Multifamily Housing
313 South 60th Street Philadelphia, PA 19143
Details & Description
Price: $1,200,000
    KW Commercial is pleased to exclusively present for sale 60th Street Commons. This Value Add 15 Unit Mixed-Use Property is located at 60th and Spruce Streets in West Philadelphia. The subject property is a 100% occupied fully-stabilized Mixed-Use Investment Property with the ability to increase rents and add value. 60th Street Commons consists of twelve apartment units averaging 750 SF each and 3 street level retail spaces which are 1,362 SF each. All 12 apartment units were renovated and updated back in 2016 and historically remain fully occupied. All units have separately metered electric. Individual electric hot water heaters in each unit, electric baseboard heat and electric stoves. Some tenants have window A/C units. Unit mix is 9 one bedroom units, 3 two bedroom units, and 3 commercial units. The 3 commercial spaces are occupied by a long term Ministry, a Daycare, and a clothing store.
    Property Highlights
    Additional Photos
    Listing Agents
    Brady Carroll
    KW Commercial
    O: 610-291-9895
    bcarroll@kwcommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    313 South 60th Street

    Philadelphia, PA 19143

    Listing ID: 265534
    • 313 South 60th Street Philadelphia, PA 19143 | for Sale | Photo 1
    • 313 South 60th Street Philadelphia, PA 19143 | for Sale | Photo 2
    • 313 South 60th Street Philadelphia, PA 19143 | for Sale | Photo 3
    • 313 South 60th Street Philadelphia, PA 19143 | for Sale | Photo 4
    313 South 60th Street | for Sale | Thumbnail 1
    313 South 60th Street | for Sale | Thumbnail 2
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    Building Size: 13,304 SF
    Lot Size: 0.138 AC
    Land Size: 6,000 SF
    Building $/SF: $90.20
    Land $/SF: $200.00
    Price
    $1,200,000
    Property Highlights
    Turnkey Mixed-Use Investment Opportunity
    All units fully renovated in 2016
    All units seperately metered for electric
    Description

    KW Commercial is pleased to exclusively present for sale 60th Street Commons. This Value Add 15 Unit Mixed-Use Property is located at 60th and Spruce Streets in West Philadelphia. The subject property is a 100% occupied fully-stabilized Mixed-Use Investment Property with the ability to increase rents and add value. 60th Street Commons consists of twelve apartment units averaging 750 SF each and 3 street level retail spaces which are 1,362 SF each. All 12 apartment units were renovated and updated back in 2016 and historically remain fully occupied. All units have separately metered electric. Individual electric hot water heaters in each unit, electric baseboard heat and electric stoves. Some tenants have window A/C units. Unit mix is 9 one bedroom units, 3 two bedroom units, and 3 commercial units. The 3 commercial spaces are occupied by a long term Ministry, a Daycare, and a clothing store.

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    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Philadelphia History of Multifamily Housing for Sale

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    Philadelphia Area Market Trends

    Listing Demographics for 313 South 60th Street Philadelphia, PA 19143

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population70,186372,732848,621
    Population Median Age373537
    Population by Age0-9 Yrs9420 (13%)48782 (13%)97212 (11%)
    10-19 Yrs9800 (13%)55249 (14%)102157 (12%)
    20-29 Yrs12055 (17%)72586 (19%)162078 (19%)
    30-39 Yrs8494 (12%)47771 (12%)130525 (15%)
    40-49 Yrs8434 (12%)40464 (10%)93541 (11%)
    50-59 Yrs8425 (12%)43203 (11%)101252 (11%)
    60-69 Yrs7006 (9%)35652 (9%)85028 (10%)
    70+ Yrs6552 (9%)29025 (7%)76828 (9%)
    Median HH Income$31,949$39,862$52,628
    Total Household Income< 24K10685 (41%)45164 (33%)91871 (27%)
    25-49K6922 (26%)33684 (25%)70693 (20%)
    50-74K4123 (15%)21580 (16%)53087 (15%)
    75-99K2298 (8%)13299 (9%)36197 (10%)
    100-199K1712 (6%)15736 (11%)60972 (18%)
    200K+225 (0%)4046 (3%)24884 (7%)
    Highest Education LevelNo Diploma69762953762185
    Diploma or GED1755777206163425
    Some College103964916395945
    Assoc. Degree28641402232364
    Bachelors Degree492035440122108
    Higher Degree230726086103119
    Total Housing Units31,710157,450389,502
    --Owner-Occupied12,09865,884174,874
    --Renter-Occupied13,86867,625162,829
    Owner-Occupied Values< 100K73432676942347
    100-199K34232486051699
    200-299K649659529374
    300-399K193296219747
    400-499K185171910603
    500K+306297921104
    Total Working Age Population54,360294,256695,043
    In Work Force30,781173,345439,830
    Not In Work Force23,579120,912255,213
    Workforce Employed27,002157,541407,097
    Workforce Unemployed3,77915,75632,599
    Civlian Workforce30,781173,297439,696
    Military Workforce047133
    Total Households25,966133,509337,703
    Family Households14,85474,545174,458
    Non-Family Households11,11258,964163,245
    Married Couple4,70932,03498,524
    Other Family10,14542,51075,934
    Married w/Child1,82212,62637,792
    Single Male w/Child6243,0126,156
    Single Female w/Child4,18418,06029,896

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Gloucester County254,673+13288,288+1292,000+5305,800
    Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
    Delaware County550,864+1558,979+5588,436+6622,307
    Montgomery County750,097+7799,874+5838,883+6891,868
    Philadelphia County1,517,550+11,526,006+81,653,729+61,753,054

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 313 South 60th Street in Philadelphia?
    The asking price for 313 South 60th Street is $1,200,000
    What is the building size of this Multifamily property in Philadelphia, PA?
    The size of the building/unit at 313 South 60th Street in Philadelphia is 13,304 square feet
    How much land does the Philadelphia, PA property at 313 South 60th Street include?
    313 South 60th Street in Philadelphia includes 0.138 acres of land
    What is the population within 1 mile of 313 South 60th Street in Philadelphia?
    The population within 1 mile of 313 South 60th Street Philadelphia, PA 19143 is 70,186 people.
    Who do I contact for questions about 313 South 60th Street?
    You should contact the listing agent, Brady Carroll , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Philadelphia International Airport (PHL) 6
    Newark Liberty International Airport (EWR) 76
    John F Kennedy International Airport (JFK) 90