Condominium Unit with
For Sale
$214,900
8910 KREWSTOWN ROAD Unit 113, Philadelphia, PA 19115
The eat-in kitchen was remodeled in 2023, and the unit includes in-unit laundry and assigned parking.
Property Size1,070 SF
Days on Market17
Property Features for 8910 KREWSTOWN ROAD Unit 113
General Information
Standard status
Active
Size
1,070 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northeast Philadelphia
Public Transit
Yes
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,691
Amenities
outdoor pool
lobby
common grounds
party room
assigned parking
security features
in-unit laundry
private balcony
Building Details
Building Size
1,070 SF
Year Built
1973
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Inna Snyder · License #RS287301
(267) 307-2370
Source:
Lizclarkrealestate
Added: Oct 16
Changed: Oct 31
Last Checked: Oct 31 at 12:05AM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This one-bedroom condominium unit has an open floor plan, an eat-in kitchen, spacious closets, in-unit laundry and a private balcony. The kitchen was remodeled in 2023 with new cabinets, granite countertops and stainless steel appliances. The building dates to 1973.
Residents have access to an outdoor pool, lobby, common grounds and party room. Assigned parking is included. The condo fee covers utilities other than electricity, along with pool and building maintenance. Rentals are not permitted; units are owner-occupied.
Residents have access to an outdoor pool, lobby, common grounds and party room. Assigned parking is included. The condo fee covers utilities other than electricity, along with pool and building maintenance. Rentals are not permitted; units are owner-occupied.
Key Highlights
- One‑bedroom condominium unit with private balcony
- Eat‑in kitchen remodeled in 2023 with new cabinets, granite countertops and stainless steel appliances
- In‑unit laundry and spacious closets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,831
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,620
$336.6K
Cap Rate 7%
$240,443
$240.4K
Cap Rate 9%
$187,011
$187.0K
Market Conditions
NOI Build-Up for 1,070 SF
Gross rent
$32.5K $30.36/SF
− Vacancy
−$1.9K −$1.76/SF
EGI
$30.6K $28.60/SF
− OpEx
−$13.8K −$12.87/SF
NOI
$16.8K $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%
$336,620
Cap Rate 7%
$240,443
Cap Rate 9%
$187,011
Alternative Uses
Best Use
Apartment 5plus
$240.4K
$210.4K – $280.5K
NOI $16,831 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$260.8K
$228.2K – $304.3K
NOI $18,259 @ 7.0% cap · market cap 8.50%
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
599
Businesses Nearby
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Business Placement
Demographics for 19115, PA
35,919
Population
15,071
Households
2.4
Avg Household Size
44
Median Age
37%
College-Educated
92%
High-School Grad
5.2 sq mi
ZIP Area
6,908
Density / Sq Mi
$70,388
Median Household Income
$48,949
Median Earnings
$1,230
Median Rent
$330,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The eat-in kitchen was remodeled in 2023, and the unit includes in-unit laundry and assigned parking.
Where is this residential income property located?
The property is located at 8910 KREWSTOWN ROAD Unit 113 Philadelphia, PA.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: One‑bedroom condominium unit with private balcony; Eat‑in kitchen remodeled in 2023 with new cabinets, granite countertops and stainless steel appliances; In‑unit laundry and spacious closets
