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| Description |
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(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.
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| Room Sizes |
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| Location |
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| Driving Directions |
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E. oak Ln to N. Macdade Blvd.
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| Details |
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Basement - Wood
Exterior Features - Frame
Heating - Radiator, Natural Gas
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public
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