$280,000

100 CHESTER PIKE, Darby, PA 19023

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

Investor alert! This fully renovated mixed-use duplex is the turnkey asset your portfolio’s been waiting for. Featuring a prime commercial storefront on year 4 of a 10-year net lease—with built-in annual rent increases and a committed tenant already expressing interest in the 5-year extension—this property is a cash-flow machine. The current commercial rent is $1,369.40/month and set to rise to $1,431.02 in October, eventually reaching $1,783.31 by the final lease year. Tenant covers electric, water, and trash, and handles all business-related repairs. The residential and commercial units are separately metered making utility bill backs simple. The residential unit has 4 bedrooms, 1.5 bathrooms, and a spacious living area. Recently vacated and updated, the home boasts granite countertops, LVP flooring, tile bath/shower, and new appliances including a washer and dryer in the full basement. Previously rented at $1,550, it’s ready to command $1,650+ in today’s market. With both units rented, you’re looking at over $3,000/month in income and a 9% cap rate from day one. Gross annual revenue exceeds $36,000, and with updated systems and stable tenants, this is a true turnkey investment in a prime location. Don’t miss your chance to secure a high-performing asset in a growing area!

Listing Status:
Active
Date Added:
May 29, 2025 at 05:00AM
Listing Office:
Empower Real Estate, LLC : 3027382300
Listing Agent:
Mario Vincent Ciccarelli : 7329866720
MLS ID:
PADE2091634
  • Flooring: Luxury Vinyl Plank
  • A/C: Window Unit(s)
  • Heating: YBaseboard - ElectricElectric
  • Disability Feature: None

This listing courtesy of Mario Vincent Ciccarelli, Empower Real Estate, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

S

Sharon Hill School

701 Coates St, Sharon Hill, PA, 19079

Grades 1-8

0.45 miles away

S

Sharon Hill School

701 Coates St, Sharon Hill, PA, 19079

Grades 1-8

0.45 miles away

A

Academy Park High School

300 Calcon Hook Rd, Sharon Hill, PA, 19079

Grades 9-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby