Updated Efficiency Residential
For Sale
$149,000
1901 JOHN F KENNEDY BOULEVARD Unit 1512, Philadelphia, PA 19103
475-square-foot cooperative residence with an open kitchen, renovated bath, storage, and access to extensive building amenities.
Property Size475 SF
Price / SF$313.68
Days on Market124
Property Features for 1901 JOHN F KENNEDY BOULEVARD Unit 1512
General Information
Standard status
Active
Size
475 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Center City
Public Transit
Yes
Units
Unit Mix
1 x efficiency
Multifamily Units
1
Amenities
24-hour security
doorman service
on-site management
maintenance
rooftop swimming pool
sun deck
fitness center
hospitality suites
community laundry facility
garage parking
storage locker
Building Details
Building Size
475 SF
Year Built
1968
Listing Agency:
KW Main Line - Narberth
Listed By:
Damon C. Michels · License #AB067731
(610) 731-9300
Source:
Patmckennarealtors
Added: Jun 30
Changed: Oct 31
Last Checked: Oct 30 at 10:54PM
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 Main Line - Narberth
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Investment Insights
Based on property information with market context.
This 475-square-foot efficiency at Kennedy House features an open living arrangement enhanced by recessed lighting, crown molding, exposed brick, and an electric fireplace with a stone surround. The eat-in kitchen includes a breakfast bar, granite counters, stainless steel appliances, and ample cabinetry. A refreshed bathroom with a full bathtub, generous closet space, a storage locker, and newer windows complete the unit.
Building services include 24-hour security, doorman coverage, on-site management and maintenance, hospitality suites, a 30th-floor laundry facility, fitness center, rooftop pool and sun deck, and garage parking. The rooftop pool and sun deck are undergoing renovation. The cooperative fee includes electric, heat, air conditioning, water, basic cable, real estate taxes, and the building maintenance package.
The property is located at 1901 John F Kennedy Boulevard in Philadelphia, one block from Suburban Station and three blocks from 30th Street Station, with SEPTA access and Kennedy Market and Chima Brazilian Steakhouse in the building.
Building services include 24-hour security, doorman coverage, on-site management and maintenance, hospitality suites, a 30th-floor laundry facility, fitness center, rooftop pool and sun deck, and garage parking. The rooftop pool and sun deck are undergoing renovation. The cooperative fee includes electric, heat, air conditioning, water, basic cable, real estate taxes, and the building maintenance package.
The property is located at 1901 John F Kennedy Boulevard in Philadelphia, one block from Suburban Station and three blocks from 30th Street Station, with SEPTA access and Kennedy Market and Chima Brazilian Steakhouse in the building.
Key Highlights
- 475 sq. ft. efficiency with open‑concept living area
- Updated eat‑in kitchen with breakfast bar, granite counters, and stainless steel appliances
- 24‑hour security, doorman service, on‑site management, and maintenance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,472
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$149,440
$149.4K
Cap Rate 7%
$106,743
$106.7K
Cap Rate 9%
$83,022
$83.0K
Market Conditions
NOI Build-Up for 475 SF
Gross rent
$14.4K $30.36/SF
− Vacancy
−$836 −$1.76/SF
EGI
$13.6K $28.60/SF
− OpEx
−$6.1K −$12.87/SF
NOI
$7.5K $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%
$149,440
Cap Rate 7%
$106,743
Cap Rate 9%
$83,022
Alternative Uses
Best Use
Apartment 5plus
$106.7K
$93.4K – $124.5K
NOI $7,472 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$115.8K
$101.3K – $135.1K
NOI $8,106 @ 7.0% cap · market cap 5.44%
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 - 475-square-foot cooperative residence with an open kitchen, renovated bath, storage, and access to extensive building amenities.
Where is this residential income property located?
The property is located at 1901 JOHN F KENNEDY BOULEVARD Unit 1512 Philadelphia, PA.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: 475 sq. ft. efficiency with open‑concept living area; Updated eat‑in kitchen with breakfast bar, granite counters, and stainless steel appliances; 24‑hour security, doorman service, on‑site management, and maintenance
