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)
Jon Cohen

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

+1(856) 669-1424

jon@joncohenteam.com

983 Haddon Ave, Collingswood, NJ, 08108, USA

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32 S MACDADE BLVD