Top-Floor Income Property with Private
For Sale
$199,000
2020 CHRISTIAN STREET Unit E, Philadelphia, PA 19146
Tenant occupied through May 31, 2027, with a one-bedroom, one-bath layout and hardwood floors.
Property Size410 SF
Days on Market142
Property Features for 2020 CHRISTIAN STREET Unit E
General Information
Standard status
Active
Size
410 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
South Philadelphia
Taxes and HOA fees
Annual Taxes
$1,706
Building Details
Building Size
410 SF
Year Built
1900
Listing Agency:
BHHS Fox & Roach The Harper at Rittenhouse Square
Listed By:
Marc A. Hammarberg · License #AB067991
(215) 790-5501
Source:
Patmckennarealtors
Added: Jun 13
Changed: Oct 31
Last Checked: Oct 30 at 9:22PM
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 BHHS Fox & Roach The Harper at Rittenhouse Square
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Investment Insights
Based on property information with market context.
This top-floor residential income property at 2020 Christian Street, Unit E, offers a one-bedroom, one-bath configuration within 410 square feet. The interior includes hardwood flooring, a living area adaptable to dining or work-from-home use, and a kitchen outfitted with granite countertops, maple cabinetry, stainless-steel appliances, a glass tile backsplash, and gas cooking. The bedroom has northern exposure and Center City views, while the adjacent bath includes a vessel sink and tub-shower combination. Laundry is located in the basement.
A large private deck extends the usable space outdoors. The property is in Philadelphia’s Graduate Hospital neighborhood, near dining, fitness, parks, shopping, and everyday services, with access to Rittenhouse Square, Schuylkill River Park, South Street, Washington Avenue, CHOP, and Penn Medicine. The unit is tenant occupied through May 31, 2027, and the building dates to 1900.
A large private deck extends the usable space outdoors. The property is in Philadelphia’s Graduate Hospital neighborhood, near dining, fitness, parks, shopping, and everyday services, with access to Rittenhouse Square, Schuylkill River Park, South Street, Washington Avenue, CHOP, and Penn Medicine. The unit is tenant occupied through May 31, 2027, and the building dates to 1900.
Key Highlights
- Large private deck at a top‑floor unit
- 410 SF one‑bedroom, one‑bath condominium layout
- Tenant occupied through May 31, 2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,449
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$128,980
$129.0K
Cap Rate 7%
$92,129
$92.1K
Cap Rate 9%
$71,656
$71.7K
Market Conditions
NOI Build-Up for 410 SF
Gross rent
$12.4K $30.36/SF
− Vacancy
−$722 −$1.76/SF
EGI
$11.7K $28.60/SF
− OpEx
−$5.3K −$12.87/SF
NOI
$6.4K $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%
$128,980
Cap Rate 7%
$92,129
Cap Rate 9%
$71,656
Alternative Uses
Best Use
Apartment 5plus
$92.1K
$80.6K – $107.5K
NOI $6,449 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$100.0K
$87.5K – $116.6K
NOI $6,997 @ 7.0% cap · market cap 3.52%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
5,711
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Tenant occupied through May 31, 2027, with a one-bedroom, one-bath layout and hardwood floors.
Where is this residential income property located?
The property is located at 2020 CHRISTIAN STREET Unit E Philadelphia, PA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Large private deck at a top‑floor unit; 410 SF one‑bedroom, one‑bath condominium layout; Tenant occupied through May 31, 2027
