South-Facing Income
For Sale
$409,500
717 S CHRIS COLUMBUS BOULEVARD Unit 804, Philadelphia, PA 19147
Two-bedroom residence with private terrace, updated appliances, and extensive building amenities.
Property Size1,311 SF
Days on Market39
Property Features for 717 S CHRIS COLUMBUS BOULEVARD Unit 804
General Information
Standard status
Active
Size
1,311 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$6,803
Amenities
elegant lobby w/ 24 concierge
shuttle bus
health and fitness facility
heated indoor salt water swimming pool
hot tub
spacious community/entertainment room
party kitchen
big screen TV
surround sound system
expansive terrace
Building Details
Building Size
1,311 SF
Year Built
1995
Listing Agency:
DePaul Realty
(267) 464-0040
Listed By:
Michael Tyrrell · License #RM421699
(267) 464-0040
Source:
Patmckennarealtors
Added: Jun 27
Changed: Aug 4
Last Checked: Aug 4 at 5:57AM
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 DePaul Realty
Investment Insights
Based on property information with market context.
Unit 804 is an eighth-floor residential income property with a south-facing orientation and water and city views. The two-bedroom, two-bath layout includes an open living area, large windows, a private terrace, dedicated foyer, and ample storage. New flooring extends through the living room, while the kitchen includes new appliances, generous counters, and a breakfast bar. Both bedrooms have walk-in closets; the primary suite adds an en-suite bath with dual vanities and a tile shower. An in-unit washer and dryer are also included.
The 1995-built Residences at Dockside provides security-gated indoor parking across three levels, with one reserved space for each resident. Building amenities include a concierge, shuttle bus, health and fitness facility, heated indoor salt water pool, hot tub, and community room with party kitchen, entertainment equipment, and an outdoor terrace. Showings are by appointment through the sales office.
The 1995-built Residences at Dockside provides security-gated indoor parking across three levels, with one reserved space for each resident. Building amenities include a concierge, shuttle bus, health and fitness facility, heated indoor salt water pool, hot tub, and community room with party kitchen, entertainment equipment, and an outdoor terrace. Showings are by appointment through the sales office.
Key Highlights
- Two‑bedroom, two‑bath residence on the 8th floor
- South‑facing unit with water and city views
- Private water‑view terrace and open living area
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 | $39.8k | $30.36 |
| − Vacancy | −$2.3k | −$1.76 |
| EGI | $37.5k | $28.60 |
| − OpEx | −$16.9k | −$12.87 |
| NOI | $20.6k | $15.73 |
1,311 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$294.6K
$257.8K – $343.7K
NOI $20,621 @ 7.0% cap · market cap 5.04%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$319.6K
$279.7K – $372.9K
NOI $22,372 @ 7.0% cap · market cap 5.46%
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
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
$524,900
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Philadelphia, PA
Properties on Market for Residential income properties in Philadelphia
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom residence with private terrace, updated appliances, and extensive building amenities.
Where is this residential income property located?
The property is located at 717 S CHRIS COLUMBUS BOULEVARD Unit 804 Philadelphia, PA.
What is the asking price?
The asking price for this property is $409,500.
What are key features of this property?
This property features: Two‑bedroom, two‑bath residence on the 8th floor; South‑facing unit with water and city views; Private water‑view terrace and open living area
