PA > Darby > Collingdale
Darby, PA 19023,100 CHESTER PIKE
Darby, PA 19023,100 CHESTER PIKE
Darby, PA 19023,100 CHESTER PIKE
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Joseph Asterino

Joseph Asterino

Springer Realty Group®

+1(484) 955-6711
Listed by Mario Vincent Ciccarelli • Empower Real Estate, LLC
$280,000
Est. payment /mo
3,060 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,060 sqft

Price per Sqft $91

Subdivision Collingdale

MLS Listing ID PADE2091634

Year Built 1920

Available Date 2025-05-29

Annual Tax Amount $9,456

Tax Year 2024

Lot Dimensions 13.00 x 80.00

Property Sub-Type Mixed Use

Source BRIGHT

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!

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

Heat Source Electric

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Southeast Delco

Others

Tax ID 11-00-00525-00

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Bank Portfolio, Cash, Other

Listing Terms Bank Portfolio, Cash, Other

Financing Bank Portfolio,Cash,Other

Special Listing Condition Standard

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Bright MLS (BMLS)

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agent

Joseph Asterino

+1(484) 955-6711

Broker Associate | License ID: AB066344

Broker Associate License ID: AB066344

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