507 Delaware Avenue, Portland, PA 18351

This turnkey mixed-use property totals five units, combining three one-bedroom apartments on the second floor with a two-bedroom unit on the first floor, plus a commercial storefront currently occupied by a chocolate shop. The building is described as beautifully maintained and includes multiple recent upgrades intended to support day-to-day operations and tenant readiness.

The property is set on Delaware Avenue in Historic Portland and is reported to offer views of the Delaware River and the walking bridge from the second floor. Public remarks also note that all units are currently rented with long-term, well-established tenants. Additional capital improvements cited include new electrical panel boxes for the three second-floor units, new flooring in the hall, upgraded lighting in the second-floor hallway, installed emergency lighting and illuminated exit signs, and replacement work including converted basement sewer pipes to PVC and installed handrails and guard rails on front and rear/basement steps.

From a tenant and operator standpoint, the mix of apartment layouts and an active street-level retail space can support a diversified income stream within one building. The property is also described as approved for a facade improvement grant that may be transferable to a new owner.