Penthouse Residential Income
New
For Sale
$290,000
415 S 19TH STREET Unit PHF, Philadelphia, PA 19146
One-bedroom residence with updated kitchen features, assigned storage, rooftop access, and proximity to Rittenhouse Square Park.
Property Size594 SF
Days on Market6
Property Features for 415 S 19TH STREET Unit PHF
General Information
Standard status
Active
Size
594 SF
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,660
Amenities
dishwasher
built-in microwave
electric range
refrigerator
in-unit washer/dryer
lobby sitting area
rooftop deck
secure basement storage
bike storage room
Building Details
Building Size
594 SF
Year Built
1900
Listing Agency:
Keller Williams Main Line
(215) 219-5325
Listed By:
Ronna Abdo · License #RS347518
(215) 219-5325
Source:
Patmckennarealtors
Added: Jul 30
Changed: Aug 4
Last Checked: Aug 4 at 6:36AM
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 Main Line
Investment Insights
Based on property information with market context.
Unit PHF at The Addison is a one-bedroom, one-bathroom penthouse residence with an open living and dining area, ample bedroom closet space, a pantry, multiple additional closets, and a large basement storage room. The kitchen includes a dishwasher, built-in microwave, electric range, refrigerator, and in-unit washer and dryer. The building dates to 1900 and offers a maintained lobby sitting area, rooftop deck with city views, assigned basement storage, and dedicated resident bike storage.
Located at 415 S 19TH STREET in Philadelphia, the property is near Rittenhouse Square Park, restaurants, cafes, shopping, grocery stores, fitness centers, and entertainment. Penn Medicine, CHOP, Jefferson Health, Pennsylvania Hospital, the University of Pennsylvania, Drexel University, Center City, SEPTA, Suburban Station, and 30th Street Station are also nearby. Access to I 76 and I 95 is available, with on-street parking and eligibility to apply for a Philadelphia Residential Parking Permit.
Located at 415 S 19TH STREET in Philadelphia, the property is near Rittenhouse Square Park, restaurants, cafes, shopping, grocery stores, fitness centers, and entertainment. Penn Medicine, CHOP, Jefferson Health, Pennsylvania Hospital, the University of Pennsylvania, Drexel University, Center City, SEPTA, Suburban Station, and 30th Street Station are also nearby. Access to I 76 and I 95 is available, with on-street parking and eligibility to apply for a Philadelphia Residential Parking Permit.
Key Highlights
- One‑bedroom, one‑bathroom penthouse residence at The Addison
- Kitchen includes dishwasher, built‑in microwave, electric range, and refrigerator
- In‑unit washer and dryer plus a large basement storage room
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 | $18.0k | $30.36 |
| − Vacancy | −$1.0k | −$1.76 |
| EGI | $17.0k | $28.60 |
| − OpEx | −$7.6k | −$12.87 |
| NOI | $9.3k | $15.73 |
594 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$133.5K
$116.8K – $155.7K
NOI $9,343 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$144.8K
$126.7K – $169.0K
NOI $10,137 @ 7.0% cap · market cap 3.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
17,215
Businesses Nearby
Explore this area
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
$452,200
Median Home Value
Market
Average Price Trend$/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 - One-bedroom residence with updated kitchen features, assigned storage, rooftop access, and proximity to Rittenhouse Square Park.
Where is this residential income property located?
The property is located at 415 S 19TH STREET Unit PHF Philadelphia, PA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: One‑bedroom, one‑bathroom penthouse residence at The Addison; Kitchen includes dishwasher, built‑in microwave, electric range, and refrigerator; In‑unit washer and dryer plus a large basement storage room
