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221 Chester Pike Glenolden, PA 19036

For Sale
$2,400,000

18-Unit Multi-Family, Fully Leased

Property size:
17,000 SF

Description

Added:
Feb 3, 2025
Days on Market:
308
This exceptional investment opportunity presents an 18-unit multi-family property located at 221 S Chester Pike in Glenolden, Pennsylvania. The property boasts a total of 17,000 square feet and comprises a mix of apartment sizes: ten two-bedroom units and eight one-bedroom units. A significant portion of the units have undergone recent renovations and upgrades. The property benefits from a recently installed, completely new electrical system, ensuring efficient and reliable power distribution. Further enhancing operational efficiency are brand new water meters for each unit, providing accurate and individual water usage tracking. All eighteen units feature newly installed toilets, contributing to the overall updated condition of the property. The property is currently fully leased, generating immediate and consistent rental income. A comprehensive tour of the property is scheduled for December 11th at 12:00 PM, providing a firsthand look at this lucrative investment opportunity. This is a rare chance to acquire a well-maintained, income-producing multi-family property in a desirable location. The property's strong occupancy rate and recent upgrades make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture. Don't miss this chance to add a high-performing asset to your portfolio.

Property Features for 221 Chester Pike

General Information

Property type
Residential income properties
Square Feet
17,000 SF

Building Details

Year Built
1970

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Glenolden
County
Delaware
State
Pennsylvania
Longitude
-75.29103
Latitude
39.89786

FAQs

What type of property is this?
Residential income property - 18-Unit Multi-Family, Fully Leased
Where is this residential income property located?
The property is located at 221 Chester Pike Glenolden, PA.
What is the asking price?
The asking price for this property is $2,400,000.
More about this property
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