Multifamily Housing
4447 Chestnut Street Philadelphia, PA 19104
Details & Description
Price: $6,900,000
    • Mixed Use Portfolio For Sale in University City• 44 Units Total - 34 Residential and 10 Commercial• Strong Rental Occupancy History• Walking Distance to University of Pennsylvania,Drexel University, and many major employers• CMX-2 Zoning - City of Philadelphia• Surrounded by New Developments and publictransportation• Total Annual Property Tax: $63,248• Both Buildings fully renovated in 2008• Ideal for 1031 exchange
    Additional Photos
    Listing Agents
    Andrew Carlino

    O: 484-887-8202
    M: 610-733-1499
    acarlino@pillarrealestateadvisors.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.

    4447 Chestnut Street

    Philadelphia, PA 19104

    Mixed Use Portfolio-44 Units Total

    Listing ID: 301361
    • 4447 Chestnut Street Philadelphia, PA 19104 | for Sale | Photo 1
    • 4447 Chestnut Street Philadelphia, PA 19104 | for Sale | Photo 2
    • 4447 Chestnut Street Philadelphia, PA 19104 | for Sale | Photo 3
    • 4447 Chestnut Street Philadelphia, PA 19104 | for Sale | Photo 4
    • 4447 Chestnut Street Philadelphia, PA 19104 | for Sale | Photo 5
    4447 Chestnut Street | for Sale | Thumbnail 1
    4447 Chestnut Street | for Sale | Thumbnail 2
    4447 Chestnut Street | for Sale | Thumbnail 3
    4447 Chestnut Street | for Sale | Thumbnail 4
    4447 Chestnut Street | for Sale | Thumbnail 5
    Building Size: 30,000 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $278.33
    Land $/SF:
    Price
    $6,900,000
    Description

    • Mixed Use Portfolio For Sale in University City
    • 44 Units Total - 34 Residential and 10 Commercial
    • Strong Rental Occupancy History
    • Walking Distance to University of Pennsylvania,
    Drexel University, and many major employers
    • CMX-2 Zoning - City of Philadelphia
    • Surrounded by New Developments and public
    transportation
    • Total Annual Property Tax: $63,248
    • Both Buildings fully renovated in 2008
    • Ideal for 1031 exchange

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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 4447 Chestnut Street 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 Population70,527455,545905,494
    Population Median Age343637
    Population by Age0-9 Yrs7062 (10%)50160 (11%)101322 (11%)
    10-19 Yrs9273 (13%)55092 (12%)105881 (11%)
    20-29 Yrs21615 (30%)101209 (22%)177520 (19%)
    30-39 Yrs10299 (14%)74897 (16%)151761 (16%)
    40-49 Yrs6018 (8%)45883 (10%)98789 (10%)
    50-59 Yrs6127 (8%)48430 (10%)101147 (11%)
    60-69 Yrs5977 (8%)43601 (9%)90906 (10%)
    70+ Yrs4156 (5%)36274 (7%)78169 (8%)
    Median HH Income$35,650$46,878$52,203
    Total Household Income< 24K10713 (39%)57417 (30%)101768 (27%)
    25-49K6563 (23%)40258 (21%)77296 (20%)
    50-74K4066 (14%)27887 (14%)55823 (15%)
    75-99K2397 (8%)19055 (10%)39819 (10%)
    100-199K2681 (9%)28990 (15%)65331 (17%)
    200K+974 (3%)12516 (6%)28692 (7%)
    Highest Education LevelNo Diploma48103309874009
    Diploma or GED1049283894169290
    Some College730154097101147
    Assoc. Degree18381540233946
    Bachelors Degree885062767134924
    Higher Degree886256960111035
    Total Housing Units32,857219,104423,062
    --Owner-Occupied8,10780,052179,958
    --Renter-Occupied19,288106,071188,770
    Owner-Occupied Values< 100K26322515044422
    100-199K16752250750820
    200-299K1267978429604
    300-399K773676718427
    400-499K601476411304
    500K+11601107925381
    Total Working Age Population60,038375,095744,877
    In Work Force35,060235,432474,374
    Not In Work Force24,978139,663270,504
    Workforce Employed32,731214,893435,502
    Workforce Unemployed2,32720,40038,397
    Civlian Workforce35,057235,293473,899
    Military Workforce2139475
    Total Households27,395186,123368,728
    Family Households10,79685,598181,473
    Non-Family Households16,599100,524187,255
    Married Couple4,62240,03897,207
    Other Family6,17445,56084,266
    Married w/Child1,87713,49936,250
    Single Male w/Child3443,5036,693
    Single Female w/Child2,40018,34932,369

    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
    Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
    Philadelphia County1,517,550+11,526,006+81,653,729+61,753,054
    Montgomery County750,097+7799,874+5838,883+6891,868
    Delaware County550,864+1558,979+5588,436+6622,307

    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 4447 Chestnut Street in Philadelphia?
    The asking price for 4447 Chestnut Street is $6,900,000
    What is the building size of this Multifamily property in Philadelphia, PA?
    The size of the building/unit at 4447 Chestnut Street in Philadelphia is 30,000 square feet
    What is the population within 1 mile of 4447 Chestnut Street in Philadelphia?
    The population within 1 mile of 4447 Chestnut Street Philadelphia, PA 19104 is 70,527 people.
    Who do I contact for questions about 4447 Chestnut Street?
    You should contact the listing agent, Andrew Carlino, 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) 75
    John F Kennedy International Airport (JFK) 89