Building Details

Tenancy Multi

Listing Agency: Scope Investment Real Estate Services

Listed By: Phil Sharrow · License #PA RSR002048

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:01PM

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Investment Insights

Based on property information with market context.

Key Highlights

• 25,000 SF student housing community offering 30 units with 50 bedrooms
• Fee‑simple interest for 3608‑3612 Spring Garden Street (The Legacy at Powelton Village)
• Units include granite countertops and stainless steel appliances, plus dishwashers

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Kitchen & Bath Showroom Furniture & Home Goods Butcher Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

30

Residential units

Multi-tenant

Tenancy

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

4,577

Businesses Nearby

Explore this area Business Placement

Demographics for 19104, PA

56,839

Population

23,888

Households

2.4

Avg Household Size

26

Median Age

47%

College-Educated

90%

High-School Grad

3.1 sq mi

ZIP Area

18,335

Density / Sq Mi

$39,526

Median Household Income

$18,420

Median Earnings

$1,329

Median Rent

$268,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

Where is this apartment building located?

The property is located at 3608 Spring Garden St Philadelphia, PA.

What are key features of this property?

This property features: 25,000 SF student housing community offering 30 units with 50 bedrooms; Fee‑simple interest for 3608‑3612 Spring Garden Street (The Legacy at Powelton Village); Units include granite countertops and stainless steel appliances, plus dishwashers