Multifamily Housing
234 Reese Street Sharon Hill, PA 19079

Details & Description

Price: $445,000

KW Commercial is pleased to present this 4 unit value-add investment property in Sharon Hill, PA. The property is a well-designed and spacious apartment building on a .25 acre lot that includes another building with four garages, a large yard, and a huge basement with built-in storage lockers and laundry machines for additional income. The utilities are separately metered with each unit having their own individual gas fired boiler with hot water radiator heat. Each unit has their own electric hot water heater and window unit A/C. Solid bones and a high demand rental market make this property a great investment with upside.

Property ID: 265555
Property URL: melqr.com/265555
Generated: 04-28-24

Property Highlights

• Four spacious 2 bedroom 1 bath units
• Four garages with electric for additional income
• Separate Utilities

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.

Pennsylvania / Sharon Hill / 19079 / 234 Reese Street

234 Reese Street

Sharon Hill, PA 19079

Listing ID: 265555

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Building Size: 5,344 SF

Lot Size: 0.260 AC

Land Size: 11,325 SF

Building $/SF: $83.27

Land $/SF: $39.29

Price

$445,000

Property Highlights

Four spacious 2 bedroom 1 bath units

Four garages with electric for additional income

Large basement with built-in storage lockers and laundry machines

Separate Utilities

Description

KW Commercial is pleased to present this 4 unit value-add investment property in Sharon Hill, PA. The property is a well-designed and spacious apartment building on a .25 acre lot that includes another building with four garages, a large yard, and a huge basement with built-in storage lockers and laundry machines for additional income. The utilities are separately metered with each unit having their own individual gas fired boiler with hot water radiator heat. Each unit has their own electric hot water heater and window unit A/C. Solid bones and a high demand rental market make this property a great investment with upside.

Attachments & Files

offeringmemorandum-8-8p5-TIC.pdf

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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Listing Demographics for 234 Reese Street Sharon Hill, PA 19079

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 Population		28,429	205,734	568,292
Population Median Age		36	37	37
Population by Age	0-9 Yrs	3663 (12%)	27644 (13%)	71744 (12%)
	10-19 Yrs	4305 (15%)	26163 (12%)	74519 (13%)
	20-29 Yrs	4705 (16%)	30492 (14%)	96186 (16%)
	30-39 Yrs	4043 (14%)	30002 (14%)	80050 (14%)
	40-49 Yrs	3186 (11%)	25213 (12%)	65313 (11%)
	50-59 Yrs	3832 (13%)	27128 (13%)	72134 (12%)
	60-69 Yrs	2709 (9%)	21437 (10%)	59142 (10%)
	70+ Yrs	1986 (6%)	17655 (8%)	49203 (8%)

Median HH Income		$52,234	$49,610	$49,776
Total Household Income	< 24K	2359 (23%)	19637 (25%)	56590 (26%)
	25-49K	2470 (24%)	19539 (25%)	49579 (23%)
	50-74K	2137 (21%)	14329 (18%)	35920 (16%)
	75-99K	1332 (13%)	9604 (12%)	24473 (11%)
	100-199K	1563 (15%)	13106 (16%)	36857 (17%)
	200K+	199 (1%)	1636 (2%)	8160 (3%)

Highest Education Level	No Diploma	2046	15270	40219
	Diploma or GED	7500	53723	133363
	Some College	3739	28353	72984
	Assoc. Degree	1773	11288	26958
	Bachelors Degree	2345	19569	63616
	Higher Degree	1020	9615	39459

Total Housing Units		11,375	87,977	241,083
--Owner-Occupied		5,765	46,071	121,519
--Renter-Occupied		4,296	31,780	90,060
Owner-Occupied Values	< 100K	2734	15615	33367
	100-199K	2675	23149	49044
	200-299K	213	5555	21759
	300-399K	18	1052	9875
	400-499K	51	233	3580
	500K+	74	468	3895

Total Working Age Population		21,923	161,703	451,810
In Work Force		14,814	106,167	287,289
Not In Work Force		7,109	55,537	164,521
Workforce Employed		13,488	97,323	264,182
Workforce Unemployed		1,326	8,833	23,051
Civlian Workforce		14,814	106,156	287,233
Military Workforce		0	11	56

Total Households		10,061	77,850	211,580
Family Households		6,221	46,888	124,789
Non-Family Households		3,840	30,962	86,791
Married Couple		2,625	24,279	67,954
Other Family		3,596	22,609	56,835
Married w/Child		1,146	10,126	27,639
Single Male w/Child		353	1,850	4,771
Single Female w/Child		1,454	9,678	22,577

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
New Jersey	8,414,350	+4	8,791,894	+4	9,132,700	+4	9,530,900
Gloucester County	254,673	+13	288,288	+1	292,000	+5	305,800
Pennsylvania	12,281,054	+3	12,702,379	+4	13,230,170	+4	13,759,594
Delaware County	550,864	+1	558,979	+5	588,436	+6	622,307
Montgomery County	750,097	+7	799,874	+5	838,883	+6	891,868
Philadelphia County	1,517,550	+1	1,526,006	+8	1,653,729	+6	1,753,054

Total Working Age Population:

Total Households:

Total Working Age Population:

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Total Working Age Population:

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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 234 Reese Street in Sharon Hill?

The asking price for 234 Reese Street is $445,000

What is the building size of this Multifamily property in Sharon Hill, PA?

The size of the building/unit at 234 Reese Street in Sharon Hill is 5,344 square feet

How much land does the Sharon Hill, PA property at 234 Reese Street include?

234 Reese Street in Sharon Hill includes 0.260 acres of land

What is the population within 1 mile of 234 Reese Street in Sharon Hill?

The population within 1 mile of 234 Reese Street Sharon Hill, PA 19079 is 28,429 people.

Who do I contact for questions about 234 Reese 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)	3
Newark Liberty International Airport (EWR)	79
Baltimore Washington International (Thurgood Marshall Airport) (BWI)	90