Mixed-Use Building with Retail
13-15 S CHESTER Road Swarthmore, PA 19081
For Sale
$1,650,000
MULTI_FAMILY - Other - SWARTHMORE, PA
Property Size5,580 SF
Lot Size0.18 Acres
Price / SF$295.70
Days on Market89
Property Features for 13-15 S CHESTER Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 6
- Parking features
- Parking Lot, Off Street, Assigned
- Standard status
- Active
- Size
- 5,580 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 32793
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air, Window Unit(s)
Building Details
- Year built
- 1900
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Other
Listing Agency:
KW Greater West Chester
(610) 436-6500
Listed By:
Branka Saula · License #RS298421
(484) 639-3748
Added: Apr 28
Changed: Jul 13
Last Checked: Jul 25 at 12:06AM
MLS# PADE2113816
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use building offers 6 total units, including four residential 1-bedroom, 1-bath apartments and two street-level commercial spaces. The residential units include full kitchens and ample storage. Tenant-paid utilities are separated, with electric and heating (gas) billed to tenants. One commercial space is a larger storefront with additional storage and basement access, and the second is a built-out studio with separate baths.
Private, assigned parking is included. Recent capital improvements include a new underground sewage system installed in 2023, along with kitchen and bath renovations in select residential units.
There is also unfinished third-floor space (approximately 2/3 of the second-floor footprint), which may provide expansion opportunity, subject to township approvals. Detailed income and expense information is available for review.
Private, assigned parking is included. Recent capital improvements include a new underground sewage system installed in 2023, along with kitchen and bath renovations in select residential units.
There is also unfinished third-floor space (approximately 2/3 of the second-floor footprint), which may provide expansion opportunity, subject to township approvals. Detailed income and expense information is available for review.
Key Highlights
- 6‑unit mixed‑use property: 4 residential 1BR/1BA units plus 2 street‑level commercial spaces
- Utilities are separate; tenants pay electric and heating (gas) bills
- Parking lot/off‑street with assigned parking for residents
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.4k | $18.00 |
| − Vacancy | −$13.1k | −$2.34 |
| EGI | $87.4k | $15.66 |
| − OpEx | −$26.2k | −$4.70 |
| NOI | $61.2k | $10.96 |
5,580 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$873.7K
$764.5K – $1.02M
NOI $61,161 @ 7.0% cap · market cap 3.71%
Second Best
Apartment 5plus
$799.1K
$699.2K – $932.3K
NOI $55,937 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,426 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Mixed-use property - Six-unit mixed-use property with four residential units and two street-level commercial spaces; separate utilities and assigned parking.
Where is this mixed-use property located?
The property is located at 13-15 S CHESTER Road Swarthmore, PA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 6‑unit mixed‑use property: 4 residential 1BR/1BA units plus 2 street‑level commercial spaces; Utilities are separate; tenants pay electric and heating (gas) bills; Parking lot/off‑street with assigned parking for residents
