Renovated Residential Income
New
For Sale
$285,000
303 S 11TH STREET Unit 15, Philadelphia, PA 19107
Top-floor condo offers two bedrooms, in-unit laundry, central A/C, and an updated kitchen with quartz counters.
Property Size653 SF
Days on Market7
Property Features for 303 S 11TH STREET Unit 15
General Information
Standard status
Active
Size
653 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,199
Amenities
in-unit laundry
central A/C
hardwood floors
quartz counters
stainless steel appliances
dishwasher
tile backsplash
breakfast bar
Building Details
Building Size
653 SF
Year Built
1900
Listing Agency:
KW Empower
(267) 210-0489
Listed By:
Bibe J Chin · License #RS306678
(267) 210-0489
Source:
Patmckennarealtors
Added: Jul 30
Changed: Aug 4
Last Checked: Aug 5 at 4:20AM
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.
This top-floor condominium in Philadelphia has been renovated with a practical two-bedroom, one-bathroom layout. The main living area features hardwood flooring, tall ceilings, and abundant natural light. Its kitchen includes gray shaker cabinets, quartz countertops, stainless steel appliances, a dishwasher, tile backsplash, and a breakfast bar. A separate open area adds flexibility for storage or a small table, while both bedrooms provide closet space. Stacked laundry is located within the unit, along with central A/C.
The property is in Washington Square West, with a Walk Score of 95 and proximity to Louis I. Kahn Park. Center City, restaurants, shops, markets, parks, Jefferson University, Pennsylvania Hospital, and public transit are all identified as nearby. The building dates to 1900, while the unit has updated interior finishes.
The property is in Washington Square West, with a Walk Score of 95 and proximity to Louis I. Kahn Park. Center City, restaurants, shops, markets, parks, Jefferson University, Pennsylvania Hospital, and public transit are all identified as nearby. The building dates to 1900, while the unit has updated interior finishes.
Key Highlights
- Renovated top‑floor condominium in Philadelphia
- Two bedrooms and 1 full bathroom
- Kitchen with quartz counters, stainless steel appliances, dishwasher, and breakfast bar
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 | $19.8k | $30.36 |
| − Vacancy | −$1.1k | −$1.76 |
| EGI | $18.7k | $28.60 |
| − OpEx | −$8.4k | −$12.87 |
| NOI | $10.3k | $15.73 |
653 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$146.7K
$128.4K – $171.2K
NOI $10,271 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$159.2K
$139.3K – $185.7K
NOI $11,143 @ 7.0% cap · market cap 3.91%
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
23,668
Businesses Nearby
Explore this area
Business Placement
Demographics for 19107, PA
17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Top-floor condo offers two bedrooms, in-unit laundry, central A/C, and an updated kitchen with quartz counters.
Where is this residential income property located?
The property is located at 303 S 11TH STREET Unit 15 Philadelphia, PA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Renovated top‑floor condominium in Philadelphia; Two bedrooms and 1 full bathroom; Kitchen with quartz counters, stainless steel appliances, dishwasher, and breakfast bar
