Two-Bedroom Residential Income
For Sale
$334,900
926 RACE STREET Unit 4C, Philadelphia, PA 19107
Condominium unit with hardwood floors, convenient transportation access, and nearby dining and everyday shopping.
Property Size942 SF
Days on Market80
Property Features for 926 RACE STREET Unit 4C
General Information
Standard status
Active
Size
942 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,094
Building Details
Building Size
942 SF
Year Built
1900
Listing Agency:
Honest Real Estate
(215) 275-6914
Listed By:
yi cao · License #RS365696
(215) 275-6914
Source:
Patmckennarealtors
Added: May 17
Changed: Aug 4
Last Checked: Aug 4 at 4:16AM
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 Honest Real Estate
Investment Insights
Based on property information with market context.
This condominium unit offers two bedrooms, one full bathroom, and a practical residential layout. Hardwood flooring extends throughout the home, and the property was built in 1900. The unit is identified as 4C at 926 Race Street in Philadelphia, Pennsylvania.
Located in Chinatown, the property places restaurants, authentic cuisine, markets, and supermarkets within immediate reach. Major highways and bridges provide access for regional travel and commuting. The combination of residential functionality, established construction, and a setting surrounded by daily conveniences supports both owner-occupancy and investor use as described for the property.
Located in Chinatown, the property places restaurants, authentic cuisine, markets, and supermarkets within immediate reach. Major highways and bridges provide access for regional travel and commuting. The combination of residential functionality, established construction, and a setting surrounded by daily conveniences supports both owner-occupancy and investor use as described for the property.
Key Highlights
- Two‑bedroom, one full‑bath condominium unit
- Hardwood flooring throughout the residence
- Built in 1900
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 | $28.6k | $30.36 |
| − Vacancy | −$1.7k | −$1.76 |
| EGI | $26.9k | $28.60 |
| − OpEx | −$12.1k | −$12.87 |
| NOI | $14.8k | $15.73 |
942 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$211.7K
$185.2K – $247.0K
NOI $14,817 @ 7.0% cap · market cap 4.42%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$229.6K
$200.9K – $267.9K
NOI $16,075 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
20,003
Businesses Nearby
Explore this area
Business Placement
Demographics for 19107, PA
17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value
Market
Average Price Trend$/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 - Condominium unit with hardwood floors, convenient transportation access, and nearby dining and everyday shopping.
Where is this residential income property located?
The property is located at 926 RACE STREET Unit 4C Philadelphia, PA.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: Two‑bedroom, one full‑bath condominium unit; Hardwood flooring throughout the residence; Built in 1900
