Three-Bedroom Three-Bath
For Sale
$400,000
2603 E HAGERT STREET Unit A, Philadelphia, PA 19125
Condominium unit with three bedrooms and three full bathrooms, open-concept living, central air, and in-unit laundry.
Property Size1,609 SF
Days on Market110
Property Features for 2603 E HAGERT STREET Unit A
General Information
Standard status
Active
Size
1,609 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Kensington
Taxes and HOA fees
Annual Taxes
$929
Amenities
central air
in-unit laundry
abundant storage
Building Details
Building Size
1,609 SF
Year Built
2017
Listing Agency:
KW Empower
Listed By:
Jayna Zoeiro
(215) 813-1322
Source:
Patmckennarealtors
Added: Jul 15
Changed: Oct 31
Last Checked: Oct 30 at 10:08PM
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
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Investment Insights
Based on property information with market context.
Unit A at 2603 E Hagert Street is a three-bedroom, three-bath condominium with an open-concept living and dining area that flows into a designer kitchen. The kitchen features quartz countertops, custom cabinetry, stainless steel appliances, and a large center island. Interior finishes include wide-plank hardwood flooring and recessed lighting, with contemporary design elements throughout.
The unit also includes central air and in-unit laundry, along with abundant storage and ample closet space. The primary suite is positioned as a private retreat with an en-suite bathroom.
Located in Philadelphia’s Fishtown neighborhood, the home offers convenient access to Center City and I-95, with nearby public transportation and a range of neighborhood amenities including restaurants, cafes, breweries, boutique shopping, and parks.
The unit also includes central air and in-unit laundry, along with abundant storage and ample closet space. The primary suite is positioned as a private retreat with an en-suite bathroom.
Located in Philadelphia’s Fishtown neighborhood, the home offers convenient access to Center City and I-95, with nearby public transportation and a range of neighborhood amenities including restaurants, cafes, breweries, boutique shopping, and parks.
Key Highlights
- 3‑bedroom, 3‑bath condominium unit in Fishtown (Year built: 2017)
- Open‑concept living and dining area with recessed lighting
- Designer kitchen with quartz countertops, custom cabinetry, stainless steel appliances, and a large center island
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,309
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,180
$506.2K
Cap Rate 7%
$361,557
$361.6K
Cap Rate 9%
$281,211
$281.2K
Market Conditions
NOI Build-Up for 1,609 SF
Gross rent
$48.8K $30.36/SF
− Vacancy
−$2.8K −$1.76/SF
EGI
$46.0K $28.60/SF
− OpEx
−$20.7K −$12.87/SF
NOI
$25.3K $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%
$506,180
Cap Rate 7%
$361,557
Cap Rate 9%
$281,211
Alternative Uses
Best Use
Apartment 5plus
$361.6K
$316.4K – $421.8K
NOI $25,309 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$392.2K
$343.2K – $457.6K
NOI $27,457 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,837
Businesses Nearby
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Business Placement
Demographics for 19125, PA
25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Condominium unit with three bedrooms and three full bathrooms, open-concept living, central air, and in-unit laundry.
Where is this residential income property located?
The property is located at 2603 E HAGERT STREET Unit A Philadelphia, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 3‑bedroom, 3‑bath condominium unit in Fishtown (Year built: 2017); Open‑concept living and dining area with recessed lighting; Designer kitchen with quartz countertops, custom cabinetry, stainless steel appliances, and a large center island
