Two-Unit Residential
For Sale
$699,900
200 LOCUST STREET Unit 10AHN, Philadelphia, PA 19106
Adjacent residences may be combined into a larger home with expanded bedroom and entertaining space.
Property Size1,814 SF
Price / SF$385.83
Days on Market99
Property Features for 200 LOCUST STREET Unit 10AHN
General Information
Standard status
Active
Size
1,814 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Center City
Units
Unit Mix
1 x 2BR, 1 x 1BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,798
Amenities
24-hour doorman
outdoor seasonal pool
fitness room
storage lockers
Philly Car Share
coin operated laundry room
market
dry cleaner
Zahav
Building Details
Building Size
1,814 SF
Year Built
1963
Listing Agency:
Keller Williams Realty
Listed By:
Desantis Real Estate Team · License #342628
(267) 625-7016
Source:
Desantis-realestate
Added: Jul 24
Changed: Oct 27
Last Checked: Oct 26 at 5:43PM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
Two adjacent condominiums at Society Hill Towers include a corner two-bedroom home and a one-bedroom residence. Together, the units total 1,814 square feet and may be combined into a layout with up to three bedrooms and two bathrooms. Southern exposure and floor-to-ceiling windows bring natural light into the residences, with sunset views toward the Center City skyline.
The 1963 building has a 24-hour doorman, and all utilities are included for residents. Building amenities and services include an outdoor seasonal pool, fitness room, storage lockers, underground garage parking, an on-site car-share service, and basement coin-operated laundry. A shopping plaza on the property includes a market, dry cleaner, and Zahav restaurant.
The 1963 building has a 24-hour doorman, and all utilities are included for residents. Building amenities and services include an outdoor seasonal pool, fitness room, storage lockers, underground garage parking, an on-site car-share service, and basement coin-operated laundry. A shopping plaza on the property includes a market, dry cleaner, and Zahav restaurant.
Key Highlights
- Adjacent two‑bedroom and one‑bedroom condominiums, totaling 1,814 square feet
- Potential combined layout with up to three bedrooms and two bathrooms
- Corner residence with southern exposure and floor‑to‑ceiling windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,533
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,660
$570.7K
Cap Rate 7%
$407,614
$407.6K
Cap Rate 9%
$317,033
$317.0K
Market Conditions
NOI Build-Up for 1,814 SF
Gross rent
$55.1K $30.36/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$51.9K $28.60/SF
− OpEx
−$23.3K −$12.87/SF
NOI
$28.5K $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%
$570,660
Cap Rate 7%
$407,614
Cap Rate 9%
$317,033
Alternative Uses
Best Use
Apartment 5plus
$407.6K
$356.7K – $475.6K
NOI $28,533 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$442.2K
$387.0K – $515.9K
NOI $30,956 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
6,814
Businesses Nearby
Explore this area
Business Placement
Demographics for 19106, PA
15,190
Population
9,913
Households
1.5
Avg Household Size
39
Median Age
80%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
16,878
Density / Sq Mi
$129,779
Median Household Income
$93,953
Median Earnings
$2,219
Median Rent
$528,700
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Adjacent residences may be combined into a larger home with expanded bedroom and entertaining space.
Where is this residential income property located?
The property is located at 200 LOCUST STREET Unit 10AHN Philadelphia, PA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Adjacent two‑bedroom and one‑bedroom condominiums, totaling 1,814 square feet; Potential combined layout with up to three bedrooms and two bathrooms; Corner residence with southern exposure and floor‑to‑ceiling windows
