Updated Single-Family Home with
2103 FEDERAL STREET Philadelphia, PA 19146
For Sale
$415,000
SINGLE_FAMILY - PHILADELPHIA, PA
Property Size1,344 SF
Price / SF$308.78
Days on Market36
Property Features for 2103 FEDERAL STREET
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 2
- Standard status
- Active
- Size
- 1,344 SF
Building Details
- Year built
- 1925
Listing Agency:
BHHS Fox & Roach Center City-Society Hill
(215) 627-6005
Listed By:
Gregory J. Damis · License #RS153011A
(484) 324-8326
Added: Jun 19
Changed: Jul 23
Last Checked: Jul 24 at 3:06AM
MLS# PAPH2639106
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This updated single-family home offers an open-concept family and dining area on the main level with hardwood floors. The home includes a newly modernized kitchen and two renovated full bathrooms. A standout layout feature is the main-level bedroom suite, which includes a private, newly tiled walk-in shower and is positioned to reduce reliance on stairs.
Upstairs, there are two additional full-sized bedrooms with ample closet space and ceiling fans. The basement is described as a massive, open-span area with high ceilings, providing flexibility for storage or future finishing.
Located in the Point Breeze neighborhood, the home is described as just minutes from Center City’s shopping district, world-class universities, and the dining scene along Washington Avenue. Photos were taken three years ago prior to occupancy.
Upstairs, there are two additional full-sized bedrooms with ample closet space and ceiling fans. The basement is described as a massive, open-span area with high ceilings, providing flexibility for storage or future finishing.
Located in the Point Breeze neighborhood, the home is described as just minutes from Center City’s shopping district, world-class universities, and the dining scene along Washington Avenue. Photos were taken three years ago prior to occupancy.
Key Highlights
- Point Breeze home built in 1925 with 3 bedrooms (Bedroom 1, Bedroom 2, Bedroom 3)
- Main level open‑concept family and dining area with hardwood floors
- Newly modernized kitchen plus two renovated full bathrooms
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 | $40.8k | $30.36 |
| − Vacancy | −$2.4k | −$1.76 |
| EGI | $38.4k | $28.60 |
| − OpEx | −$17.3k | −$12.87 |
| NOI | $21.1k | $15.73 |
1,344 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$302.0K
$264.3K – $352.3K
NOI $21,140 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$327.6K
$286.7K – $382.3K
NOI $22,935 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Single-family home featuring an open main level, renovated full baths, a main-level bedroom suite, and a large yard.
Where is this single family property located?
The property is located at 2103 FEDERAL STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Point Breeze home built in 1925 with 3 bedrooms (Bedroom 1, Bedroom 2, Bedroom 3); Main level open‑concept family and dining area with hardwood floors; Newly modernized kitchen plus two renovated full bathrooms
