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Residential Income Property with Garage
New
For Sale
$525,000

2000 KIMBALL STREET Unit B3, Philadelphia, PA 19146

Second-floor condominium offers two bedrooms, two full baths, and private rooftop space.

Property Size1,054 SF
Days on Market5

Property Features for 2000 KIMBALL STREET Unit B3

General Information

Standard status Active
Size 1,054 SF
Total Parking Spaces 1
Elevators Yes
Property subtype Unit/Flat/Apartment

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $6,289

Amenities

in-unit washer/dryer
dedicated rooftop space

Building Details

Building Size 1,054 SF
Year Built 2013
Stories 4
Listing Agency: Keller Williams Main Line
Listed By: Marie Pogue · License #RS279425
Source: Patmckennarealtors
Added: Jul 31 Changed: Aug 4 Last Checked: Aug 4 at 3:48AM

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 Main Line

Investment Insights

Based on property information with market context.

This second-floor condominium is part of a four-story elevator building constructed in 2013. The residence includes two bedrooms, two full bathrooms, an open kitchen with white and charcoal cabinetry, white quartz counters, wood flooring, fresh paint, and an in-unit washer and dryer. Large windows provide natural light throughout. The primary suite has a walk-in closet, ensuite bathroom, jacuzzi tub, ceramic tile flooring, and a floating vanity. The second bedroom includes two closets and convenient access to the hall bathroom.

The property includes a deeded one-car garage parking space, with garage entry available from inside the building, along with dedicated rooftop space oriented toward the Philadelphia skyline. The address is within walking distance of CHOP, the Pennsylvania Hospital System, Graduate Hospital, Broad Street train service, buses, restaurants, shops, and stores.

Key Highlights

  • Two‑bedroom, two‑bath condominium in a four‑story elevator building
  • Constructed in 2013 with open kitchen, quartz countertops, and wood flooring
  • Primary suite includes walk‑in closet, ensuite bath, and jacuzzi tub

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 $32.0k $30.36
− Vacancy −$1.9k −$1.76
EGI $30.1k $28.60
− OpEx −$13.6k −$12.87
NOI $16.6k $15.73
1,054 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$236.8K
$207.2K – $276.3K (±1% cap)
NOI $16,579 @ 7.0% cap · market cap 3.16%
Second Best
no second resolved use
Theoretical Best
Multifamily LT 5
$256.9K
$224.8K – $299.8K (±1% cap)
NOI $17,986 @ 7.0% cap · market cap 3.43%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Nursing Home Electrical Service Auto Parts Store Tanning Salon HVAC Service 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

3,619
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
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Frequently Asked Questions

What type of property is this?
Residential income property - Second-floor condominium offers two bedrooms, two full baths, and private rooftop space.
Where is this residential income property located?
The property is located at 2000 KIMBALL STREET Unit B3 Philadelphia, PA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath condominium in a four‑story elevator building; Constructed in 2013 with open kitchen, quartz countertops, and wood flooring; Primary suite includes walk‑in closet, ensuite bath, and jacuzzi tub
More about this property
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