One-Bedroom Residential Income
For Sale
$359,999
820 S 4TH STREET Unit B, Philadelphia, PA 19147
Historic condo residence with a private entry, flexible living space, and a highly finished primary suite.
Property Size950 SF
Days on Market38
Property Features for 820 S 4TH STREET Unit B
General Information
Standard status
Active
Size
950 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,818
Amenities
shared garden courtyard
wood-burning fireplace
hardwood floors
built-in office nook
skylights
radiant heated floors
walk-in rain shower
soaking tub
on-demand water heater
bike rack
soft-close cabinetry
under-cabinet lighting
Building Details
Building Size
950 SF
Year Built
1900
Listing Agency:
Elfant Wissahickon-Rittenhouse Square
(215) 668-4989
Listed By:
Katherine Vail · License #RS278677
(215) 668-4989
Source:
Patmckennarealtors
Added: Jun 29
Changed: Aug 4
Last Checked: Aug 5 at 4:57AM
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 Elfant Wissahickon-Rittenhouse Square
Investment Insights
Based on property information with market context.
This one-bedroom, one-and-a-half-bath condominium occupies part of a four-building community and combines historic character with carefully considered interior improvements. Entry begins through a shared garden courtyard and continues to a private door, dedicated foyer storage, and a bike rack. The main level includes a kitchen with soft-close cabinetry, under-cabinet lighting, and appliances, along with a hardwood living room anchored by a wood-burning fireplace. A dining area, built-in office nook, and guest half bath add practical flexibility.
Upstairs, the 15-by-17 primary bedroom features vaulted ceilings, two skylights with mechanical shades, and built-in closets. The full bath includes radiant-heated floors, a walk-in rain shower, a soaking tub with a dedicated hot water heater, and an on-demand water heater serving the home. Built in 1900, the property is located at 820 S 4th Street in Philadelphia’s Queen Village, near Weccacoe Park, Headhouse Square, restaurants, coffee shops, and neighborhood retail.
Upstairs, the 15-by-17 primary bedroom features vaulted ceilings, two skylights with mechanical shades, and built-in closets. The full bath includes radiant-heated floors, a walk-in rain shower, a soaking tub with a dedicated hot water heater, and an on-demand water heater serving the home. Built in 1900, the property is located at 820 S 4th Street in Philadelphia’s Queen Village, near Weccacoe Park, Headhouse Square, restaurants, coffee shops, and neighborhood retail.
Key Highlights
- One‑bedroom, one‑and‑a‑half‑bath condominium in a four‑building community
- 15‑by‑17 primary bedroom with vaulted ceilings and two skylights
- Full bath with radiant‑heated floors, rain shower, and soaking tub
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 | $28.8k | $30.36 |
| − Vacancy | −$1.7k | −$1.76 |
| EGI | $27.2k | $28.60 |
| − OpEx | −$12.2k | −$12.87 |
| NOI | $14.9k | $15.73 |
950 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$213.5K
$186.8K – $249.1K
NOI $14,943 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$231.6K
$202.7K – $270.2K
NOI $16,212 @ 7.0% cap · market cap 4.50%
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
5,467
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 - Historic condo residence with a private entry, flexible living space, and a highly finished primary suite.
Where is this residential income property located?
The property is located at 820 S 4TH STREET Unit B Philadelphia, PA.
What is the asking price?
The asking price for this property is $359,999.
What are key features of this property?
This property features: One‑bedroom, one‑and‑a‑half‑bath condominium in a four‑building community; 15‑by‑17 primary bedroom with vaulted ceilings and two skylights; Full bath with radiant‑heated floors, rain shower, and soaking tub
