Quadplex
For Sale
$850,000
4707 LONGSHORE AVENUE, Philadelphia, PA 19135
The offering pairs this Longshore Avenue property with the adjoining offering at 4705 Longshore Avenue.
Property Size2,052 SF
Price / SF$414.23
Days on Market8
Property Features for 4707 LONGSHORE AVENUE
General Information
Standard status
Active
Size
2,052 SF
Property subtype
Quadruplex
Site & Location
Neighborhood
Northeast Philadelphia
Additional Details
Asking Price
$850,000
Unit Mix
3 x 1BR/1BA, 1 x 2BR/1BA
Building Details
Year Built
1940
Buildings
2
Listing Agency:
KW Empower
(215) 627-3500
Listed By:
Asa Kurland · License #RS349157
(267) 388-1114
Source:
Cummingsrealtors
Added: Oct 23
Changed: Oct 29
Last Checked: Oct 28 at 7:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Empower
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property at 4707 Longshore Avenue contains approximately 2,052 square feet and was built in 1940. It is offered only as part of a combined sale with 4705 Longshore Avenue; the two properties are not available separately.
Key Highlights
- Approximately 2,052 SF
- Built in 1940
- Must be purchased with 4705 Longshore Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,017
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,340
$700.3K
Cap Rate 7%
$500,243
$500.2K
Cap Rate 9%
$389,078
$389.1K
Market Conditions
NOI Build-Up for 2,052 SF
Gross rent
$52.9K $25.80/SF
− Vacancy
−$2.9K −$1.42/SF
EGI
$50.0K $24.38/SF
− OpEx
−$15.0K −$7.31/SF
NOI
$35.0K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,340
Cap Rate 7%
$500,243
Cap Rate 9%
$389,078
Alternative Uses
Best Use
Multifamily LT 5
$500.2K
$437.7K – $583.6K
NOI $35,017 @ 7.0% cap · market cap 4.12%
Second Best
Apartment 5plus
$461.1K
$403.5K – $538.0K
NOI $32,277 @ 7.0% cap · market cap 3.80%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
1,126
Businesses Nearby
Explore this area
Business Placement
Demographics for 19135, PA
35,422
Population
14,323
Households
2.5
Avg Household Size
34
Median Age
16%
College-Educated
82%
High-School Grad
2.3 sq mi
ZIP Area
15,401
Density / Sq Mi
$51,817
Median Household Income
$38,673
Median Earnings
$1,197
Median Rent
$182,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - The offering pairs this Longshore Avenue property with the adjoining offering at 4705 Longshore Avenue.
Where is this quadplex located?
The property is located at 4707 LONGSHORE AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Approximately 2,052 SF; Built in 1940; Must be purchased with 4705 Longshore Avenue
