18-22 Macdade Blvd Glenolden, PA 19036
- Mixed-use properties
- 6,601 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 18-22 Macdade Blvd
- Property size
- 6,601 SF
- Property type
- Mixed-use properties
- Property subtype
- Apartment buildings
Description
This exceptional mixed-use property in Glenolden, Pennsylvania, presents a lucrative investment opportunity. Located at 18-22 S MacDade Blvd, 19036, this 6,601 square foot building boasts eight units currently operating at 100% occupancy, generating a monthly rental income of $6,425. The property comprises five residential units – four two-bedroom apartments and one efficiency – along with two storefronts and a warehouse space. Its prime location on MacDade Boulevard ensures excellent visibility and convenient access to major transportation arteries, including I-95 and I-495. The building benefits from a strong rental history and is professionally managed, minimizing operational concerns for the investor. This is a rare opportunity to acquire a well-maintained, high-performing mixed-use asset in a desirable location with significant upside potential. The property is offered at an asking price of $700,000 with a gross lease type. The building's multi-tenant structure provides diversification and stability, making it an attractive investment for both seasoned and emerging real estate investors. This is a turn-key operation ready for immediate income generation.
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
- -75.2928
- Latitude
- 39.9047
