Three-Unit Multifamily
New
For Sale
$295,000
528 MACDADE BOULEVARD, Collingdale, PA 19023
A fully occupied rental property combines three apartments with distinct bedroom layouts.
Property Size2,148 SF
Price / SF$137.34
Days on Market4
Property Features for 528 MACDADE BOULEVARD
General Information
Standard status
Active
Size
2,148 SF
Property subtype
Triplex
Occupancy
100%
Units
Unit Mix
1 x studio, 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
3
Additional Details
Gross Income
$37,188
Public Transit
Yes
Tenant in Place
Yes
Building Details
Year Built
1910
Buildings
1
Listing Agency:
Premier Property Management & Realty LLC
(610) 924-7284
Listed By:
Robert Stranix · License #rs354292
(610) 331-2027
Source:
Cummingsrealtors
Added: Nov 1
Changed: Nov 3
Last Checked: Nov 3 at 2:35PM
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 Premier Property Management & Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,148-square-foot triplex contains three apartments: a studio, a one-bedroom unit with one bathroom, and a two-bedroom unit with one bathroom. Built in 1910, the property is configured as a small multifamily rental building.
The building is on MacDade Boulevard in Collingdale, Pennsylvania. Local shopping, restaurants, public transportation, major roadways, and surrounding communities are cited as nearby context.
The building is on MacDade Boulevard in Collingdale, Pennsylvania. Local shopping, restaurants, public transportation, major roadways, and surrounding communities are cited as nearby context.
Key Highlights
- Three apartments: studio, one‑bedroom/one‑bathroom, and two‑bedroom/one‑bathroom
- 2,148 square feet
- Built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,544
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,880
$470.9K
Cap Rate 7%
$336,343
$336.3K
Cap Rate 9%
$261,600
$261.6K
Market Conditions
NOI Build-Up for 2,148 SF
Gross rent
$38.7K $18.00/SF
− Vacancy
−$5.0K −$2.34/SF
EGI
$33.6K $15.66/SF
− OpEx
−$10.1K −$4.70/SF
NOI
$23.5K $10.96/SF
Area
Delaware County, PA
Vacancy
13.01%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,880
Cap Rate 7%
$336,343
Cap Rate 9%
$261,600
Alternative Uses
Best Use
Multifamily LT 5
$336.3K
$294.3K – $392.4K
NOI $23,544 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$307.6K
$269.2K – $358.9K
NOI $21,533 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$651.3K
$569.9K – $759.8K
NOI $45,588 @ 7.0% cap · market cap 15.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,167
Businesses Nearby
Explore this area
Business Placement
Demographics for 19023, PA
22,180
Population
9,089
Households
2.4
Avg Household Size
34
Median Age
17%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
11,090
Density / Sq Mi
$48,962
Median Household Income
$37,110
Median Earnings
$1,240
Median Rent
$117,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - A fully occupied rental property combines three apartments with distinct bedroom layouts.
Where is this triplex located?
The property is located at 528 MACDADE BOULEVARD Collingdale, PA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Three apartments: studio, one‑bedroom/one‑bathroom, and two‑bedroom/one‑bathroom; 2,148 square feet; Built in 1910
