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Mixed-Use Property with Apartments
For Sale
$625,000

3617 Garrett Road, Drexel Hill, PA 19026

Renovated income-producing building combines residential units with commercial space.

Property SizeContact for details
Days on Market219

Property Features for 3617 Garrett Road

General Information

Standard status Active
Property subtype Multi-Family / Fee Simple
Zoning C012

Taxes and HOA fees

Annual Taxes $14,407

Amenities

No
No Pool
Above Grade, Below Grade

Building Details

Year Built 1900
Listing Agency: EXP Realty, LLC
Listed By: Nicole O'Reilly · License #RS318217
Source: Compass
Added: Jan 24 Changed: Aug 30 Last Checked: Aug 30 at 1:14PM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

This mixed-use property contains four two-bedroom apartments and one commercial unit. All units have undergone renovation within the past few years, including an apartment updated before occupancy by its long-term tenants. Residents are responsible for utilities other than water and common-area electric. The property is operating at a 7.2 cap rate with rents described as slightly under market. C012 zoning applies to the site.

Located at 3617 Garrett Road in Drexel Hill, the property offers access to public transportation, shopping, and schools. The building was constructed in 1900 and includes both above-grade and below-grade areas.

Key Highlights

  • Four 2‑bedroom apartments plus 1 commercial unit
  • All units renovated within the past few years
  • Operating at a 7.2 cap rate

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Auto Parts Store Skin Care Clinic Electrical Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,133
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated income-producing building combines residential units with commercial space.
Where is this mixed-use property located?
The property is located at 3617 Garrett Road 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: Four 2‑bedroom apartments plus 1 commercial unit; All units renovated within the past few years; Operating at a 7.2 cap rate
More about this property
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