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7000 Clinton Road

UPPER DARBY, PA 19082
  • $2,750,000
  • STATUS: Active
  • ON SITE: 151 Days
  • ID#: PADE2033256
$2,750,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:

School Ratings & Info

School District:

Description

Rental Upside: Opportunity to increase in-place rents. New ownership will be able to increase the performance of the portfolio by making renovations while maintaining positive cash flow.Strong Occupancy: Rents in Delaware County have increased by an impressive 7.5% over the past year, which significantly exceeds the average annual growth of 3.7% over the past decade.Investment Highlights: Incredible opportunity to acquire 22-units scattered across the highly sought-after Delaware County submarket. This 22,822 SF portfolio is comprised of (12) two-bedrooms units, (9) three-bedroom units, and (1) one-bedroom unit. The average square footage of the units is approximately 1,037 square feet. The average monthly rents currently being achieved for the two-bedroom units is $934 and $1,171 for the three-bedroom units. These properties offer the ability to achieve immediate cash flow, while also being able to increase rents. Many of the properties feature porches, and front and back yards.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-01-29T23:49:21.79.
www.tomtoole.com/homes/132647065
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7000 Clinton Road UPPER DARBY, PA 19082

  • Price: $2,750,000
  • Status: Active
  • On Site: 151 Days
  • ID#: PADE2033256
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1930
Built
Neighborhood:
Upper Darby Twp (10416)
County:
Delaware
Area:
Upper Darby Twp (10416)
School District:
Upper Darby
Property Description
Rental Upside: Opportunity to increase in-place rents. New ownership will be able to increase the performance of the portfolio by making renovations while maintaining positive cash flow.Strong Occupancy: Rents in Delaware County have increased by an impressive 7.5% over the past year, which significantly exceeds the average annual growth of 3.7% over the past decade.Investment Highlights: Incredible opportunity to acquire 22-units scattered across the highly sought-after Delaware County submarket. This 22,822 SF portfolio is comprised of (12) two-bedrooms units, (9) three-bedroom units, and (1) one-bedroom unit. The average square footage of the units is approximately 1,037 square feet. The average monthly rents currently being achieved for the two-bedroom units is $934 and $1,171 for the three-bedroom units. These properties offer the ability to achieve immediate cash flow, while also being able to increase rents. Many of the properties feature porches, and front and back yards.
Exterior Features

Construction Materials Brick Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 22822.00 Cooling Central A/C Heating Hot Water Heating YN Yes Net Square Feet 22822.00

Property Features

Accessibility Features 2+ Access Exits Assessment Year 2022 Business Type Other Central Air YN Yes Cooling Fuel Electric Ground Rent Payment Frequency Annually Heating Fuel Natural Gas Hot Water Natural Gas Municipality Upper Darby Twp Navigable Water YN N New Construction YN No Number Of Units Total 22 Original MLSNumber 801850848714 Ownership Interest Fee Simple Possession Immediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 2584.00 Tax Assessment Amount 63400.00 Tax Lot 298-000 Vacation Rental YN No Water Source Public Zoning R-1 Zoning Description Residential

Listing courtesy of Stockton Real Estate Advisors, Llc.: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-01-29T23:49:21.79.
 
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