Kennedy House Residential Income
For Sale
$199,000
1901 JOHN F KENNEDY BOULEVARD Unit 913, Philadelphia, PA 19103
Spacious co-op residence with walk-in closets, in-unit laundry, and access to extensive building amenities.
Property Size872 SF
Price / SF$228.21
Days on Market201
Property Features for 1901 JOHN F KENNEDY BOULEVARD Unit 913
General Information
Standard status
Active
Size
872 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Center City
Public Transit
Yes
Additional Details
Multifamily Units
1
Amenities
24-hour doorperson
updated fitness center
resident library
on-site laundry facilities
rooftop deck
Building Details
Building Size
872 SF
Year Built
1960
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Melissa Valenti · License #RS285747
(215) 939-5823
Source:
Patmckennarealtors
Added: Apr 14
Changed: Oct 31
Last Checked: Oct 30 at 8:02PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit 913 at Kennedy House is an 872-square-foot co-op residence built in 1960, with a generously proportioned interior, two large walk-in closets, and in-unit laundry. The space is positioned for customization, while residents also have access to a 24-hour doorperson, fitness center, library, rooftop deck, on-site laundry facilities, and garage parking. The building permits cats.
The property occupies a central Philadelphia location near both Suburban Station and 30th Street Station, with Rittenhouse Square within walking distance. Dining, shopping, and daily conveniences are close by, including Kennedy Food Garden in the building and Trader Joe’s two blocks away. The monthly co-op fee covers utilities, basic cable, real estate taxes, and maintenance. Purchasers require Kennedy House Board approval.
The property occupies a central Philadelphia location near both Suburban Station and 30th Street Station, with Rittenhouse Square within walking distance. Dining, shopping, and daily conveniences are close by, including Kennedy Food Garden in the building and Trader Joe’s two blocks away. The monthly co-op fee covers utilities, basic cable, real estate taxes, and maintenance. Purchasers require Kennedy House Board approval.
Key Highlights
- 872‑square‑foot residence in Kennedy House
- Two large walk‑in closets and in‑unit laundry
- 24‑hour doorperson, fitness center, library, and rooftop deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,716
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,320
$274.3K
Cap Rate 7%
$195,943
$195.9K
Cap Rate 9%
$152,400
$152.4K
Market Conditions
NOI Build-Up for 872 SF
Gross rent
$26.5K $30.36/SF
− Vacancy
−$1.5K −$1.76/SF
EGI
$24.9K $28.60/SF
− OpEx
−$11.2K −$12.87/SF
NOI
$13.7K $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%
$274,320
Cap Rate 7%
$195,943
Cap Rate 9%
$152,400
Alternative Uses
Best Use
Apartment 5plus
$195.9K
$171.5K – $228.6K
NOI $13,716 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$212.6K
$186.0K – $248.0K
NOI $14,881 @ 7.0% cap · market cap 7.48%
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 - Spacious co-op residence with walk-in closets, in-unit laundry, and access to extensive building amenities.
Where is this residential income property located?
The property is located at 1901 JOHN F KENNEDY BOULEVARD Unit 913 Philadelphia, PA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 872‑square‑foot residence in Kennedy House; Two large walk‑in closets and in‑unit laundry; 24‑hour doorperson, fitness center, library, and rooftop deck
