Residential Income Property with Rooftop
For Sale
$290,000
Pending
1901 JOHN F KENNEDY BOULEVARD Unit 2001, Philadelphia, PA 19103
A one-bedroom co-op residence offers in-unit laundry and access to building amenities.
Property Size897 SF
Days on Market32
Property Features for 1901 JOHN F KENNEDY BOULEVARD Unit 2001
General Information
Standard status
Pending
Size
897 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Center City
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Amenities
seasonal rooftop pool
lounge deck
fitness center
24-hour front desk security
community room
on-site garage
in-unit washer and dryer
Building Details
Building Size
897 SF
Year Built
1968
Listing Agency:
KW Empower
Listed By:
Martin Rodriguez · License #RS348037
(609) 226-9287
Source:
Patmckennarealtors
Added: Sep 30
Changed: Oct 31
Last Checked: Oct 30 at 7:47PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 897-square-foot, one-bedroom co-op residence at Kennedy House has an open living and dining area, hardwood floors, ample closets, and an in-unit washer and dryer. The unit is on a high floor and has views of the city skyline and river. Built in 1968, the building includes a seasonal rooftop pool and lounge deck, fitness center, community room, 24-hour front desk security, and an on-site garage with direct building access. The monthly co-op fee covers electricity, heat, air conditioning, basic cable, and real estate taxes.
The property is on John F. Kennedy Boulevard in Philadelphia’s Logan Square and Center City area. Suburban Station, Amtrak’s 30th Street Station, and Rittenhouse Square are described as being a few blocks away; the surrounding area also includes cultural attractions, restaurants, and shopping.
The property is on John F. Kennedy Boulevard in Philadelphia’s Logan Square and Center City area. Suburban Station, Amtrak’s 30th Street Station, and Rittenhouse Square are described as being a few blocks away; the surrounding area also includes cultural attractions, restaurants, and shopping.
Key Highlights
- 897‑square‑foot, one‑bedroom co‑op residence
- Monthly co‑op fee includes electricity, heat, air conditioning, basic cable, and real estate taxes
- High‑floor unit with city skyline and river views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,109
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,180
$282.2K
Cap Rate 7%
$201,557
$201.6K
Cap Rate 9%
$156,767
$156.8K
Market Conditions
NOI Build-Up for 897 SF
Gross rent
$27.2K $30.36/SF
− Vacancy
−$1.6K −$1.76/SF
EGI
$25.7K $28.60/SF
− OpEx
−$11.5K −$12.87/SF
NOI
$14.1K $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%
$282,180
Cap Rate 7%
$201,557
Cap Rate 9%
$156,767
Alternative Uses
Best Use
Apartment 5plus
$201.6K
$176.4K – $235.2K
NOI $14,109 @ 7.0% cap · market cap 4.87%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$218.7K
$191.3K – $255.1K
NOI $15,307 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Paved road access
Yes
Utilities to site
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 - A one-bedroom co-op residence offers in-unit laundry and access to building amenities.
Where is this residential income property located?
The property is located at 1901 JOHN F KENNEDY BOULEVARD Unit 2001 Philadelphia, PA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 897‑square‑foot, one‑bedroom co‑op residence; Monthly co‑op fee includes electricity, heat, air conditioning, basic cable, and real estate taxes; High‑floor unit with city skyline and river views
