Mixed-Use Property with Income
For Sale
$474,900
Pending
4627-33 STATE ROAD, Drexel Hill, PA 19026
Fully occupied mixed-use property featuring storefronts and apartments.
Property SizeContact for details
Lot Size0.08 Acres
Days on Market918
Property Features for 4627-33 STATE ROAD
General Information
Standard status
Pending
Lot size
0.08 Acres
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$17,350
Building Details
Year Built
1958
Listing Agency:
Pappas Realty
Listed By:
Don N Pappas · License #RB045221A
(610) 668-4040
Source:
Exitrealty
Added: Mar 6, 2024
Changed: Sep 5
Last Checked: Sep 9 at 3:15PM
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 Pappas Realty
Investment Insights
Based on property information with market context.
This mixed-use property features three storefronts and four apartments. The property is fully occupied and includes on-site parking. The storefronts generate a total rental income of $3,000 per month, with individual rents of $1,350, $850, and $800. The apartments produce a combined rental income of $2,875 per month, with individual rents of $750, $675, $650, and $800. The owner is responsible for providing heat to one storefront and all four apartments, as well as paying for cold water. Annual expenses include $4,276.49 for PECO (energy), $1,877.40 for Aqua (water), $1,000 for trash removal, and $2,500 for insurance. The property is located in Drexel Hill, PA.
Key Highlights
- Fully occupied property ensures immediate rental income.
- Combination of 3 storefronts and 4 apartments provides diversified income streams.
- Total monthly rental income of $5,875.00.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,094
Businesses Nearby
Explore this area
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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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied mixed-use property featuring storefronts and apartments.
Where is this mixed-use property located?
The property is located at 4627-33 STATE ROAD Drexel Hill, PA.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Fully occupied property ensures immediate rental income.; Combination of 3 storefronts and 4 apartments provides diversified income streams.; Total monthly rental income of $5,875.00.
