Rare opportunity to own a distinctive historic property in Wyncote, with 7 residential units in the main building and a carriage house with a 2 bed room unit on the 2nd floor and one office on the first floor. This impressive stone building combines income-producing potential with exceptional architectural character and several important recent capital improvements. The property showcases beautiful original woodwork, grand staircases, decorative paneling, arched stained-glass windows, leaded-glass details, hardwood floors, high ceilings, and substantial stone construction. An expansive covered porch, mature landscaping, and distinctive stone-and-brick exterior further enhance its historic appeal. Significant recent improvements include NEW WATER HEATER (2024), and UPDATED HEATING SYSTEM (2024), providing meaningful upgrades to several of the property’s major systems. With eight residential units and one office, established rental income, and opportunities for continued improvement and long-term appreciation, 31 Hewett Rd offers investors a rare combination of historic character, multiple income streams, and substantial recent capital improvements. Conveniently located near shopping, transportation, and surrounding communities, this is a unique opportunity to acquire a landmark-style multifamily asset in Wyncote.
Wyncote is located in Pennsylvania. Wyncote, Pennsylvania has a population of 3,529. Wyncote is more family-centric than the surrounding county with 42.68% of the households containing married families with children. The county average for households married with children is 34.89%.
The median household income in Wyncote, Pennsylvania is $120,167. The median household income for the surrounding county is $99,361 compared to the national median of $69,021. The median age of people living in Wyncote is 47.4 years.
The average high temperature in July is 86.3 degrees, with an average low temperature in January of 25.7 degrees. The average rainfall is approximately 47.5 inches per year, with 17.4 inches of snow per year.