Multifamily Housing
4059 Powelton Avenue Philadelphia, PA 19104
Details & Description
Price: $1,135,000
    KW Commercial is pleased to present this beautiful and well maintained 8 Unit Multifamily Investment Property in the University City/Powelton Village neighborhood of Philadelphia. The property is 100% occupied with a mix of students and professionals. The unit mix consists of four (4) 2 bedroom/1 bath, two (2) 1 bedroom/1 bath, and two (2) Studio units. There is upside by increasing current rents to market rent (up to $14,000/year). Offering even more immediate upside is the Fully Approved "By-Right" addition of four (4) 2 bedroom/1 bath units to be constructed onto the rear of the building adding approximately another 4,000 SF.
    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.

    4059 Powelton Avenue

    Philadelphia, PA 19104

    Listing ID: 265539
    • 4059 Powelton Avenue Philadelphia, PA 19104 | for Sale | Photo 1
    • 4059 Powelton Avenue Philadelphia, PA 19104 | for Sale | Photo 2
    • 4059 Powelton Avenue Philadelphia, PA 19104 | for Sale | Photo 3
    • 4059 Powelton Avenue Philadelphia, PA 19104 | for Sale | Photo 4
    4059 Powelton Avenue | for Sale | Thumbnail 1
    4059 Powelton Avenue | for Sale | Thumbnail 2
    4059 Powelton Avenue | for Sale | Thumbnail 3
    4059 Powelton Avenue | for Sale | Thumbnail 4
    Building Size: 5,905 SF
    Lot Size: 0.200 AC
    Land Size: 8,712 SF
    Building $/SF: $192.21
    Land $/SF: $130.28
    Price
    $1,135,000
    Description

    KW Commercial is pleased to present this beautiful and well maintained 8 Unit Multifamily Investment Property in the University City/Powelton Village neighborhood of Philadelphia. The property is 100% occupied with a mix of students and professionals. The unit mix consists of four (4) 2 bedroom/1 bath, two (2) 1 bedroom/1 bath, and two (2) Studio units. There is upside by increasing current rents to market rent (up to $14,000/year). Offering even more immediate upside is the Fully Approved "By-Right" addition of four (4) 2 bedroom/1 bath units to be constructed onto the rear of the building adding approximately another 4,000 SF.

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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 4059 Powelton Avenue Philadelphia, PA 19104

    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 Population65,765474,852948,251
    Population Median Age313637
    Population by Age0-9 Yrs6267 (9%)51406 (10%)110868 (11%)
    10-19 Yrs11713 (17%)56873 (11%)111771 (11%)
    20-29 Yrs23158 (35%)107674 (22%)188109 (19%)
    30-39 Yrs7814 (11%)74855 (15%)152903 (16%)
    40-49 Yrs4883 (7%)47151 (9%)103156 (10%)
    50-59 Yrs4354 (6%)51148 (10%)108376 (11%)
    60-69 Yrs4020 (6%)45187 (9%)92023 (9%)
    70+ Yrs3556 (5%)40558 (8%)81044 (8%)
    Median HH Income$32,802$43,920$47,688
    Total Household Income< 24K9206 (41%)64229 (33%)114631 (30%)
    25-49K5469 (24%)40866 (21%)79893 (21%)
    50-74K3384 (15%)28684 (14%)57099 (15%)
    75-99K1692 (7%)18639 (9%)38105 (10%)
    100-199K1930 (8%)28083 (14%)61250 (16%)
    200K+613 (2%)12123 (6%)25579 (6%)
    Highest Education LevelNo Diploma43653891889173
    Diploma or GED791889190184842
    Some College575954435101962
    Assoc. Degree12781419832408
    Bachelors Degree705563964130987
    Higher Degree718258806108254
    Total Housing Units26,714229,834439,386
    --Owner-Occupied5,51482,674183,320
    --Renter-Occupied16,780109,950193,237
    Owner-Occupied Values< 100K18872695252842
    100-199K11672043450638
    200-299K8321081028877
    300-399K488776717807
    400-499K485520010626
    500K+6551151222531
    Total Working Age Population56,206393,972776,701
    In Work Force30,019236,838480,572
    Not In Work Force26,187157,134296,129
    Workforce Employed27,884216,370441,000
    Workforce Unemployed2,11820,35139,354
    Civlian Workforce30,003236,721480,354
    Military Workforce16117218
    Total Households22,294192,624376,558
    Family Households8,24786,356187,164
    Non-Family Households14,047106,268189,394
    Married Couple3,64040,26097,105
    Other Family4,60746,09690,059
    Married w/Child1,34412,75235,576
    Single Male w/Child2833,0517,500
    Single Female w/Child2,20718,49334,910

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Camden County508,932+1513,6570511,800+2521,000
    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:

    Total Households:

    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 4059 Powelton Avenue in Philadelphia?
    The asking price for 4059 Powelton Avenue is $1,135,000
    What is the building size of this Multifamily property in Philadelphia, PA?
    The size of the building/unit at 4059 Powelton Avenue in Philadelphia is 5,905 square feet
    How much land does the Philadelphia, PA property at 4059 Powelton Avenue include?
    4059 Powelton Avenue in Philadelphia includes 0.200 acres of land
    What is the population within 1 mile of 4059 Powelton Avenue in Philadelphia?
    The population within 1 mile of 4059 Powelton Avenue Philadelphia, PA 19104 is 65,765 people.
    Who do I contact for questions about 4059 Powelton Avenue?
    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) 74
    John F Kennedy International Airport (JFK) 89