Price Reduction
Listed By:
Pappas Realty
Address
2314-16 Garrett Road, Drexel Hill, PA
Price
$ 699,900
Property Attributes
  • MLS#PADE2063412
  • TypeCommercial
  • CountyDELAWARE
  • CityDrexel Hill
  • AreaUpper Darby Twp
  • Zip19026
  • Style
  • Year Built1925
  • Taxes$ 26474
  • Price$ 699,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3000
Data Source:
Bright MLS
Property Description

Rarely offered 10 unit mixed used investment property. The 1st floor consists of two commercial store fronts (1-occupied by Dora's bakery and the other is vacant), The 2nd and 3rd floors have 8-1 bedroom apartments, each apartment has a living room, a kitchen, 1 bedroom and 1 bathroom having electric self contained baseboard heat, The rents can be increased considerably with giving some attention to this building as the kitchenette's and the bathrooms are older The below market current rents are as follows: UNIT RENT EXPIRATION 2314 Store $1305 12/31/24 2314 3FR $675 7/31/24 2314 2FR $725 4/30/25 2314 2FF $650 4/30/25 2314 3FF $635 4/30/25 2316 Store Vacant 2316 2FF $795 4/30/25 2316 2FR Vacant 2316 3FF $675 7/31/24 2316 3FR $675 7/31/24 2314 and 2316 Garrett Rd have separate parcel numbers but must be sold together. The annual Real Estate taxes are $26,474.00 and the annual insurance premium is $5,916.00, PECO is $250/mo., Water is $350/mo, the annual Rental Licence fee is $410.00.

Price History
3/14/2024 Listed $779,900
4/1/2024 4% - $749,900
4/15/2024 5% - $719,900
4/30/2024 3% - $699,900

General Features

Sewer Public Sewer
Heating Baseboard - Electric
Cooling None
Possession Subject to Existing Lease
Zoning RESIDENTIAL
Construction Materials Brick
Year Built 1925
Property SubType Five Or More Units
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Natural Gas
OwnerPays Taxes - Real Estate,Water,Insurance
Business Type Other
Accessibility None
County DELAWARE
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions Lansdowne Avenue to Garrett Rd. to #2314-16
ModificationTimestamp 2024-04-30T14:30:25
City DREXEL HILL
Buyer Agent Compensation 2.5
Total Units 10
MLS Area Upper Darby Twp (10416)
Lot Size Square Feet 0.00
Tax Assessed Value 0.0
Waterfront Y/N No
Street Name GARRETT
Tax Annual Amount 26474.0
Price Per Sq Ft 116.65
Vacation Rental Y/N No
Days on Market 49
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Natural Gas
Total Stories 3
Heating Y/N Yes
Street Suffix ROAD
Central Air Y/N No

Exterior Features

Water Source Public
Inclusions all refrigerators
Type of Parking None
Water View Y/N No
Building Area Total 6000.00
Lot Dimensions 19.60 x 102.00
Lot Size Acres 0.00
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19026

Price
AVG $230K
$700K
Taxes
AVG $23,929
$26,474
Visits
AVG 144
112
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1925

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