Bought with Dikran Derderian • HomeSmart Realty Advisors- Exton
$355,000
$395,000
10.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 01/29/2026
Key Details
Sold Price $355,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PADE2103214
Sold Date 01/29/26
Year Built 1946
Available Date 2025-11-10
Annual Tax Amount $3,100
Tax Year 2024
Lot Dimensions 25.00 x 140.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Fantastic investment opportunity in Delaware County! This well-maintained six-unit multifamily property offers outstanding rental income potential with a positive cash flow of approximately $65,000 per year. The property features three one-bedroom units, two two-bedroom units, and one studio, each with separate entrances and individual utilities. Recent updates include a new roof, replacement windows, fresh interior paint, and renovated bathrooms, providing comfort and low maintenance for years to come. Conveniently located near public transportation, shopping, and restaurants, 10 minutes from the airport. This property is perfectly situated for strong tenant demand. All leases are currently month-to-month, offering flexibility for new ownership. A solid, income-producing investment you don't want to miss!
Location
State PA
County Delaware
Area City Of Chester (10449)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Sewer Public Septic
Water Public
New Construction N
Schools
School District Chester-Upland
Others
Tax ID 49-11-01622-00
Ownership Fee Simple
Special Listing Condition Standard
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