For Sale
$275,000

47 Macdade Blvd Darby, PA 19023

Five-building portfolio, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a five-building multifamily portfolio located in Darby, Pennsylvania, at 47 MacDade Blvd and surrounding addresses. The package includes a renovated duplex (47 MacDade Blvd) and four single-family homes, offering a total of six rental units across 1,539 net rentable square feet. Currently boasting 100% occupancy, this stabilized portfolio generates a strong annual net operating income (NOI) of $18,000, representing a compelling 6.55% capitalization rate. The duplex, with its 2022 renovations, commands a monthly rent of $2000. The single-family homes, located on Crosskey Street and Mountain Street, generate monthly rents ranging from $1350 to $1850. The asking price for this entire package is $275,000, with a price per unit of $137,500. The property is zoned R-20 Two Family, offering flexibility and potential for future development. This turnkey investment is ideal for those seeking immediate cash flow and a strong return on investment. The properties are held in fee simple ownership. This is a rare opportunity to acquire a well-maintained, cash-flowing portfolio in a desirable location. Don't miss out on this exceptional investment opportunity.

Highlights

  • Portfolio Investment Opportunity
  • Generating Positive Cash Flow
  • Ready for Immediate Occupancy

Property Details for 47 Macdade Blvd

Property type
Residential income homes, Apartment buildings
Class
C
Year Renovated
2022
Buildings
5
Units
2

Location Insight

City
Darby
County
Delaware
State
Pennsylvania
Latitude
39.9200613
Longitude
-75.2683228

FAQs

What type of property is this?
Residential income home - Five-building portfolio, high occupancy.
Where is the residential income home located?
The property is located at 47 Macdade Blvd Darby, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Portfolio Investment Opportunity; Generating Positive Cash Flow; Ready for Immediate Occupancy
How can I contact the broker?
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47 Macdade Blvd
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