Residential Income Property with
For Sale
$409,000
2200 ARCH STREET Unit 913, Philadelphia, PA 19103
Loft-style condominium with abundant natural light, architectural character, and on-site building amenities.
Property Size986 SF
Days on Market141
Property Features for 2200 ARCH STREET Unit 913
General Information
Standard status
Active
Size
986 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,383
Amenities
24-hour security
fitness center
The Arch Street Gourmet store
washer/dryer
storage space
Building Details
Building Size
986 SF
Year Built
1900
Listing Agency:
Compass Pennsylvania, LLC
(215) 880-2129
Listed By:
Juliet C. Welker · License #AB068993
(215) 880-2129
Source:
Patmckennarealtors
Added: Mar 17
Changed: Aug 4
Last Checked: Aug 4 at 3:11AM
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 Compass Pennsylvania, LLC
Investment Insights
Based on property information with market context.
This one-bedroom, one-and-a-half-bath condominium occupies a loft-style layout in The Larkin Building, a historically registered property built in 1900. The residence includes dramatically sized windows, western, river, and sunset views, an open kitchen with stainless steel appliances and black granite countertops, exposed brick, high ceilings, polished marble flooring, and an oversized shower. Additional features include a powder room, in-unit washer and dryer, substantial storage, garage parking, and fresh paint throughout.
Building amenities include 24-hour security, a fitness center, and The Arch Street Gourmet store. The property is located at 2200 Arch Street in Philadelphia, with 30th Street Station, the Schuylkill River Trail, Trader Joe’s, Whole Foods, and Rittenhouse Square described as nearby.
Building amenities include 24-hour security, a fitness center, and The Arch Street Gourmet store. The property is located at 2200 Arch Street in Philadelphia, with 30th Street Station, the Schuylkill River Trail, Trader Joe’s, Whole Foods, and Rittenhouse Square described as nearby.
Key Highlights
- One‑bedroom, 1.5‑bath loft condominium
- Garage parking included
- Historically registered The Larkin Building, built in 1900
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 | $29.9k | $30.36 |
| − Vacancy | −$1.7k | −$1.76 |
| EGI | $28.2k | $28.60 |
| − OpEx | −$12.7k | −$12.87 |
| NOI | $15.5k | $15.73 |
986 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$221.6K
$193.9K – $258.5K
NOI $15,509 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$240.4K
$210.3K – $280.4K
NOI $16,826 @ 7.0% cap · market cap 4.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
15,644
Businesses Nearby
Explore this area
Business Placement
Demographics for 19103, PA
28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Philadelphia, PA
Properties on Market for Residential income properties in Philadelphia
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Loft-style condominium with abundant natural light, architectural character, and on-site building amenities.
Where is this residential income property located?
The property is located at 2200 ARCH STREET Unit 913 Philadelphia, PA.
What is the asking price?
The asking price for this property is $409,000.
What are key features of this property?
This property features: One‑bedroom, 1.5‑bath loft condominium; Garage parking included; Historically registered The Larkin Building, built in 1900
