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Investor alert! This fully renovated mixed-use duplex is the turnkey asset your portfolio's been waiting for. Featuring a prime commercial storefront on year 4 of a 10-year net lease"”with built-in annual rent increases and a committed tenant already expressing interest in the 5-year extension"”this property is a cash-flow machine. The current commercial rent is $1,369.40/month and set to rise to $1,431.02 in October, eventually reaching $1,783.31 by the final lease year. Tenant covers electric, water, and trash, and handles all business-related repairs. The residential and commercial units are separately metered making utility bill backs simple. The residential unit has 4 bedrooms, 1.5 bathrooms, and a spacious living area. Recently vacated and updated, the home boasts granite countertops, LVP flooring, tile bath/shower, and new appliances including a washer and dryer in the full basement. Previously rented at $1,550, it's ready to command $1,650+ in today's market. With both units rented, you're looking at over $3,000/month in income and a 13% cap rate from day one. Gross annual revenue exceeds $36,000, and with updated systems and stable tenants, this is a true turnkey investment in a prime location. Don't miss your chance to secure a high-performing asset in a growing area!
| DAYS ON MARKET | 2 | LAST UPDATED | 5/30/2025 |
|---|---|---|---|
| TRACT | COLLINGDALE | YEAR BUILT | 1920 |
| COMMUNITY | Collingdale Boro (10411) | COUNTY | DELAWARE |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | SOUTHEAST DELCO |
|---|
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Collingdale Boro (10411) |
| CONSTRUCTION | Other |
| HEAT | Baseboard, Electric |
| LOT DIMENSIONS | 13.00 x 80.00 |
| PARKING | None |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | COLLINGDALE |
| TAXES | 9456 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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