7000 Clinton Road, Upper Darby, Pennsylvania 19082


Listing IDPADE2033256
Price$2,750,000
StatusACTIVE
SqFt 22,822
Acres 0.030
CountyDelaware
Year Built1930
Property TypeCommercial Sale
Property Sub TypeFive Or More Units
Rental Upside: Opportunity to increase in-place rents. New ownership will be able to increase the performance of the portfolio by making renovations while maintaining positive cash flow. Strong Occupancy: Rents in Delaware County have increased by an impressive 7.5% over the past year, which significantly exceeds the average annual growth of 3.7% over the past decade. Investment Highlights: Incredible opportunity to acquire 22-units scattered across the highly sought-after Delaware County submarket. This 22,822 SF portfolio is comprised of (12) two-bedrooms units, (9) three-bedroom units, and (1) one-bedroom unit. The average square footage of the units is approximately 1,037 square feet. The average monthly rents currently being achieved for the two-bedroom units is $934 and $1,171 for the three-bedroom units. These properties offer the ability to achieve immediate cash flow, while also being able to increase rents. Many of the properties feature porches, and front and back yards.
© 2022 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Stockton Real Estate Advisors, LLC.. Data last updated on Monday, October 3rd, 2022 10:16:48 AM.
#IDX-primaryPhoto,#idx-details-headerListed by: Stockton Real Estate Advisors, LLC. 6097609985

Contact - Listing ID PADE2033256

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Brett Furman

528 East Lancaster Avenue
St. Davids, PA 19087
Phone: 610-687-6060
Phone Alt: 610-687-6060

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