100 Chester Pike,DARBY, PA 19023
DARBY, PA 19023
Description
Investor alert! This fully renovated mixed-use duplex is the turnkey asset your portfolio’s been waiting for. Featuring a prime commercial storefront on year 4 of a 10-year net leasewith built-in annual rent increases and a committed tenant already expressing interest in the 5-year extensionthis property is a cash-flow machine. The current commercial rent is $1,369.40/month and set to rise to $1,431.02 in October, eventually reaching $1,783.31 by the final lease year. Tenant covers electric, water, and trash, and handles all business-related repairs. The residential and commercial units are separately metered making utility bill backs simple. The residential unit has 4 bedrooms, 1.5 bathrooms, and a spacious living area. Recently vacated and updated, the home boasts granite countertops, LVP flooring, tile bath/shower, and new appliances including a washer and dryer in the full basement. Previously rented at $1,550, it’s ready to command $1,650+ in today’s market. With both units rented, you’re looking at over $3,000/month in income and a 9% cap rate from day one. Gross annual revenue exceeds $36,000, and with updated systems and stable tenants, this is a true turnkey investment in a prime location. Don’t miss your chance to secure a high-performing asset in a growing area!
Details
| MLS # | PADE2091634 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract-bright |
| Year | 1920 |
| Days On Site | 52 |
| Listing Provided By | Empower Real Estate, LLC | Mario Vincent Ciccarelli |
Features
| Story(s) | 3 |
|---|---|
| Units | 2 |
| Zoning | TAXABLE COMMERCIAL |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric |
Exterior
| Roof | Flat |
|---|---|
| Construction Materials | Other |
| Foundation Details | Stone |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 9456 |
| Tax Lot | 415-000 |
Market Activity 19023
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Learn More About This Property
| State | PA |
|---|---|
| County | DELAWARE PA |
| City | DARBY |
| Zip Code | 19023 |
| Area | Collingdale Boro (10411) |
| Community Name | COLLINGDALE |
| School District | SOUTHEAST DELCO |
| Listing VS Median (in COLLINGDALE) | |
Price: $280,000 low | high Med: $272,450 On site: 52 low | high Med: 16.500000 | |
