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Split-Level Residential Income Property
For Sale
$279,900

1936 CHRISTIAN STREET Unit A, Philadelphia, PA 19146

Unit A offers flexible living space, private outdoor area, central air, and dedicated laundry in the shared basement.

Property Size1,162 SF
Days on Market42

Property Features for 1936 CHRISTIAN STREET Unit A

General Information

Standard status Active
Size 1,162 SF
Property subtype Unit/Flat/Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $4,335

Amenities

central air conditioning
shared basement
washer/dryer
rear patio

Building Details

Building Size 1,162 SF
Year Built 1905
Listing Agency: Rosedale Real Estate LLC
Listed By: Neeraj Jassal · License #RS280105
Source: Patmckennarealtors
Added: Jun 24 Changed: Aug 4 Last Checked: Aug 4 at 4:46AM

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 Rosedale Real Estate LLC

Investment Insights

Based on property information with market context.

Unit A is a split-level residential income property in a building constructed in 1905. The layout includes hardwood flooring, a living area, an efficient kitchen with black granite counters, breakfast bar seating, stainless steel appliances, and classic cabinetry. An open landing provides a separate zone suitable for office or creative work, while the rear bedroom connects to a full bathroom and private patio and backyard space. Central air conditioning serves the residence.

The property is located on Christian Street in Philadelphia’s Graduate Hospital area, near neighborhood cafes, pocket parks, and local restaurants. The Schuylkill River Trail is accessible for running, biking, and recreation, while the South Street Bridge provides connections to the University of Pennsylvania, CHOP, the surrounding hospital campus, and Center City.

A shared basement contains building mechanicals, additional storage space, and a private washer and dryer assigned to the unit.

Key Highlights

  • Split‑level layout with a separate open landing for office or creative workspace
  • Private rear patio and backyard shaded by mature tree canopy
  • Kitchen with black granite counters, breakfast bar, stainless steel appliances, and classic cabinetry

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $35.3k $30.36
− Vacancy −$2.0k −$1.76
EGI $33.2k $28.60
− OpEx −$15.0k −$12.87
NOI $18.3k $15.73
1,162 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$261.1K
$228.5K – $304.6K (±1% cap)
NOI $18,278 @ 7.0% cap · market cap 6.53%
Second Best
no second resolved use
Theoretical Best
Multifamily LT 5
$283.3K
$247.9K – $330.5K (±1% cap)
NOI $19,829 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Nursing Home Tanning Salon Electrical Service Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

5,711
Businesses Nearby

Demographics for 19146, PA

41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in Philadelphia, PA

$327 Feb
$251 Mar
$237 Apr
$225 May
$231 Jun
$224 Jul

Properties on Market for Residential income properties in Philadelphia

Feb
Mar
Apr
May
Jun
Jul
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Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Unit A offers flexible living space, private outdoor area, central air, and dedicated laundry in the shared basement.
Where is this residential income property located?
The property is located at 1936 CHRISTIAN STREET Unit A Philadelphia, PA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Split‑level layout with a separate open landing for office or creative workspace; Private rear patio and backyard shaded by mature tree canopy; Kitchen with black granite counters, breakfast bar, stainless steel appliances, and classic cabinetry
More about this property
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