Residential Income Property with Rooftop
For Sale
$275,000
4217 CHESTNUT STREET Unit 206, Philadelphia, PA 19104
One-bedroom condominium with updated finishes, in-unit laundry, central HVAC, and access to a shared rooftop sky deck.
Property Size674 SF
Days on Market87
Property Features for 4217 CHESTNUT STREET Unit 206
General Information
Standard status
Active
Size
674 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
West Philadelphia
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$846
Amenities
granite countertops
stainless steel appliances
central air and heat
in-unit washer and dryer
rooftop sky deck
Building Details
Building Size
674 SF
Year Built
2017
Listing Agency:
LPT Realty, LLC
Listed By:
Maria Maria Quattrone Quattrone · License #RS281573
(215) 607-3535
Source:
Patmckennarealtors
Added: Aug 7
Changed: Oct 31
Last Checked: Oct 30 at 8:35PM
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 LPT Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2017-built condominium offers a one-bedroom, one-bath layout with an open living area and low-maintenance interior. The residence includes granite countertops, stainless steel appliances, central air and heat, and a washer and dryer within the unit. A rooftop sky deck provides shared outdoor space for residents.
The property is located in Philadelphia’s University City area near the University of Pennsylvania, Drexel University, CHOP, neighborhood restaurants, shopping, public transportation, and Center City. The condominium association fee covers building maintenance, water, sewer, trash removal, and snow removal.
The property is located in Philadelphia’s University City area near the University of Pennsylvania, Drexel University, CHOP, neighborhood restaurants, shopping, public transportation, and Center City. The condominium association fee covers building maintenance, water, sewer, trash removal, and snow removal.
Key Highlights
- One‑bedroom, one‑bath condominium with an open‑concept layout
- Built in 2017
- Granite countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,602
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,040
$212.0K
Cap Rate 7%
$151,457
$151.5K
Cap Rate 9%
$117,800
$117.8K
Market Conditions
NOI Build-Up for 674 SF
Gross rent
$20.5K $30.36/SF
− Vacancy
−$1.2K −$1.76/SF
EGI
$19.3K $28.60/SF
− OpEx
−$8.7K −$12.87/SF
NOI
$10.6K $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%
$212,040
Cap Rate 7%
$151,457
Cap Rate 9%
$117,800
Alternative Uses
Best Use
Apartment 5plus
$151.5K
$132.5K – $176.7K
NOI $10,602 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$164.3K
$143.8K – $191.7K
NOI $11,502 @ 7.0% cap · market cap 4.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,404
Businesses Nearby
Explore this area
Business Placement
Demographics for 19104, PA
56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom condominium with updated finishes, in-unit laundry, central HVAC, and access to a shared rooftop sky deck.
Where is this residential income property located?
The property is located at 4217 CHESTNUT STREET Unit 206 Philadelphia, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: One‑bedroom, one‑bath condominium with an open‑concept layout; Built in 2017; Granite countertops and stainless steel appliances
