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Photo of 32 S Macdade Boulevard, Glenolden PA
32 S Macdade Boulevard
Glenolden, PA 19036
# of Units
1
1 Bdrm Units
2
Interior SqFt
4,052
Age
106
Heating
Natural Gas
Cooling
N/A
Water
Public
Sewer
Public
Garages
0
Taxes (2024)
4,453
Additional Details Below

Description

(Cross Posted -- under commercial) Excellent investment opportunity in the heart of Glenolden Borough! This mixed-use, four-unit property features a glass shop storefront on the main level plus three residential apartments above — one studio and two one-bedroom units. Fully occupied potential income of $4,000/month ($48,000/year) with the vacant one-bedroom ready to rent. Owner pays cold water and gas heat for the building; tenants cover electric and other utilities. Annual expenses include approximately $4,500 taxes, $4,500 insurance, and $8,000 utilities, yielding a Net Operating Income (NOI) of about $31,000 At the $335,000 list price, this property delivers a strong 9.25% cap rate with room for upside through rent increases or individual utility separation. Prime visibility along MacDade Blvd, near public transportation, shopping, and major commuter routes. A perfect opportunity for investors seeking stable cash flow in a growing area.

Location

Driving Directions

E. oak Ln to N. Macdade Blvd.

Listing Details

Interior Features
Basement

Wood

Exterior Features
Exterior Features

Frame

Utilities
Heating

Radiator, Natural Gas

Hot Water

Natural Gas

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: B1
Lattitude : 39.904750
Longitude : -75.293430
MLS# : PADE2103120
Views : 93
Listing Courtesy: Lauren Quinn of Prime Realty Partners

Notes

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Presentation: © 2026 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839

Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

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