PA > Glenolden
Glenolden, PA 19036,32 S MACDADE BLVD
Glenolden, PA 19036,32 S MACDADE BLVD
Glenolden, PA 19036,32 S MACDADE BLVD
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$335,000
Est. payment /mo
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4,052 SqFt
Active

32 S MACDADE BLVD Glenolden, PA 19036

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Vince Capriotti

Vince Capriotti

+1(609) 923-1065

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,052 sqft

Price per Sqft $82

MLS Listing ID PADE2103120

Style Other

Abv Grd Liv Area 4,052

Year Built 1920

Annual Tax Amount $4,453

Tax Year 2024

Lot Dimensions 20.00 x 102.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property 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

State PA

County Delaware

Area Glenolden Boro (10421)

Zoning B1

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Wood

Above Ground Finished SqFt 4052

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District Interboro

Others

Tax ID 21-00-01369-00

Ownership Other

SqFt Source 4052

Acceptable Financing Cash, Private, Other

Listing Terms Cash, Private, Other

Financing Cash,Private,Other

Special Listing Condition Standard

Bright MLS (BMLS)

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Vince Capriotti

Vince Capriotti

REALTOR® | License ID: 1753769

+1(609) 923-1065

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32 S MACDADE BLVD

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