Two-Bedroom Residential Income
For Sale
$385,000
717 S CHRIS COLUMBUS BOULEVARD Unit 517, Philadelphia, PA 19147
Condominium residence with hardwood floors, granite kitchen counters, stainless-steel appliances, and a private balcony overlooking the river.
Property Size1,293 SF
Days on Market264
Property Features for 717 S CHRIS COLUMBUS BOULEVARD Unit 517
General Information
Standard status
Active
Size
1,293 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Parking per Unit
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,719
Amenities
private balcony
24/7 concierge
secured parking
clubroom with terrace
fitness center
indoor swimming pool
hot tub
private minibus
Building Details
Building Size
1,293 SF
Year Built
1995
Listing Agency:
BHHS Fox & Roach-Center City Walnut
(215) 266-1537
Listed By:
Patrick M Conway · License #RS217990L
(215) 266-1537
Source:
Patmckennarealtors
Added: Nov 14, 2025
Changed: Aug 4
Last Checked: Aug 5 at 4:14AM
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-Center City Walnut
Investment Insights
Based on property information with market context.
Unit 517 is a two-bedroom, two-bathroom condominium residence with a practical layout and extensive window exposure. The living and dining areas feature hardwood flooring and sliding-door access to a private balcony. The kitchen includes 42-inch cabinets, granite countertops, and stainless-steel appliances. The primary suite offers a walk-in closet and bathroom with a double vanity, tiled surround, and glass shower; the second bedroom includes a floor-to-ceiling window and can function as an office. A large foyer and deep coat closet add storage at the entry.
Residence amenities include a 24/7 concierge, secured parking for owners and guests, a fitness center, indoor swimming pool, hot tub, and clubroom with a 4,100 square-foot terrace. A private minibus provides daily transportation to and from Center City. The property also offers access to major highways and bridges.
Residence amenities include a 24/7 concierge, secured parking for owners and guests, a fitness center, indoor swimming pool, hot tub, and clubroom with a 4,100 square-foot terrace. A private minibus provides daily transportation to and from Center City. The property also offers access to major highways and bridges.
Key Highlights
- Two‑bedroom, 2‑bathroom condominium residence
- Private parking space included
- Private balcony with unobstructed river views
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 | $39.3k | $30.36 |
| − Vacancy | −$2.3k | −$1.76 |
| EGI | $37.0k | $28.60 |
| − OpEx | −$16.6k | −$12.87 |
| NOI | $20.3k | $15.73 |
1,293 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$290.5K
$254.2K – $339.0K
NOI $20,338 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$315.2K
$275.8K – $367.8K
NOI $22,065 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,558
Businesses Nearby
Explore this area
Business Placement
Demographics for 19147, PA
41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Condominium residence with hardwood floors, granite kitchen counters, stainless-steel appliances, and a private balcony overlooking the river.
Where is this residential income property located?
The property is located at 717 S CHRIS COLUMBUS BOULEVARD Unit 517 Philadelphia, PA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two‑bedroom, 2‑bathroom condominium residence; Private parking space included; Private balcony with unobstructed river views
