$210,000
$199,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
1010 MACDADE BLVD Collingdale, PA 19023
2,100 SqFt
Key Details
Sold Price $210,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $100
MLS Listing ID PADE2018914
Sold Date 04/07/22
Style Traditional
Abv Grd Liv Area 2,100
Originating Board BRIGHT
Year Built 1933
Annual Tax Amount $6,620
Tax Year 2021
Lot Size 2,500 Sqft
Acres 0.06
Lot Dimensions 21.90 x 125.00
Property Description
Unique opportunity to purchase a corner commercial mixed use property in the heart of Collingdale! Surrounded by many local businesses and eateries, 1010 MacDade Blvd offers endless potential. The first floor is currently being utilized as a barbershop and has great foot traffic. Additional highlights include a half bathroom and break room area. The commercial space is currently rented for $1000/mo in year 3 of a 15 year lease - rent will increase incrementally. Sitting above the first floor with 2 entrances is a 2.5 story, 4BR, 1BA rental unit including laundry. It also has access to a small backyard. This unit recently experienced a fire (May 2021) and has been updated. It is now rented for $1600/mo. Lease ends Feb 2023. This property has a cap rate of 8%. What more could you ask for?? Easy access to public transportation and Center City. This is not a drive by - schedule your showing today!
Location
State PA
County Delaware
Area Collingdale Boro (10411)
Zoning COM
Interior
Hot Water Electric
Heating Radiator
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade
New Construction N
Schools
School District Southeast Delco
Others
Tax ID 11-00-01776-00
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Anthony A Lee • Realty ONE Group Legacy
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