Three-Bedroom Three-Bath
2603 E HAGERT STREET #A Philadelphia, PA 19125
For Sale
$425,000
Condominium unit with three bedrooms and three full bathrooms, open-concept living, central air, and in-unit laundry.
Property Size1,609 SF
Price / SF$264.14
Days on Market14
Property Features for 2603 E HAGERT STREET #A
General Information
- Standard status
- Active
- Size
- 1,609 SF
- Property subtype
- Apartment
Building Details
- Year Built
- 2017
Listing Agency:
KW Empower
(215) 813-1322
Listed By:
Jayna Zoeiro
(215) 813-1322
Source:
Cummingsrealtors
Added: Jul 11
Changed: Jul 22
Last Checked: Jul 23 at 5:39AM
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
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 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 | $48.8k | $30.36 |
| − Vacancy | −$2.8k | −$1.76 |
| EGI | $46.0k | $28.60 |
| − OpEx | −$20.7k | −$12.87 |
| NOI | $25.3k | $15.73 |
1,609 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$361.6K
$316.4K – $421.8K
NOI $25,309 @ 7.0% cap · market cap 5.96%
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 6.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
RANG
Clothing Supplier
FAQs
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 #A 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: 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
