Darby, PA 19023,100 CHESTER PIKE
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Darby, PA 19023,100 CHESTER PIKE
Darby, PA 19023,100 CHESTER PIKE
Darby, PA 19023,100 CHESTER PIKE
Darby, PA 19023,100 CHESTER PIKE
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Listed by Mario Vincent Ciccarelli • Empower Real Estate, LLC
$ 280,000
Est. payment /mo
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100 CHESTER PIKE Darby, PA 19023

3,060 SqFt


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 13% 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


Bright MLS (BMLS)
agent

Eric Melo

Broker Associate | License ID: 1644807

+1(862) 242-9649

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100 CHESTER PIKE