For Sale
$700,000

18-22 Macdade BlvdGlenolden, PA 19036

Eight-unit building, strong rental income.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property in Glenolden, Pennsylvania, presents a lucrative investment opportunity. Located at 18-22 S MacDade Blvd, 19036, this 6,601 square foot building boasts eight units currently operating at 100% occupancy, generating a monthly rental income of $6,425. The property comprises five residential units – four two-bedroom apartments and one efficiency – along with two storefronts and a warehouse space. Its prime location on MacDade Boulevard ensures excellent visibility and convenient access to major transportation arteries, including I-95 and I-495. The building benefits from a strong rental history and is professionally managed, minimizing operational concerns for the investor. This is a rare opportunity to acquire a well-maintained, high-performing mixed-use asset in a desirable location with significant upside potential. The property is offered at an asking price of $700,000 with a gross lease type. The building's multi-tenant structure provides diversification and stability, making it an attractive investment for both seasoned and emerging real estate investors. This is a turn-key operation ready for immediate income generation.

Highlights

  • $700,000 asking price.
  • Mixed-use multifamily apartment building with 8 units.
  • 6,601 square feet.
  • 100% occupancy with 8 tenants generating $6,425 monthly gross rent.
  • Gross lease structure.
  • Located at 18-22 S MacDade Blvd, Glenolden, PA 19036.

Property Details for 18-22 Macdade Blvd

Property type
Mixed-use properties, Apartment buildings
Square Feet
6,601 SF
Units
8

Location Insight

City
Glenolden
County
Delaware
State
Pennsylvania
Latitude
39.904711479248
Longitude
-75.292810640785
18-22 Macdade Blvd, Glenolden, Pennsylvania

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18-22 Macdade Blvd
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