7000 CLINTON ROAD

UPPER DARBY, PA, 19082

$2,750,000

$120 per ft²
$2,750,000
$120 per ft²
Active
Active
 - For Sale
carpenters-square
22,822 ft²
property_type
Commercial
calendar
Built 1930
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.
MLS® ID:
PADE2033256
Updated:
12/4/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central A/C
Heating
Hot Water

Exterior/Building Features

Lot Size
1,307 ft² lot
Sewer
Public Sewer

School Information

School District
UPPER DARBY

Other Property Details

Area Name
Upper Darby Twp (10416)
Taxes
$2584.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
DELAWARE
Water Source
Public
Pool
No
Zoning
R-1

Courtesy of Stockton Real Estate Advisors, LLC., John Hoy

Listing Contact:  

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Data last updated 5:56 AM UTC, 12/4/22

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