Residential Income Property with Roof
New
For Sale
$265,000
415 S 19TH STREET Unit 2F, Philadelphia, PA 19146
The second-floor unit has a separate bedroom, hardwood flooring, stainless steel appliances, and an in-unit washer and dryer.
Property Size533 SF
Days on Market3
Property Features for 415 S 19TH STREET Unit 2F
General Information
Standard status
Active
Size
533 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
South Philadelphia
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,456
Amenities
in-unit washer/dryer
roof deck
basement storage
bike storage
secure lobby
Building Details
Building Size
533 SF
Year Built
1900
Listing Agency:
Elfant Wissahickon-Rittenhouse Square
Listed By:
Karrie Gavin · License #RS317681
(215) 260-1376
Source:
Patmckennarealtors
Added: Nov 3
Changed: Nov 5
Last Checked: Nov 5 at 2:38AM
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 Elfant Wissahickon-Rittenhouse Square
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Investment Insights
Based on property information with market context.
This second-floor residence in a four-story building is configured with one bedroom and one bathroom, plus a separate living and dining area. Interior features include hardwood floors, stainless steel appliances, and an in-unit washer and dryer. The property dates to 1900.
Residents have access to a shared rooftop deck, individual basement storage, a separate bicycle storage area, and a secure lobby. The building is in Philadelphia’s Rittenhouse Square area, near shops, restaurants, public transportation, and the square.
Residents have access to a shared rooftop deck, individual basement storage, a separate bicycle storage area, and a secure lobby. The building is in Philadelphia’s Rittenhouse Square area, near shops, restaurants, public transportation, and the square.
Key Highlights
- One‑bedroom, one‑bathroom residence on the second floor
- Hardwood flooring in the living and dining area
- Stainless steel appliances and in‑unit washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,384
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$167,680
$167.7K
Cap Rate 7%
$119,771
$119.8K
Cap Rate 9%
$93,156
$93.2K
Market Conditions
NOI Build-Up for 533 SF
Gross rent
$16.2K $30.36/SF
− Vacancy
−$939 −$1.76/SF
EGI
$15.2K $28.60/SF
− OpEx
−$6.9K −$12.87/SF
NOI
$8.4K $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%
$167,680
Cap Rate 7%
$119,771
Cap Rate 9%
$93,156
Alternative Uses
Best Use
Apartment 5plus
$119.8K
$104.8K – $139.7K
NOI $8,384 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$129.9K
$113.7K – $151.6K
NOI $9,096 @ 7.0% cap · market cap 3.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
17,215
Businesses Nearby
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Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The second-floor unit has a separate bedroom, hardwood flooring, stainless steel appliances, and an in-unit washer and dryer.
Where is this residential income property located?
The property is located at 415 S 19TH STREET Unit 2F Philadelphia, PA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: One‑bedroom, one‑bathroom residence on the second floor; Hardwood flooring in the living and dining area; Stainless steel appliances and in‑unit washer and dryer
