For Sale
$2,400,000

221 Chester PikeGlenolden, PA 19036

18-Unit Multi-Family, Fully Leased

Overview

Added:
Feb 3
Days on market:
62
This exceptional investment opportunity presents an 18-unit multi-family property located at 221 S Chester Pike in Glenolden, Pennsylvania. The property boasts a total of 17,000 square feet and comprises a mix of apartment sizes: ten two-bedroom units and eight one-bedroom units. A significant portion of the units have undergone recent renovations and upgrades. The property benefits from a recently installed, completely new electrical system, ensuring efficient and reliable power distribution. Further enhancing operational efficiency are brand new water meters for each unit, providing accurate and individual water usage tracking. All eighteen units feature newly installed toilets, contributing to the overall updated condition of the property. The property is currently fully leased, generating immediate and consistent rental income. A comprehensive tour of the property is scheduled for December 11th at 12:00 PM, providing a firsthand look at this lucrative investment opportunity. This is a rare chance to acquire a well-maintained, income-producing multi-family property in a desirable location. The property's strong occupancy rate and recent upgrades make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture. Don't miss this chance to add a high-performing asset to your portfolio.

Property Details for 221 Chester Pike

Property type
Multifamily properties
Square Feet
17,000 SF
Year Built
1970

Location Insight

City
Glenolden
County
Delaware
State
Pennsylvania
Latitude
39.89786
Longitude
-75.29103
221 Chester Pike, Glenolden, Pennsylvania

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221 Chester Pike
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