417-419 Main St, Darby, PA 19023

$719,000

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List Price: $719,000
Days on Market: 1
Status: ACTIVE
MLS#: PADE2122576
Lot Size (Acres): 0.07
Year Built: 1917
County: Delaware
School District: William Penn

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Property Description

Fully occupied eight-unit mixed-use investment on Darby's Main Street commercial corridor, offered as two separate tax parcels (417 and 419) totaling approximately 5,557 rentable SF. The property consists of seven residential apartments over one ground-floor retail storefront. Unit mix is five 2BR/1BA, two 1BR/1BA, and the storefront, producing $9,250 per month / $111,000 annually in gross scheduled income at 100% occupancy. Apartments show well with updated kitchens and baths, tile surrounds, and vinyl plank flooring. Location is a block from the Darby Transportation Center with SEPTA trolley and bus service into University City and Center City, with Cobbs Creek Parkway, I-95, and Philadelphia International Airport all a short drive. Rent roll, expense detail, and full offering memorandum available on request. Do not disturb tenants; showings by appointment with 48 hours notice.

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Additional Information

Area: Darby Boro (10414)
Subdivision: None Available
Taxes: $3044
School District: William Penn
Heating: Baseboard - Electric
Heating Fuel: Natural Gas, Electric
Cooling: Central A/C
Roof: Flat
Utilities: Water Available, Sewer Available, Natural Gas Available, Electric Available
Water: Public
Sewer: Public Sewer