40
See all 40 photos
Listed by Mario Vincent Ciccarelli • Empower Real Estate, LLC
Bought with Cynthia I Chubb • RE/MAX Associates-Wilmington
Bought with Cynthia I Chubb • RE/MAX Associates-Wilmington
$255,000
$280,000 8.9%
Est. payment /mo
3,060 SqFt
Sold on 08/06/2025
100 CHESTER PIKE Darby, PA 19023
GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
UPDATED:
Key Details
Sold Price $255,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,060 sqft
Price per Sqft $83
Subdivision Collingdale
MLS Listing ID PADE2091634
Year Built 1920
Available Date 2025-05-29
Annual Tax Amount $9,456
Tax Year 2024
Property Sub-Type Mixed Use
Property Description
Investor alert! This fully renovated mixed-use duplex is the turnkey asset your portfolio's been waiting for. Featuring a prime commercial storefront on year 4 of a 10-year net lease—with built-in annual rent increases and a committed tenant already expressing interest in the 5-year extension—this property is a cash-flow machine. The current commercial rent is $1,369.40/month and set to rise to $1,431.02 in October, eventually reaching $1,783.31 by the final lease year. Tenant covers electric, water, and trash, and handles all business-related repairs. The residential and commercial units are separately metered making utility bill backs simple.
The residential unit has 4 bedrooms, 1.5 bathrooms, and a spacious living area. Recently vacated and updated, the home boasts granite countertops, LVP flooring, tile bath/shower, and new appliances including a washer and dryer in the full basement. Previously rented at $1,550, it's ready to command $1,650+ in today's market. With both units rented, you're looking at over $3,000/month in income and a 9% cap rate from day one. Gross annual revenue exceeds $36,000, and with updated systems and stable tenants, this is a true turnkey investment in a prime location. Don't miss your chance to secure a high-performing asset in a growing area!
The residential unit has 4 bedrooms, 1.5 bathrooms, and a spacious living area. Recently vacated and updated, the home boasts granite countertops, LVP flooring, tile bath/shower, and new appliances including a washer and dryer in the full basement. Previously rented at $1,550, it's ready to command $1,650+ in today's market. With both units rented, you're looking at over $3,000/month in income and a 9% cap rate from day one. Gross annual revenue exceeds $36,000, and with updated systems and stable tenants, this is a true turnkey investment in a prime location. Don't miss your chance to secure a high-performing asset in a growing area!
Location
State PA
County Delaware
Area Collingdale Boro (10411)
Zoning TAXABLE COMMERCIAL
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Flooring Luxury Vinyl Plank
Exterior
Water Access N
Roof Type Flat
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Southeast Delco
Others
Acceptable Financing Bank Portfolio, Cash, Other
Listing Terms Bank Portfolio, Cash, Other
Special Listing Condition Standard
