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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 10/28/2025 |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | Glenolden Boro (10421) |
| COUNTY | DELAWARE | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | INTERBORO |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Gas Water Heater |
| AREA | Glenolden Boro (10421) |
| CONSTRUCTION | Frame |
| HEAT | Natural Gas, Radiant |
| LOT DIMENSIONS | 20.00 x 102.00 |
| PARKING | None |
| SEWER | Public Sewer |
| TAXES | 4453 |
| WATER | Public |
| ZONING | Neighborhood-scale retail/service + apartments above |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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