Mixed-Use Building with Office
DREXEL HILL, PA 19026 Drexel Hill, PA 19026
Drexel Hill, PA, 19026
$875,000
For Sale
$875,000
MULTI_FAMILY - DREXEL HILL, PA
Property Size5,400 SF
Price / SF$162.04
Days on Market9
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
Building Details
- Year built
- 1936
Listing Agency
Media
(610) 892-8300
1109 W Baltimore Pike, Suite E, PA
Listed by
Mike Mulholland
Added: Jul 13 Updated: Jul 20 at 4:41 pm Checked: Jul 21 at 5:06 am
MLS# PADE2118150
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property at 678 Ferne Blvd includes a three-story residential dwelling with a covered front entry and center hall foyer, along with a separate attached professional office addition. The home features an enclosed side porch, a renovated eat-in kitchen, main floor powder room, multiple bedrooms across the second and third floors, and a full professionally waterproofed basement.
The attached office portion provides 10 total offices, 2.5 bathrooms, a conference room, a break room, a reception area, and parking for 10+ cars. Reported upgrades include a slate roof with copper gutters and basement waterproofing with French drain work completed in 2005, along with kitchen renovations in 2025 and updated bathroom surrounds in 2026. The property is described as being within walking distance to public transportation and a short ride to major area routes including I-476, I-95, and Route 1, Route 3, and related destinations.
The attached office portion provides 10 total offices, 2.5 bathrooms, a conference room, a break room, a reception area, and parking for 10+ cars. Reported upgrades include a slate roof with copper gutters and basement waterproofing with French drain work completed in 2005, along with kitchen renovations in 2025 and updated bathroom surrounds in 2026. The property is described as being within walking distance to public transportation and a short ride to major area routes including I-476, I-95, and Route 1, Route 3, and related destinations.
Key Highlights
- Mixed‑use property at the corner of Burmont Rd. & Ferne Blvd in Drexel Hill, PA, built in 1936
- Three‑story main residence with 3,700 SF, including renovated eat‑in kitchen and formal dining room
- Attached professional office addition with 1,700 SF and 10 total offices, reception area, conference room, and break room
Local Financial Insights For Apartment 5plus
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 | $114.0k | $21.12 |
| − Vacancy | −$15.6k | −$2.89 |
| EGI | $98.4k | $18.23 |
| − OpEx | −$44.3k | −$8.20 |
| NOI | $54.1k | $10.02 |
5,400 SF · lease $21.12/SF/yr · vacancy 13.70% · expense 45.00%
Alternative Uses
Best Use
Office B
$1.26M
$1.11M – $1.48M
NOI $88,530 @ 7.0% cap · market cap 10.12%
Second Best
Apartment 5plus
$773.3K
$676.7K – $902.2K
NOI $54,133 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,606 @ 7.0% cap · market cap 13.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Three-story residence with an attached professional office addition, offering 10 offices and parking for 10+ vehicles.
Where is this mixed-use property located?
The property is located at Drexel Hill, PA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Mixed‑use property at the corner of Burmont Rd. & Ferne Blvd in Drexel Hill, PA, built in 1936; Three‑story main residence with 3,700 SF, including renovated eat‑in kitchen and formal dining room; Attached professional office addition with 1,700 SF and 10 total offices, reception area, conference room, and break room
