RENTED AUG 4, 2025
1 Bed
1 Bath
547 Sq Ft
4,792 Sq Ft Lot

Highlights

  • New Construction
  • 0.11 Acre Lot
  • Wood Flooring
  • Rooftop Deck
  • Open Floorplan
  • 4-minute walk to Frankford Avenue Garden

About This Home

As of August 2025

Available NOW | Leasing Special: 1 month free for a 13 month lease - $1,300/month gross rent, $1,200/month net effective rent. Only 1st month's rent and security deposit due upfront prior to move-in! | A physical tour is required before applying. Sight unseen applications will not be considered.

Welcome to Penn Reading! This gorgeous, professionally managed building is the perfect place for you to call home! Modern features collide with convenient living in these spacious 1 and 2 bedroom apartments, located in vibrant East Kensington. You’re sure to love the luxurious lobby showcasing an elevator and 2 separate stairwells for easy and secure access in and out of the building. An Amazon Digital Key Delivery Access ensures your packages will be delivered inside the building for added peace of mind. Unit #B3 is a 1 bedroom, 1 bathroom apartment on the lower level with beautiful finishes and a large bedroom. Conveniently equipped with central a/c for year-round comfort and in-unit laundry, each unit was custom engineered to offer peace of mind and well-being. The open floor plans provide a bright and airy atmosphere and ample room for you to customize your furniture arrangement. Enjoy kitchens that have never been used before and are fully equipped with cabinetry above and below, marble counters and backsplash, and sleek stainless steel appliances. Large windows offer abundant sunlight throughout and the bedrooms are sizable with sliding closet doors. The elegant bathrooms boast modern fixtures and lighted vanities with storage space. This beautiful rental won’t last long – call today to claim this gem as your own! Please note: photos & video tour are from a similar unit within the building; exact layouts and finishes may vary.

Lease Terms:

Generally, 1st month, 12th month, and 1 month security deposit due at, or prior to, lease signing. Other terms may be required by Landlord. $55 application fee per applicant. Pets are conditional on owner's approval and may require an additional fee, if accepted. (Generally, $500/dog and $250/cat). Tenants responsible for: electricity, cable/internet, and flat water fee ($40/month for 1bed). Landlord Requirements: Applicants to make 3x the monthly rent in verifiable net income, credit history to be considered (i.e. no active collections), no evictions within the past 4 years, and must have a verifiable rental history with on-time rental payments. Exceptions to this criteria may exist under the law and will be considered.

Last Agent to Rent the Property

LaShae Gordon Strickland

JG Real Estate LLC License #RS320831 Listed on: 04/08/2025

JG Real Estate LLC

Last Renter's Agent

LaShae Gordon Strickland

JG Real Estate LLC License #RS320831 Listed on: 04/08/2025

JG Real Estate LLC

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 4,792

Home Design

  • Masonry

Interior Spaces

  • 547 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Public Parking
  • On-Street Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Rooftop Deck
  • Property is in excellent condition

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,300
  • Requires 2 Months of Rent Paid Up Front
  • Tenant pays for all utilities
  • No Smoking Allowed
  • 12-Month Min and 60-Month Max Lease Term
  • Available 7/7/25
  • $55 Application Fee
  • Assessor Parcel Number 882966960

Community Details

Overview

  • Low-Rise Condominium
  • East Kensington Subdivision

Pet Policy

  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 2022 | New Construction

Lot Details

0

Rental Info

  • Date Available: 2025-07-07
  • Application Fee: 55.00
  • Months Rent Up Front: 2.0
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Security Deposit: 1300.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 60
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2022
  • Remarks Public: Available NOW | Leasing Special: 1 month free for a 13 month lease - $1,300/month gross rent, $1,200/month net effective rent. Only 1st month's rent and security deposit due upfront prior to move-in! | A physical tour is required before applying. Sight unseen applications will not be considered. Welcome to Penn Reading! This gorgeous, professionally managed building is the perfect place for you to call home! Modern features collide with convenient living in these spacious 1 and 2 bedroom apartments, located in vibrant East Kensington. You’re sure to love the luxurious lobby showcasing an elevator and 2 separate stairwells for easy and secure access in and out of the building. An Amazon Digital Key Delivery Access ensures your packages will be delivered inside the building for added peace of mind. Unit #B3 is a 1 bedroom, 1 bathroom apartment on the lower level with beautiful finishes and a large bedroom. Conveniently equipped with central a/c for year-round comfort and in-unit laundry, each unit was custom engineered to offer peace of mind and well-being. The open floor plans provide a bright and airy atmosphere and ample room for you to customize your furniture arrangement. Enjoy kitchens that have never been used before and are fully equipped with cabinetry above and below, marble counters and backsplash, and sleek stainless steel appliances. Large windows offer abundant sunlight throughout and the bedrooms are sizable with sliding closet doors. The elegant bathrooms boast modern fixtures and lighted vanities with storage space. This beautiful rental won’t last long – call today to claim this gem as your own! Please note: photos & video tour are from a similar unit within the building; exact layouts and finishes may vary. Lease Terms: Generally, 1st month, 12th month, and 1 month security deposit due at, or prior to, lease signing. Other terms may be required by Landlord. $55 application fee per applicant. Pets are conditional on owner's approval and may require an additional fee, if accepted. (Generally, $500/dog and $250/cat). Tenants responsible for: electricity, cable/internet, and flat water fee ($40/month for 1bed). Landlord Requirements: Applicants to make 3x the monthly rent in verifiable net income, credit history to be considered (i.e. no active collections), no evictions within the past 4 years, and must have a verifiable rental history with on-time rental payments. Exceptions to this criteria may exist under the law and will be considered.
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
  • Interior Amenities: Floor Plan - Open, Recessed Lighting, Wood Floors, Elevator
  • Fireplace: No
  • Elevators Count: 1
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 547
  • Living Area Sq Ft: 547
  • Price Per Sq Ft: 2.19
  • Above Grade Finished Sq Ft: 547
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2046

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Construction Completed: No
  • Exterior Features: Roof Deck
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public, Unassigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Land Use Code: CA0
  • Lot Size Acres: 0.11
  • Lot Dimensions: 62.00 x 96.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4818.00
  • Property Condition: Excellent
  • Zoning: CMX25

Tax Info

  • Assessor Parcel Number: 882966960
  • Tax Total Finished Sq Ft: 16940
  • Close Date: 08/04/2025

MLS Schools

  • School District Name: PHILADELPHIA CITY

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Rented $1,200 0.0% --
07/31/2025 07/31/25 Under Contract -- -- --
07/17/2025 07/17/25 Price Changed $1,200 -3.7% $2 / Sq Ft
04/08/2025 04/08/25 For Rent $1,246 -9.4% --
03/20/2024 03/20/24 Rented $1,375 +15.4% --
03/19/2024 03/19/24 Under Contract -- -- --
02/19/2024 02/19/24 Price Changed $1,192 -1.3% $2 / Sq Ft
10/10/2023 10/10/23 Price Changed $1,208 -9.7% $2 / Sq Ft
08/25/2023 08/25/23 For Rent $1,338 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2467318

Bright MLS

APN: 88-2966960