Updated Residential Income
For Sale
$220,900
Pending
307 SHAWMONT AVENUE Unit D, Philadelphia, PA 19128
Two-bedroom condominium with refreshed interiors, private outdoor space, and access to extensive community amenities.
Property Size1,083 SF
Days on Market99
Property Features for 307 SHAWMONT AVENUE Unit D
General Information
Standard status
Pending
Size
1,083 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Shawmont
Taxes and HOA fees
Annual Taxes
$2,652
Building Details
Building Size
1,083 SF
Year Built
1980
Listing Agency:
Keller Williams Real Estate-Blue Bell
Listed By:
Zsuzsanna "ZJ" Jasdi · License #RS207554L
(215) 704-5600
Source:
Lizclarkrealestate
Added: Jul 26
Changed: Oct 31
Last Checked: Nov 1 at 2:16PM
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 Keller Williams Real Estate-Blue Bell
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property is a two-bedroom condominium in Green Tree Run, built in 1980. The interior includes an open living and dining area, an updated kitchen with gas cooking and a dishwasher, and a refreshed bathroom with an in-unit stacked washer and dryer. The primary bedroom has generous closet space and connects directly to an enclosed porch, while the second bedroom can serve as guest space, an office, hobby room, or additional bedroom. Newer windows and sliding glass doors complement updated HVAC and electrical systems.
Outdoor living includes a private patio bordered by mature trees and landscaped grounds. Community amenities include indoor and outdoor swimming pools, a fitness center, sauna, whirlpool, clubhouse, banquet room, and game room. The condominium fee covers heat, water, sewer, trash, snow removal, lawn care, and exterior maintenance, with electricity excluded. The property is in Philadelphia near the Schuylkill Valley Nature Center, Wissahickon trails, Main Street Manayunk, public transportation, Center City, and King of Prussia.
Outdoor living includes a private patio bordered by mature trees and landscaped grounds. Community amenities include indoor and outdoor swimming pools, a fitness center, sauna, whirlpool, clubhouse, banquet room, and game room. The condominium fee covers heat, water, sewer, trash, snow removal, lawn care, and exterior maintenance, with electricity excluded. The property is in Philadelphia near the Schuylkill Valley Nature Center, Wissahickon trails, Main Street Manayunk, public transportation, Center City, and King of Prussia.
Key Highlights
- Two‑bedroom condominium at 307 SHAWMONT AVENUE Unit: D, PHILADELPHIA, PA 19128
- Built in 1980 with updated HVAC and electrical systems
- Updated kitchen with gas cooking, dishwasher, and casual dining space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,035
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,700
$340.7K
Cap Rate 7%
$243,357
$243.4K
Cap Rate 9%
$189,278
$189.3K
Market Conditions
NOI Build-Up for 1,083 SF
Gross rent
$32.9K $30.36/SF
− Vacancy
−$1.9K −$1.76/SF
EGI
$31.0K $28.60/SF
− OpEx
−$13.9K −$12.87/SF
NOI
$17.0K $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%
$340,700
Cap Rate 7%
$243,357
Cap Rate 9%
$189,278
Alternative Uses
Best Use
Apartment 5plus
$243.4K
$212.9K – $283.9K
NOI $17,035 @ 7.0% cap · market cap 7.71%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$264.0K
$231.0K – $308.0K
NOI $18,481 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
Explore this area
Business Placement
Demographics for 19128, PA
36,808
Population
19,006
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
5,258
Density / Sq Mi
$89,639
Median Household Income
$64,861
Median Earnings
$1,563
Median Rent
$330,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom condominium with refreshed interiors, private outdoor space, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 307 SHAWMONT AVENUE Unit D Philadelphia, PA.
What is the asking price?
The asking price for this property is $220,900.
What are key features of this property?
This property features: Two‑bedroom condominium at 307 SHAWMONT AVENUE Unit: D, PHILADELPHIA, PA 19128; Built in 1980 with updated HVAC and electrical systems; Updated kitchen with gas cooking, dishwasher, and casual dining space
