Updated Residential Income
For Sale
$180,000
6901 VALLEY AVENUE Unit D3, Philadelphia, PA 19128
One-level condominium features central air, renovated finishes, basement storage, shared laundry, and access to designated parking.
Property Size780 SF
Days on Market83
Property Features for 6901 VALLEY AVENUE Unit D3
General Information
Standard status
Active
Size
780 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Upper Roxborough
Taxes and HOA fees
Annual Taxes
$2,231
Building Details
Building Size
780 SF
Year Built
1960
Listing Agency:
Keller Williams Real Estate-Blue Bell
Listed By:
Albert F LaBrusciano · License #RS149026A
(215) 817-0320
Source:
Lizclarkrealestate
Added: Aug 11
Changed: Oct 31
Last Checked: Oct 30 at 9:06PM
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
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Investment Insights
Based on property information with market context.
This residential income property is a one-floor, two-bedroom condominium built in 1960. Interior improvements include hardwood flooring through much of the unit, newer windows, central air, and a renovated hall bathroom. The kitchen has been refreshed with granite countertops, stainless steel appliances, a subway tile backsplash, gas cooking, a garbage disposal, and a dishwasher. Both bedrooms include generous closet space and natural light. Additional features include a large basement storage area and shared laundry facilities.
Located at 6901 Valley Avenue, Unit D3, in Philadelphia, the property provides direct outside access toward the designated parking area. Public transportation, shopping, restaurants, Valley Green, Wissahickon trails, and surrounding natural areas are identified as nearby amenities.
Located at 6901 Valley Avenue, Unit D3, in Philadelphia, the property provides direct outside access toward the designated parking area. Public transportation, shopping, restaurants, Valley Green, Wissahickon trails, and surrounding natural areas are identified as nearby amenities.
Key Highlights
- Two‑bedroom, one‑floor condominium at 6901 Valley Avenue, Unit D3
- Updated kitchen with granite countertops, stainless steel appliances, gas cooking, dishwasher, and garbage disposal
- Central air, newer windows, and hardwood flooring through much of the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,269
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$245,380
$245.4K
Cap Rate 7%
$175,271
$175.3K
Cap Rate 9%
$136,322
$136.3K
Market Conditions
NOI Build-Up for 780 SF
Gross rent
$23.7K $30.36/SF
− Vacancy
−$1.4K −$1.76/SF
EGI
$22.3K $28.60/SF
− OpEx
−$10.0K −$12.87/SF
NOI
$12.3K $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%
$245,380
Cap Rate 7%
$175,271
Cap Rate 9%
$136,322
Alternative Uses
Best Use
Apartment 5plus
$175.3K
$153.4K – $204.5K
NOI $12,269 @ 7.0% cap · market cap 6.82%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$190.2K
$166.4K – $221.9K
NOI $13,311 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
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Business Placement
Demographics for 19128, PA
36,808
Population
19,006
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
5,258
Density / Sq Mi
$89,639
Median Household Income
$64,861
Median Earnings
$1,563
Median Rent
$330,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - One-level condominium features central air, renovated finishes, basement storage, shared laundry, and access to designated parking.
Where is this residential income property located?
The property is located at 6901 VALLEY AVENUE Unit D3 Philadelphia, PA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Two‑bedroom, one‑floor condominium at 6901 Valley Avenue, Unit D3; Updated kitchen with granite countertops, stainless steel appliances, gas cooking, dishwasher, and garbage disposal; Central air, newer windows, and hardwood flooring through much of the unit
