Glenolden, PA 19036,32 S MACDADE BLVD
Glenolden, PA 19036,32 S MACDADE BLVD
Glenolden, PA 19036,32 S MACDADE BLVD
Glenolden, PA 19036,32 S MACDADE BLVD
Glenolden, PA 19036,32 S MACDADE BLVD
Glenolden, PA 19036,32 S MACDADE BLVD
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Listed by Lauren Quinn • Prime Realty Partners
$ 335,000
Est. payment | /mo

Save
$ 335,000
Est. payment | /mo
Save

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

Property Description

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.

Location

State PA

County Delaware

Area Glenolden Boro (10421)

Zoning B1

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction 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

Bright MLS (BMLS)
Kelly & Carl Robinson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(973) 500-3253

info@carellyrealty.com

549 Millburn Ave, Short Hills, NJ, 07078-3330, USA

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32 S MACDADE BLVD