Leased Mixed-Use
For Sale
Contact for pricing
2419 3rd Ave, Boothwyn, PA 19061
Two-story configuration combines residential apartments above occupied commercial space.
Property SizeContact for details
Days on Market143
Property Features for 2419 3rd Ave
General Information
Standard status
Active
Property subtype
Mixed Use, Multifamily, Retail
Occupancy
100%
Net Operating Income
$76,449
Financials
Asking Price
$1,000,000
Cap Rate
7.6%
Gross Income
$110,100
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
6 x 1BR/1BA
Multifamily Units
6
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
Capital Commercial Real Estate
(610) 329-0523
Listed By:
Abigail "Abby" Manero · License #PA AB069254
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 1:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capital Commercial Real Estate
Investment Insights
Based on property information with market context.
This two-story mixed-use property combines residential and commercial occupancy in a single building. The second floor contains six fully leased one-bedroom, one-bath apartments, while the first floor is occupied by four fully leased commercial tenants. Apartment HVAC units have been updated, and the residential leases include tenant reimbursement for water usage. Commercial water costs are being addressed through prorated billing arrangements with the existing tenants.
The property is located near I-95 and the Pennsylvania–Delaware state border. With both floors fully leased, the building offers an established blend of apartment and commercial tenancy. The property reports a 7.6% cap rate, providing an additional operating metric for evaluation.
The property is located near I-95 and the Pennsylvania–Delaware state border. With both floors fully leased, the building offers an established blend of apartment and commercial tenancy. The property reports a 7.6% cap rate, providing an additional operating metric for evaluation.
Key Highlights
- Six fully leased 1 bed/1 bath apartments on the second floor
- Four fully leased commercial tenants occupy the first floor
- Both floors are fully leased
Property Analytics
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
Explore this area
Business Placement
Demographics for 19061, PA
20,207
Population
8,381
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
92%
High-School Grad
7.0 sq mi
ZIP Area
2,887
Density / Sq Mi
$77,249
Median Household Income
$46,055
Median Earnings
$1,215
Median Rent
$229,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story configuration combines residential apartments above occupied commercial space.
Where is this mixed-use property located?
The property is located at 2419 3rd Ave Boothwyn, PA.
What are key features of this property?
This property features: Six fully leased 1 bed/1 bath apartments on the second floor; Four fully leased commercial tenants occupy the first floor; Both floors are fully leased
