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Upper Chichester,PA 19061
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PADE2104240
Year Built 1920
Annual Tax Amount $9,860
Tax Year 2025
Lot Dimensions 282.00 x 400.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Discover a rare investment opportunity with this fully occupied 6-unit, all–1-bedroom apartment building, situated on a beautifully wooded 2.6± acre parcel. Tucked away in a quiet, park-like setting, the property offers residents the best of both worlds—peaceful natural surroundings with unbeatable convenience. Major shopping centers, restaurants, and essential commuter routes such as I-95, Route 202, as well as nearby New Jersey and Delaware corridors. Philadelphia International Airport, and Center City are all just minutes away. This ideal combination of tranquility and accessibility keeps demand high and vacancies low.
The building has been diligently maintained by long-term ownership, with thoughtful updates completed in four units as they turned over. Two long-standing tenants—each in place for more than 20 years—currently occupy well-kept units at below-market rents, providing an immediate value-add opportunity for investors. With the property already generating a solid Net Operating Income of $41,972—even with rents—the new owner can benefit from both stable in-place cash flow and clear upside as units are modernized and rents are brought to market levels.
Additional features include ample on-site parking, expansive outdoor space for tenant enjoyment, and strong historical occupancy. Whether you're looking to expand your portfolio or secure a reliable, income-producing asset with long-term growth potential, this property stands out as a high-quality, low-maintenance investment in a consistently desirable location.
Location
State PA
County Delaware
Area Upper Chichester Twp (10409)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 12.0
Water Access N
Roof Type Asphalt
Accessibility None
Total Parking Spaces 12
Garage N
Building
Lot Description Adjoins - Public Land,Backs to Trees,Subdivision Possible
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Chichester Senior
School District Chichester
Others
Tax ID 09-00-02287-00
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard