Mixed-Use Residential and
3617 Garrett Rd Drexel Hill, PA 19026
For Sale
Contact for pricing
Property includes four residential units plus one commercial space and a garage, positioned for high visibility near public transportation.
Property Size4,560 SF
Price / SF$137.06
Days on Market135
Property Features for 3617 Garrett Rd
General Information
- Standard status
- Active
- Size
- 4,560 SF
- Property subtype
- Multifamily, Mixed Use
Listing Agency:
BHHS Fox & Roach-West Chester
Listed By:
Nicole OReilly · License #PA
Source:
Crexi
Added: Mar 11
Changed: Jul 23
Last Checked: Jul 23 at 10:22AM
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 BHHS Fox & Roach-West Chester
Investment Insights
Based on property information with market context.
This mixed-use property features four residential units, along with one commercial space and one garage. The configuration is well-suited for buyers looking for combined residential and income-generating commercial components in a single asset.
Public remarks note the property’s high visibility and its proximity to public transportation, supporting convenient access for occupants and customers.
As listed, the offering is for sale and includes the residential and commercial units described above, with the garage included as part of the overall property.
Public remarks note the property’s high visibility and its proximity to public transportation, supporting convenient access for occupants and customers.
As listed, the offering is for sale and includes the residential and commercial units described above, with the garage included as part of the overall property.
Key Highlights
- Multi‑unit property with 4 residential units, 1 commercial space, and 1 garage
- Positioned for high visibility near public transportation
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 | $82.1k | $18.00 |
| − Vacancy | −$10.7k | −$2.34 |
| EGI | $71.4k | $15.66 |
| − OpEx | −$21.4k | −$4.70 |
| NOI | $50.0k | $10.96 |
4,560 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$714.0K
$624.8K – $833.0K
NOI $49,981 @ 7.0% cap · market cap 8.00%
Second Best
Apartment 5plus
$653.0K
$571.4K – $761.9K
NOI $45,712 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,778 @ 7.0% cap · market cap 15.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Property includes four residential units plus one commercial space and a garage, positioned for high visibility near public transportation.
Where is this quadplex located?
The property is located at 3617 Garrett Rd Drexel Hill, PA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Multi‑unit property with 4 residential units, 1 commercial space, and 1 garage; Positioned for high visibility near public transportation
