47 Macdade Blvd Darby, PA 19023
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 47 Macdade Blvd
- Property type
- Residential income homes
- Property subtype
- Apartment buildings
Description
This exceptional investment opportunity presents a five-building multifamily portfolio located in Darby, Pennsylvania, at 47 MacDade Blvd and surrounding addresses. The package includes a renovated duplex (47 MacDade Blvd) and four single-family homes, offering a total of six rental units across 1,539 net rentable square feet. Currently boasting 100% occupancy, this stabilized portfolio generates a strong annual net operating income (NOI) of $18,000, representing a compelling 6.55% capitalization rate. The duplex, with its 2022 renovations, commands a monthly rent of $2000. The single-family homes, located on Crosskey Street and Mountain Street, generate monthly rents ranging from $1350 to $1850. The asking price for this entire package is $275,000, with a price per unit of $137,500. The property is zoned R-20 Two Family, offering flexibility and potential for future development. This turnkey investment is ideal for those seeking immediate cash flow and a strong return on investment. The properties are held in fee simple ownership. This is a rare opportunity to acquire a well-maintained, cash-flowing portfolio in a desirable location. Don't miss out on this exceptional investment opportunity.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Darby
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.2683
- Latitude
- 39.9201
