Bi-Level Residential Income
For Sale
$299,900
200 LOMBARD STREET Unit 732, Philadelphia, PA 19147
Condominium residence with private roof deck, in-unit laundry, fireplace, and access to building amenities in Society Hill.
Property Size932 SF
Days on Market82
Property Features for 200 LOMBARD STREET Unit 732
General Information
Standard status
Active
Size
932 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
$4,125
Amenities
concierge
fitness center
common courtyard
Building Details
Building Size
932 SF
Year Built
1985
Listing Agency:
Elfant Wissahickon Realtors
Listed By:
Jeanne A Whipple · License #RS275042
(215) 866-0050
Source:
Patmckennarealtors
Added: Aug 12
Changed: Oct 31
Last Checked: Oct 30 at 10:52PM
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.
This bi-level condominium at Abbotts Square provides a defined separation between living and sleeping areas. The main floor includes an open living and dining arrangement, hardwood flooring, a wood-burning fireplace, half bath, in-unit laundry, and a kitchen equipped with stainless steel appliances and substantial storage. Upstairs, the bedroom includes generous closet space and an ensuite bath with dual sinks, a soaking tub, and a separate glass-enclosed shower. A private roof deck extends from the bedroom and faces south across the city.
Building amenities include a 24-hour front desk concierge, elevator service, fitness center, and shared courtyard. Garage parking may be available for an additional fee, subject to availability. The property is across from Headhouse Square, near neighborhood restaurants, cafés, shops, and the Sunday Farmers Market. Penn’s Landing and the Delaware River waterfront are within walking distance, while I-95 provides regional access. Construction is underway on the 11.5-acre Park at Penn’s Landing. The building dates to 1985.
Building amenities include a 24-hour front desk concierge, elevator service, fitness center, and shared courtyard. Garage parking may be available for an additional fee, subject to availability. The property is across from Headhouse Square, near neighborhood restaurants, cafés, shops, and the Sunday Farmers Market. Penn’s Landing and the Delaware River waterfront are within walking distance, while I-95 provides regional access. Construction is underway on the 11.5-acre Park at Penn’s Landing. The building dates to 1985.
Key Highlights
- Bi‑level condominium with separate living and sleeping levels
- Private roof deck with southern views across the city
- Main level features hardwood floors, wood‑burning fireplace, half bath, laundry, and stainless steel kitchen appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,660
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,200
$293.2K
Cap Rate 7%
$209,429
$209.4K
Cap Rate 9%
$162,889
$162.9K
Market Conditions
NOI Build-Up for 932 SF
Gross rent
$28.3K $30.36/SF
− Vacancy
−$1.6K −$1.76/SF
EGI
$26.7K $28.60/SF
− OpEx
−$12.0K −$12.87/SF
NOI
$14.7K $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%
$293,200
Cap Rate 7%
$209,429
Cap Rate 9%
$162,889
Alternative Uses
Best Use
Apartment 5plus
$209.4K
$183.3K – $244.3K
NOI $14,660 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$227.2K
$198.8K – $265.1K
NOI $15,904 @ 7.0% cap · market cap 5.30%
Zoning and permitted uses should be independently verified with authorities.
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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 - Condominium residence with private roof deck, in-unit laundry, fireplace, and access to building amenities in Society Hill.
Where is this residential income property located?
The property is located at 200 LOMBARD STREET Unit 732 Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Bi‑level condominium with separate living and sleeping levels; Private roof deck with southern views across the city; Main level features hardwood floors, wood‑burning fireplace, half bath, laundry, and stainless steel kitchen appliances
