Residential Income Property with
For Sale
$409,500
717 S CHRIS COLUMBUS BOULEVARD Unit 804, Philadelphia, PA 19147
The eighth-floor residence has two bedrooms, two baths, and a private outdoor space with water and city views.
Property Size1,311 SF
Price / SF$312.36
Days on Market131
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
Site & Location
Neighborhood
Bella Vista
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$6,803
Amenities
indoor parking
concierge
shuttle bus
health and fitness facility
heated indoor salt water swimming pool
hot tub
community/entertainment room
party kitchen
big screen TV
surround sound system
expansive terrace
in-unit washer/dryer
private water view terrace
Building Details
Building Size
1,311 SF
Year Built
1995
Listing Agency:
DePaul Realty
Listed By:
Michael Tyrrell · License #RM421699
(267) 464-0040
Source:
Wagnerrealestate
Added: Jun 27
Changed: Nov 2
Last Checked: Nov 4 at 9:08AM
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
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Investment Insights
Based on property information with market context.
This 1,311-square-foot residence at The Residences at Dockside has a two-bedroom, two-bath layout on the eighth floor. The living area opens to a private terrace, and the kitchen includes a breakfast bar. Both bedrooms have walk-in closets; the primary suite also has an en-suite bath with dual vanities and a tile shower. An in-unit washer and dryer and dedicated foyer entry are included.
Residents have access to secured indoor parking, with one reserved space per residence, along with a 24-hour concierge and shuttle bus. Building amenities include a fitness facility, heated indoor saltwater pool, hot tub, and a community room with a party kitchen. The community room connects to a terrace with water and city views. The building was constructed in 1995.
Residents have access to secured indoor parking, with one reserved space per residence, along with a 24-hour concierge and shuttle bus. Building amenities include a fitness facility, heated indoor saltwater pool, hot tub, and a community room with a party kitchen. The community room connects to a terrace with water and city views. The building was constructed in 1995.
Key Highlights
- 1,311‑square‑foot residence with two bedrooms and two baths
- Eighth‑floor unit with a private terrace and water and city views
- Reserved indoor parking; building garage has security‑gated access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,621
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,420
$412.4K
Cap Rate 7%
$294,586
$294.6K
Cap Rate 9%
$229,122
$229.1K
Market Conditions
NOI Build-Up for 1,311 SF
Gross rent
$39.8K $30.36/SF
− Vacancy
−$2.3K −$1.76/SF
EGI
$37.5K $28.60/SF
− OpEx
−$16.9K −$12.87/SF
NOI
$20.6K $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%
$412,420
Cap Rate 7%
$294,586
Cap Rate 9%
$229,122
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.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,558
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - The eighth-floor residence has two bedrooms, two baths, and a private outdoor space with water and city views.
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: 1,311‑square‑foot residence with two bedrooms and two baths; Eighth‑floor unit with a private terrace and water and city views; Reserved indoor parking; building garage has security‑gated access
