Masonry Residential
For Sale
$425,000
205-11 N 4TH STREET Unit A1, Philadelphia, PA 19106
The residence includes a washer and dryer closet, two bedrooms, and a separate half bath.
Property Size1,122 SF
Days on Market41
Property Features for 205-11 N 4TH STREET Unit A1
General Information
Standard status
Active
Size
1,122 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Center City
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,552
Building Details
Building Size
1,122 SF
Year Built
1900
Construction
masonry
Listing Agency:
KW Empower
Listed By:
Christiana Barile · License #RS335507
(914) 497-1958
Source:
Patmckennarealtors
Added: Sep 22
Changed: Oct 31
Last Checked: Oct 30 at 11:41PM
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 KW Empower
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential condominium in a masonry building constructed in 1900 has two bedrooms and one full bathroom plus a half bath. Its layout includes an open living area, high ceilings, large windows, and a kitchen with storage. A washer and dryer closet is also included.
The property is on N 4th Street in Philadelphia’s Old City. Nearby features named in the property information include parks, cafés, cultural attractions, public transportation, major highways, the Ben Franklin Bridge, and the Delaware River Trail.
The property is on N 4th Street in Philadelphia’s Old City. Nearby features named in the property information include parks, cafés, cultural attractions, public transportation, major highways, the Ben Franklin Bridge, and the Delaware River Trail.
Key Highlights
- Two bedrooms and 1.5 bathrooms
- Masonry construction; building dates to 1900
- Open living area with high ceilings and large windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,649
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,980
$353.0K
Cap Rate 7%
$252,129
$252.1K
Cap Rate 9%
$196,100
$196.1K
Market Conditions
NOI Build-Up for 1,122 SF
Gross rent
$34.1K $30.36/SF
− Vacancy
−$2.0K −$1.76/SF
EGI
$32.1K $28.60/SF
− OpEx
−$14.4K −$12.87/SF
NOI
$17.6K $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%
$352,980
Cap Rate 7%
$252,129
Cap Rate 9%
$196,100
Alternative Uses
Best Use
Apartment 5plus
$252.1K
$220.6K – $294.2K
NOI $17,649 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$273.5K
$239.3K – $319.1K
NOI $19,147 @ 7.0% cap · market cap 4.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
10,341
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 - The residence includes a washer and dryer closet, two bedrooms, and a separate half bath.
Where is this residential income property located?
The property is located at 205-11 N 4TH STREET Unit A1 Philadelphia, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two bedrooms and 1.5 bathrooms; Masonry construction; building dates to 1900; Open living area with high ceilings and large windows
