High-Rise Condominium with
For Sale
$295,000
604 S WASHINGTON SQUARE Unit 2311, Philadelphia, PA 19106
A one-bedroom residence in Hopkinson House includes building services, a seasonal rooftop pool, and a balcony.
Property Size778 SF
Price / SF$379.18
Days on Market170
Property Features for 604 S WASHINGTON SQUARE Unit 2311
General Information
Standard status
Active
Size
778 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Center City
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,241
Amenities
24-hour doorman
front desk security
valet parking
community room
library
rooftop pool
common laundry area
high-speed internet
cable TV
Building Details
Building Size
778 SF
Year Built
1973
Listing Agency:
BHHS Fox & Roach-Media
Listed By:
Caitlin Manzo · License #RS333614
(610) 389-0781
Source:
Desantis-realestate
Added: May 15
Changed: Oct 27
Last Checked: Oct 27 at 4:22AM
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 BHHS Fox & Roach-Media
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.
Located on the 23rd floor of Hopkinson House, this 778-square-foot condominium has one bedroom, one bathroom, hardwood floors, and a balcony. Large windows offer views of the Philadelphia skyline, while the bedroom opens to the outdoor space. The bathroom includes a tub and shower, tile flooring, and a vanity with a solid-surface top.
The building is across from Washington Square Park and provides a 24-hour doorman and front desk security, secured valet parking, a community room with a library, and a seasonal rooftop pool. The condo fee covers utilities, high-speed internet, and cable TV with HBO. Common laundry facilities are on the lower level. Cats are permitted, and public transportation is accessible nearby.
The building is across from Washington Square Park and provides a 24-hour doorman and front desk security, secured valet parking, a community room with a library, and a seasonal rooftop pool. The condo fee covers utilities, high-speed internet, and cable TV with HBO. Common laundry facilities are on the lower level. Cats are permitted, and public transportation is accessible nearby.
Key Highlights
- 778‑square‑foot, one‑bedroom, one‑bathroom condominium on the 23rd floor
- Balcony with city and river views
- Hopkinson House is across from Washington Square Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,238
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,760
$244.8K
Cap Rate 7%
$174,829
$174.8K
Cap Rate 9%
$135,978
$136.0K
Market Conditions
NOI Build-Up for 778 SF
Gross rent
$23.6K $30.36/SF
− Vacancy
−$1.4K −$1.76/SF
EGI
$22.3K $28.60/SF
− OpEx
−$10.0K −$12.87/SF
NOI
$12.2K $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%
$244,760
Cap Rate 7%
$174,829
Cap Rate 9%
$135,978
Alternative Uses
Best Use
Apartment 5plus
$174.8K
$153.0K – $204.0K
NOI $12,238 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$189.7K
$166.0K – $221.3K
NOI $13,276 @ 7.0% cap · market cap 4.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
16,563
Businesses Nearby
Explore this area
Business Placement
Demographics for 19106, PA
15,190
Population
9,913
Households
1.5
Avg Household Size
39
Median Age
80%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
16,878
Density / Sq Mi
$129,779
Median Household Income
$93,953
Median Earnings
$2,219
Median Rent
$528,700
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom residence in Hopkinson House includes building services, a seasonal rooftop pool, and a balcony.
Where is this residential income property located?
The property is located at 604 S WASHINGTON SQUARE Unit 2311 Philadelphia, PA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 778‑square‑foot, one‑bedroom, one‑bathroom condominium on the 23rd floor; Balcony with city and river views; Hopkinson House is across from Washington Square Park
