2419 3rd Ave - Apartments FOR SALE


Upper Chichester, PA 19061
$1,015,000 USD
610-329-0523
2419 3rd Ave, Upper Chichester, PA for Sale
$1,015,000 USD
Apartments - FOR SALE
1/15
null | 7.01% Cap Rate

2419 3rd Ave
Upper Chichester, PA 19061


HIGHLIGHTS

  • PA/DE Boarder
  • Large Parking Lot
  • Washer/Dryer each Unit as one tied into their electric
  • Corner Property with Marquee
  • Mixed Use
  • 1st Floor Commercial Tenants; 2nd Floor Six (6) 1 Bedroom, 1 Bath Units

OVERVIEW

Unlock the potential of 2419 3rd Avenue, a prime mixed-use commercial property situated in Upper Chichester Township on the vibrant Pennsylvania and Delaware border. This property is a strategic investment opportunity, boasting a dynamic combination of residential and commercial spaces. Ascend to the second floor, where six fully leased one-bedroom, one-bath units offer a steady stream of income. These thoughtfully designed living spaces provide residents with comfort and convenience, contributing to the property's overall allure. On the first floor, discover a thriving commercial hub featuring four fully leased units. The bustling activity on the ground floor ensures a consistent and diverse revenue stream for savvy investors. Recent upgrades, including new HVAC units, signify a commitment to modern comfort and energy efficiency. With tenants responsible for electric and water expenses, the financial outlook is even more favorable. Ample parking on the premises adds a layer of convenience for both residents and commercial occupants, enhancing the property's overall appeal. Strategic accessibility to major highways and byways ensures seamless connections for both residents and businesses. This property is not just a space; it's a gateway to opportunity at the crossroads of commerce and residence. Whether you're seeking a robust addition to your investment portfolio or a strategic foothold in a thriving community, 2419 3rd Avenue is your gateway to a prosperous future. Act now to secure your stake in this exceptional mixed-use gem on the Pennsylvania and Delaware border. Proforma in th Brochure with rents paid per month/expenses, etc

FOR SALE DETAILS

PRICE

$1,015,000 USD

PRICE/SF

$108 USD /SF

# OF UNITS

12

PRICE/UNIT

$84,583

CAP RATE

7.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

C1

APN/PARCEL ID

09-00-02231-01

ASK ABOUT THIS PROPERTY

Abigail ManeroWayne Realty CorporationMore Info
610-329-0523

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Abigail ManeroWayne Realty CorporationMore Info
610-329-0523

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.