Rittenhouse Realty Advisors Sells 14-Unit Multifamily Property In Philadelphia For $3.65M

Located at 502 Gerhard Street in Philadelphia, PA, this multifamily property was recently sold in a closed transaction. The property consists of 14 units, and the sale price was $3,655,000, resulting in a price per square foot of $261,071.

Summary of Transaction Details:

• Property Type: Multifamily
• Transaction Amount: $3,655,000
• Address: 502 Gerhard Street, Philadelphia, PA
• Market: Philadelphia, PA
• Brokers: Ken Wellar, Corey Lonberger, Mark Duszak, Alan Krawitz & Kyle McShane - Rittenhouse Realty Advisors
• Units: 14
• Price Per Square Foot: $261,071

The transaction was facilitated by Ken Wellar, Corey Lonberger, Mark Duszak, Alan Krawitz, and Kyle McShane from Rittenhouse Realty Advisors. These brokers represented the parties involved in the sale, demonstrating their expertise and knowledge in the Philadelphia market.