One-Bedroom Residential Income
For Sale
$260,000
627-37 N 18TH STREET Unit 208, Philadelphia, PA 19130
Condominium residence with assigned parking, in-unit laundry, central air, and a skylit interior atrium.
Property Size785 SF
Days on Market122
Property Features for 627-37 N 18TH STREET Unit 208
General Information
Standard status
Active
Size
785 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,704
Amenities
hardwood floors
granite countertops
stainless steel appliances
breakfast bar
in-unit washer and dryer
central air
interior courtyard
central atrium with skylights and fountain
Building Details
Building Size
785 SF
Year Built
1900
Listing Agency:
Keller Williams Real Estate-Blue Bell
(267) 627-6257
Listed By:
Patricia L Franklin · License #RS298226
(267) 627-6257
Source:
Patmckennarealtors
Added: Apr 5
Changed: Aug 4
Last Checked: Aug 4 at 2:22AM
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 Keller Williams Real Estate-Blue Bell
Investment Insights
Based on property information with market context.
This one-bedroom, one-bath condominium residence features hardwood flooring, an open living and dining arrangement, and large windows facing the interior courtyard. The kitchen includes granite countertops, stainless steel appliances, ample cabinetry, and a breakfast bar. Additional features include generous bedroom storage, an in-unit washer and dryer, central air, and a separately assigned parking space. Built in 1900, the property is part of the Carriage House community, which includes a European-style central atrium with skylights and a fountain.
The property is located at 627-37 N 18TH STREET in Philadelphia's Fairmount area, near Fairmount Avenue, neighborhood restaurants and cafes, the Art Museum, Kelly Drive, the Schuylkill River Trail, and Center City. Major routes and public transportation are also accessible. The condo fee covers common area and exterior building maintenance, water, sewer, trash, snow removal, and professional management.
The property is located at 627-37 N 18TH STREET in Philadelphia's Fairmount area, near Fairmount Avenue, neighborhood restaurants and cafes, the Art Museum, Kelly Drive, the Schuylkill River Trail, and Center City. Major routes and public transportation are also accessible. The condo fee covers common area and exterior building maintenance, water, sewer, trash, snow removal, and professional management.
Key Highlights
- One‑bedroom, one‑bath condominium residence
- Hardwood floors and open living‑dining layout
- Kitchen with granite counters, stainless appliances, and breakfast bar
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 | $23.8k | $30.36 |
| − Vacancy | −$1.4k | −$1.76 |
| EGI | $22.5k | $28.60 |
| − OpEx | −$10.1k | −$12.87 |
| NOI | $12.3k | $15.73 |
785 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$176.4K
$154.4K – $205.8K
NOI $12,348 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$191.4K
$167.5K – $223.3K
NOI $13,396 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,093
Businesses Nearby
Explore this area
Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Philadelphia, PA
Properties on Market for Residential income properties in Philadelphia
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Frequently Asked Questions
What type of property is this?
Residential income property - Condominium residence with assigned parking, in-unit laundry, central air, and a skylit interior atrium.
Where is this residential income property located?
The property is located at 627-37 N 18TH STREET Unit 208 Philadelphia, PA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: One‑bedroom, one‑bath condominium residence; Hardwood floors and open living‑dining layout; Kitchen with granite counters, stainless appliances, and breakfast bar
