are permitted. The monthly co-op fee covers utilities, basic cable, real estate taxes, and maintenance.
The property is within walking distance of Suburban Station, 30th Street Station, and Rittenhouse Square. Kennedy Food Garden operates in the building, and Trader Joe’s is two blocks away. Purchase is subject to Kennedy House Board approval.
The property is within walking distance of Suburban Station, 30th Street Station, and Rittenhouse Square. Kennedy Food Garden operates in the building, and Trader Joe’s is two blocks away. Purchase is subject to Kennedy House Board approval.
Key Highlights
- 1,924‑square‑foot residence with three bedrooms, three full bathrooms, and a den
- South‑facing balcony measuring 45 feet long
- Kennedy House amenities include a 24‑hour doorperson, fitness center, library, laundry, and renovated rooftop deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,264
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$605,280
$605.3K
Cap Rate 7%
$432,343
$432.3K
Cap Rate 9%
$336,267
$336.3K
Market Conditions
NOI Build-Up for 1,924 SF
Gross rent
$58.4K $30.36/SF
− Vacancy
−$3.4K −$1.76/SF
EGI
$55.0K $28.60/SF
− OpEx
−$24.8K −$12.87/SF
NOI
$30.3K $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%
$605,280
Cap Rate 7%
$432,343
Cap Rate 9%
$336,267
Alternative Uses
Best Use
Apartment 5plus
$432.3K
$378.3K – $504.4K
NOI $30,264 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$469.0K
$410.4K – $547.2K
NOI $32,833 @ 7.0% cap · market cap 5.05%
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
18,683
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
Frequently Asked Questions
What type of property is this?
Residential income property - The residence combines three bedrooms, a den, and full-service building amenities in central Philadelphia.
Where is this residential income property located?
The property is located at 1901 JOHN F KENNEDY Unit 1119-20 Philadelphia, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1,924‑square‑foot residence with three bedrooms, three full bathrooms, and a den; South‑facing balcony measuring 45 feet long; Kennedy House amenities include a 24‑hour doorperson, fitness center, library, laundry, and renovated rooftop deck
