Portfolio of 4 Assets For Sale Olde Kensington & Sharswood Listing Details & Market Data

Portfolio of 4 Assets For Sale Olde Kensington & Sharswood, Philadelphia, PA 19133

  • For Sale $3,475,000
  • Property Type Multi-Family
  • Property Size 12,542 SF
  • Units 15
  • Date Updated Apr 4, 2024
With the 2nd most populous Central Business District in the country, Philadelphia is centrally located on the northeast corridor with 80% of the US population within a 1 day drive (defined as 500 miles). More than 46 million people live within a 200 mile radius of Philadelphia. Located half way between Washington DC and New York City on Interstate 95, Philadelphia has long been a cost effective alternate to its more expensive cost of living neighboring cities. According the NAHB, Philadelphia ranks 1st among major metros in housing value and opportunity.This portfolio is comprised of 15 units over 4 locations. Two duplexes, a triplex, and an eight unit building with a single car garage. All properties are located in Philadelphia neighborhoods of Sharswood and Olde Kensington. Per bestplaces.net, the 19133 (Olde Kensington) zip code has enjoyed 17.3% home appreciation in the last 10 years. It also has a robust market for renters making up 45.3% of the population. Home appreciation in the 19121 zip code (Sharswood) has been 19.8% over the last 10 years . Renters make up 49.8% of the population. All of these properties have undergone full gut renovations and were stripped down to the studs. Many of the layouts were reconfigured. Each property was then rebuilt with new electric, plumbing, hvac, roofing, windows, curb traps where necessary, appliances, kitchens, bathrooms, etc... Each property has a 10 year tax abatement secured and most are still in process with the city and have not begun. Ridge Ave has been completed as of 2/1/23.

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Attachments

Highlights

  • 2323 N 2nd St Philadelpiha PA 19133 (3 units)
  • 2527 N Front St Philadelphia PA 19133 (2 units)
  • 2118 W Master St Philadelphia PA 19121 (2 units)
  • 2626-28 Ridge Ave Philadelphia PA 19121 (8 units + Garage)

Contacts

broker

Brian Ashby, CCIM

Emory Hill Real Estate Services

(302) 322-9500

Location

Getting Around

  • Walk Score ®

    Walker's Paradise (94)

  • Transit Score ®

    Good Transit (69)

  • Bike Score ®

    Very Bikeable (81)
Powered by Walk Score ®
  • City Philadelphia, PA
  • Neighborhood Kensington South
  • Zip Code 19133
  • Market Philadelphia

Points of Interest

  • Girard Avenue & 3rd Street

    0.29 miles

  • Girard Avenue & 2nd Street

    0.29 miles

  • Girard Avenue & 4th Street

    0.30 miles

  • Girard Avenue & 5th Street

    0.36 miles

  • Girard Avenue & Front Street

    0.38 miles

  • Girard

    0.39 miles

  • Girard Avenue & Frankford Avenue

    0.45 miles

  • Frankford Avenue & Girard Avenue

    0.46 miles

  • Berks

    0.47 miles

  • Girard Avenue & 7th Street

    0.48 miles

  • Liberty

    0.58 miles

  • BP gas

    1.02 miles

  • Sunnoco

    1.03 miles

  • J&H Car Charging Station

    1.13 miles

  • Wawa

    1.15 miles

  • Lukoil

    1.27 miles

  • Gulf

    1.28 miles

  • Conoco

    1.29 miles

  • Speedway

    1.29 miles

  • Liberty

    1.30 miles

  • West Parking Lot

    0.21 miles

  • South Parking Lot

    0.25 miles

  • Girard Medical Center Garage

    0.54 miles

  • Philadelphia Police 26th District Parking Lot

    0.69 miles

  • Rivers Casino Philadelphia Parking Lot

    0.73 miles

  • Temple University Lot

    0.75 miles

  • Montgomery Garage

    0.78 miles

  • Bell Garage

    0.79 miles

  • Rivers Casino Philadelphia Parking Garage

    0.81 miles

  • Temple Towers Lot

    0.85 miles

  • El Greco Pizza

    0.06 miles

  • Que Chula Es Puebla

    0.10 miles

  • Pasha's Halal Food

    0.19 miles

  • El Cafeito

    0.20 miles

  • Good Spoon Soupery

    0.27 miles

  • Helm

    0.29 miles

  • Wm Mulherin's Sons

    0.29 miles

  • Cheu Fishtown

    0.30 miles

  • Cadence

    0.31 miles

  • Suraya

    0.32 miles

  • La Salle Academy

    0.06 miles

  • John Moffet Elementary School

    0.23 miles

  • James R. Ludlow Elementary School

    0.32 miles

  • Saint Peter the Apostle School

    0.40 miles

  • William W. Bodine High School

    0.41 miles

  • Kensington Creative & Performing Arts High School

    0.47 miles

  • Adaire Alexander School

    0.53 miles

  • The City School: Poplar Campus

    0.56 miles

  • Saint Laurentius School

    0.58 miles

  • Young Scholars Charter School

    0.60 miles

  • Acelero Learning

    0.52 miles

  • The Joshua Tree Early Learning Center

    0.56 miles

  • Norris Square Children's Center

    0.56 miles

  • Acelero Learning

    0.57 miles

  • Norris Square Community Alliance Head Start Center

    0.58 miles

  • Saint Laurentius Preschool

    0.58 miles

  • Shake Rattle Roll Inc

    1.04 miles

  • Brightside Academy

    1.11 miles

  • KenCrest Early Education Center

    1.26 miles

  • In Mommie's Arms

    1.37 miles

Contact Listing Broker

broker

Brian Ashby, CCIM

Emory Hill Real Estate Services

(302) 322-9500