Residential Income Property with Enclosed
For Sale
$239,000
323 SHAWMONT AVENUE Unit C, Philadelphia, PA 19128
Updated one-bedroom condo with a bonus room, enclosed patio, and assigned parking in the Green Tree Run community.
Property Size1,058 SF
Days on Market13
Property Features for 323 SHAWMONT AVENUE Unit C
General Information
Standard status
Active
Size
1,058 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
HOA Fee
$456.73
Multifamily Units
1
Amenities
indoor pool
outdoor pool
sauna
whirlpool
fitness center
clubhouse
library
guest parking
private enclosed patio
in-unit washer/dryer
Building Details
Building Size
1,058 SF
Year Built
1980
Listing Agency:
KW Empower
(215) 694-7145
Listed By:
Antoinette Atterbury · License #RS302635
(215) 694-7145
Source:
Lizclarkrealestate
Added: Jul 23
Changed: Jul 30
Last Checked: Aug 3 at 11:13AM
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.
Welcome to this updated one-bedroom condo in the Green Tree Run community in Roxborough. The interior features freshly painted walls and new flooring in the main living spaces. The kitchen is equipped with stainless steel appliances, including a newly installed refrigerator, and offers cork countertops plus ample cabinet storage. The home includes an in-unit washer and a new dryer.
The sun-filled bedroom has new carpet and a spacious walk-in closet. The updated bathroom includes a walk-in shower. A versatile bonus room adds flexibility as a home office or guest space, and the private enclosed patio features hardwood flooring and additional storage. The condo also comes with an assigned parking space.
Green Tree Run offers multiple community amenities, including indoor and outdoor pools, sauna, whirlpool, fitness center, clubhouse, library, and guest parking, with beautifully maintained grounds. The association also covers gas, water, sewer, trash, and snow removal, supporting low-maintenance living. Built in 1980, this move-in-ready home is positioned for convenient access to Main Street Manayunk, Regional Rail trains, Wissahickon Trails, and Center City Philadelphia.
The sun-filled bedroom has new carpet and a spacious walk-in closet. The updated bathroom includes a walk-in shower. A versatile bonus room adds flexibility as a home office or guest space, and the private enclosed patio features hardwood flooring and additional storage. The condo also comes with an assigned parking space.
Green Tree Run offers multiple community amenities, including indoor and outdoor pools, sauna, whirlpool, fitness center, clubhouse, library, and guest parking, with beautifully maintained grounds. The association also covers gas, water, sewer, trash, and snow removal, supporting low-maintenance living. Built in 1980, this move-in-ready home is positioned for convenient access to Main Street Manayunk, Regional Rail trains, Wissahickon Trails, and Center City Philadelphia.
Key Highlights
- One‑bedroom condo with versatile bonus room for home office or guest space
- Enclosed private patio with hardwood flooring and additional storage
- Kitchen includes stainless steel appliances and a newly installed refrigerator
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 | $32.1k | $30.36 |
| − Vacancy | −$1.9k | −$1.76 |
| EGI | $30.3k | $28.60 |
| − OpEx | −$13.6k | −$12.87 |
| NOI | $16.6k | $15.73 |
1,058 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$237.7K
$208.0K – $277.4K
NOI $16,642 @ 7.0% cap · market cap 6.96%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$257.9K
$225.7K – $300.9K
NOI $18,055 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Paved road access
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
$330,800
Median Home Value
Market
Average Price Trend$/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 - Updated one-bedroom condo with a bonus room, enclosed patio, and assigned parking in the Green Tree Run community.
Where is this residential income property located?
The property is located at 323 SHAWMONT AVENUE Unit C Philadelphia, PA.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: One‑bedroom condo with versatile bonus room for home office or guest space; Enclosed private patio with hardwood flooring and additional storage; Kitchen includes stainless steel appliances and a newly installed refrigerator
