Residential Income Property with
For Sale
$499,000
1901 JOHN F KENNEDY BOULEVARD Unit 906, Philadelphia, PA 19103
Owner-occupied cooperative residence with an updated kitchen, abundant storage, and shared rooftop amenities.
Property Size1,172 SF
Days on Market93
Property Features for 1901 JOHN F KENNEDY BOULEVARD Unit 906
General Information
Standard status
Active
Size
1,172 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Center City
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
fitness center
library
rooftop deck
pool
grills
seating areas
front desk
lobby attendant
on-site maintenance
grocery store
in-unit washer/dryer
Building Details
Building Size
1,172 SF
Year Built
1968
Listing Agency:
KW Empower
Listed By:
Barbara Sontag-Feldman · License #RSR002442
(917) 562-4147
Source:
Patmckennarealtors
Added: Aug 1
Changed: Oct 31
Last Checked: Oct 30 at 7:57PM
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.
This owner-occupied cooperative residence offers a corner layout with two bedrooms, two bathrooms, and over 1,171 square feet of interior space. Expansive windows bring natural light into the living and dining areas, while the updated kitchen provides substantial cabinetry, counter space, and an in-unit washer and dryer. The primary suite includes a walk-in closet, a second closet, and a private bathroom. Six closets provide additional storage throughout the home.
Kennedy House provides a fitness center, resident library with computers and printers, and a rooftop deck with a pool, grills, seating areas, and city and sunset views. Building services include a staffed front desk seven days per week, a 24/7 lobby attendant, on-site maintenance, and a grocery store with deli service. The monthly fee includes electric, heat, air conditioning, water, basic cable, real estate taxes, and building maintenance.
The property is situated between Rittenhouse Square and Logan Square, near Suburban Station, 30th Street Station, Parkway museums, Logan Circle, universities, and public transportation. On-site garage parking is available. Purchasers require Board approval.
Kennedy House provides a fitness center, resident library with computers and printers, and a rooftop deck with a pool, grills, seating areas, and city and sunset views. Building services include a staffed front desk seven days per week, a 24/7 lobby attendant, on-site maintenance, and a grocery store with deli service. The monthly fee includes electric, heat, air conditioning, water, basic cable, real estate taxes, and building maintenance.
The property is situated between Rittenhouse Square and Logan Square, near Suburban Station, 30th Street Station, Parkway museums, Logan Circle, universities, and public transportation. On-site garage parking is available. Purchasers require Board approval.
Key Highlights
- Over 1,171 square feet with 2 bedrooms and 2 bathrooms
- Corner residence with expansive windows and open living and dining areas
- Updated kitchen with generous cabinetry, counter space, and in‑unit washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,435
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,700
$368.7K
Cap Rate 7%
$263,357
$263.4K
Cap Rate 9%
$204,833
$204.8K
Market Conditions
NOI Build-Up for 1,172 SF
Gross rent
$35.6K $30.36/SF
− Vacancy
−$2.1K −$1.76/SF
EGI
$33.5K $28.60/SF
− OpEx
−$15.1K −$12.87/SF
NOI
$18.4K $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%
$368,700
Cap Rate 7%
$263,357
Cap Rate 9%
$204,833
Alternative Uses
Best Use
Apartment 5plus
$263.4K
$230.4K – $307.3K
NOI $18,435 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$285.7K
$250.0K – $333.3K
NOI $20,000 @ 7.0% cap · market cap 4.01%
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 - Owner-occupied cooperative residence with an updated kitchen, abundant storage, and shared rooftop amenities.
Where is this residential income property located?
The property is located at 1901 JOHN F KENNEDY BOULEVARD Unit 906 Philadelphia, PA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Over 1,171 square feet with 2 bedrooms and 2 bathrooms; Corner residence with expansive windows and open living and dining areas; Updated kitchen with generous cabinetry, counter space, and in‑unit washer and dryer
