221 Chester Pike Glenolden, PA 19036
- Multifamily properties
- 17,000 SF
Current Use by Public Records
- Multifamily properties
Property Details for 221 Chester Pike
- Year built
- 1970
- Property size
- 17,000 SF
- Property type
- Multifamily properties
Description
This exceptional investment opportunity presents an 18-unit multi-family property located at 221 S Chester Pike in Glenolden, Pennsylvania. The property boasts a total of 17,000 square feet and comprises a mix of apartment sizes: ten two-bedroom units and eight one-bedroom units. A significant portion of the units have undergone recent renovations and upgrades. The property benefits from a recently installed, completely new electrical system, ensuring efficient and reliable power distribution. Further enhancing operational efficiency are brand new water meters for each unit, providing accurate and individual water usage tracking. All eighteen units feature newly installed toilets, contributing to the overall updated condition of the property. The property is currently fully leased, generating immediate and consistent rental income. A comprehensive tour of the property is scheduled for December 11th at 12:00 PM, providing a firsthand look at this lucrative investment opportunity. This is a rare chance to acquire a well-maintained, income-producing multi-family property in a desirable location. The property's strong occupancy rate and recent upgrades make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture. Don't miss this chance to add a high-performing asset to your portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Glenolden
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.29103
- Latitude
- 39.89786
