Residential Income Property with
For Sale
$245,000
200 LOMBARD STREET Unit 528, Philadelphia, PA 19147
One-bedroom residence with building amenities, in-unit laundry, and access to Society Hill neighborhood destinations.
Property Size815 SF
Price / SF$300.61
Days on Market139
Property Features for 200 LOMBARD STREET Unit 528
General Information
Standard status
Active
Size
815 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Society Hill
Highway Access
Yes
Units
Unit Mix
1 x 1BR/1.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,922
Amenities
24-hour front desk concierge
fitness center
common courtyard
private balcony
Building Details
Building Size
815 SF
Year Built
1985
Listing Agency:
Elfant Wissahickon Realtors
Listed By:
Jeanne A Whipple · License #RS275042
(215) 866-0050
Source:
Patmckennarealtors
Added: Jun 15
Changed: Oct 31
Last Checked: Oct 31 at 12:07AM
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 Elfant Wissahickon Realtors
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Investment Insights
Based on property information with market context.
Unit 528 at Abbotts Square is an approximately 815-square-foot, one-bedroom residence with one full bath and one half bath. The interior includes distinct living and dining areas, stainless steel appliances, built-in cabinetry, substantial storage, and a stackable washer and dryer. The primary suite includes a private bathroom and walk-in closet, while a private balcony faces South Street.
Building amenities include a 24-hour front desk concierge, elevator service, fitness center, and landscaped common courtyard. The property is at 200 Lombard Street in Philadelphia’s Society Hill, across from Headhouse Square and near the Sunday Farmers Market, local restaurants, cafés, and boutique retail. Penn’s Landing, Spruce Street Harbor Park, and the Delaware River waterfront are within walking distance, with I-95 providing regional access.
Building amenities include a 24-hour front desk concierge, elevator service, fitness center, and landscaped common courtyard. The property is at 200 Lombard Street in Philadelphia’s Society Hill, across from Headhouse Square and near the Sunday Farmers Market, local restaurants, cafés, and boutique retail. Penn’s Landing, Spruce Street Harbor Park, and the Delaware River waterfront are within walking distance, with I-95 providing regional access.
Key Highlights
- Approximately 815 SF with one bedroom, one full bath, and one half bath
- Private balcony overlooking South Street
- Open living and dining arrangement with built‑in cabinetry and ample storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,820
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,400
$256.4K
Cap Rate 7%
$183,143
$183.1K
Cap Rate 9%
$142,444
$142.4K
Market Conditions
NOI Build-Up for 815 SF
Gross rent
$24.7K $30.36/SF
− Vacancy
−$1.4K −$1.76/SF
EGI
$23.3K $28.60/SF
− OpEx
−$10.5K −$12.87/SF
NOI
$12.8K $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%
$256,400
Cap Rate 7%
$183,143
Cap Rate 9%
$142,444
Alternative Uses
Best Use
Apartment 5plus
$183.1K
$160.3K – $213.7K
NOI $12,820 @ 7.0% cap · market cap 5.23%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$198.7K
$173.9K – $231.8K
NOI $13,908 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
10,805
Businesses Nearby
Explore this area
Business Placement
Demographics for 19147, PA
41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom residence with building amenities, in-unit laundry, and access to Society Hill neighborhood destinations.
Where is this residential income property located?
The property is located at 200 LOMBARD STREET Unit 528 Philadelphia, PA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Approximately 815 SF with one bedroom, one full bath, and one half bath; Private balcony overlooking South Street; Open living and dining arrangement with built‑in cabinetry and ample storage
