Residential Income
For Sale
$312,500
3335 MARY STREET, Drexel Hill, PA 19026
1960-built property with natural gas forced-air heat, a full bathroom, and off-street parking.
Property Size1,840 SF
Price / SF$169.84
Days on Market89
Property Features for 3335 MARY STREET
General Information
Standard status
Active
Size
1,840 SF
Property subtype
Residential Income
Zoning
R-20
Taxes and HOA fees
Annual Taxes
$7,129
Amenities
Natural Gas, Forced Air
Full
Gas Water Heater
Off Street, Other
AirLite
Building Details
Building Size
1,840 SF
Year Built
1960
Listed By:
Doug Carlson
(302) 290-9522
Source:
Evrealestate
Added: Jul 27
Changed: Oct 21
Last Checked: Oct 23 at 7:20AM
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 Doug Carlson
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Investment Insights
Based on property information with market context.
This residential income property offers 1,840 square feet of space and was built in 1960. The interior includes a full bathroom, natural gas service, forced-air heating, and a gas water heater. Exterior features include off-street parking and AirLite siding or construction.
The property is located at 3335 Mary Street in Drexel Hill, Delaware County, Pennsylvania, with R-20 zoning. Its residential classification and existing utility systems provide the core physical profile for evaluation as an income property.
The property is located at 3335 Mary Street in Drexel Hill, Delaware County, Pennsylvania, with R-20 zoning. Its residential classification and existing utility systems provide the core physical profile for evaluation as an income property.
Key Highlights
- 1,840‑square‑foot residential income property
- Built in 1960
- R‑20 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,445
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,900
$368.9K
Cap Rate 7%
$263,500
$263.5K
Cap Rate 9%
$204,944
$204.9K
Market Conditions
NOI Build-Up for 1,840 SF
Gross rent
$38.9K $21.12/SF
− Vacancy
−$5.3K −$2.89/SF
EGI
$33.5K $18.23/SF
− OpEx
−$15.1K −$8.20/SF
NOI
$18.4K $10.02/SF
Area
Delaware County, PA
Vacancy
13.70%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,900
Cap Rate 7%
$263,500
Cap Rate 9%
$204,944
Alternative Uses
Best Use
Apartment 5plus
$263.5K
$230.6K – $307.4K
NOI $18,445 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$557.9K
$488.1K – $650.9K
NOI $39,051 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
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Business Placement
Demographics for 19026, PA
32,021
Population
13,643
Households
2.3
Avg Household Size
39
Median Age
46%
College-Educated
94%
High-School Grad
3.6 sq mi
ZIP Area
8,895
Density / Sq Mi
$89,079
Median Household Income
$50,930
Median Earnings
$1,316
Median Rent
$243,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - 1960-built property with natural gas forced-air heat, a full bathroom, and off-street parking.
Where is this residential income property located?
The property is located at 3335 MARY STREET Drexel Hill, PA.
What is the asking price?
The asking price for this property is $312,500.
What are key features of this property?
This property features: 1,840‑square‑foot residential income property; Built in 1960; R‑20 zoning
