Commercial $ 335,000

32 S MACDADE BLVD

Glenolden, PA 19036

  • 1920 Year Built
Excellent investment opportunity in the heart of Glenolden Borough! This mixed-use, four-unit property features a glass shop storefront on the main level plus three residential apartments above — one studio and two one-bedroom units. Fully occupied potential income of $4,000/month ($48,000/year) with the vacant one-bedroom ready to rent. Owner pays cold water and gas heat for the building; tenants cover electric and other utilities. Annual expenses include approximately $4,500 taxes, $4,500 insurance, and $8,000 utilities, yielding a Net Operating Income (NOI) of about $31,000.

At the $335,000 list price, this property delivers a strong 9.25% cap rate with room for upside through rent increases or individual utility separation. Prime visibility along MacDade Blvd, near public transportation, shopping, and major commuter routes. A perfect opportunity for investors seeking stable cash flow in a growing area.
Listed by Lauren Quinn of Prime Realty Partners

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Mixed Use

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID PADE2102912

    Year Built 1920

    Available Date 2025-11-01

    Annual Tax Amount $4,453

    Tax Year 2024

    Lot Dimensions 20.00 x 102.00

    Property Sub-Type Mixed Use

    Source BRIGHT

  • Location

    State PA

    County Delaware

    Area Glenolden Boro (10421)

    Zoning B1

  • Building

    Sewer Public Sewer

    Water Public

    New Construction N

  • Interior

    Hot Water Natural Gas

    Heating Radiator

    Cooling None

    Heat Source Natural Gas

  • Exterior

    Water Access N

    Accessibility None

    Garage N

  • Schools

    School District Interboro

  • Others

    Tax ID 21-00-01369-00

    Ownership Fee Simple

    Acceptable Financing Cash, Private, Other

    Listing Terms Cash, Private, Other

    Financing Cash,Private,Other

    Special Listing Condition Standard

SIMILAR HOMES FOR SALE

Check for similar Commercials at price around $335,000 in Glenolden,PA

CONTACT

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message