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1010 Macdade Boulevard

COLLINGDALE, PA 19023
  • $199,000
  • STATUS: Active
  • ON SITE: 64 Days
  • ID#: PADE2008368
UPDATED: 6 min ago
$199,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

School District:

Description

Unique opportunity to purchase a corner commercial storefront with one residential unit 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 $900/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 and will need a complete rehab. It was previously rented for $1400/mo. Newly renovated, the unit could rent for even more. 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!

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or John Kriza Real Estate Team | Beiler-Campbell Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-28T11:49:54.503.
www.johnkrizateam.com/homes/121782026
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1010 Macdade Boulevard COLLINGDALE, PA 19023

  • Price: $199,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 6 min ago
  • ID#: PADE2008368
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Collingdale Boro (10411)
County:
Delaware
Area:
Collingdale Boro (10411)
School District:
Southeast Delco
Property Description
Unique opportunity to purchase a corner commercial storefront with one residential unit 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 $900/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 and will need a complete rehab. It was previously rented for $1400/mo. Newly renovated, the unit could rent for even more. 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!
Exterior Features

Construction Materials Brick Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling None Heating Forced Air Heating YN Yes Net Square Feet 0.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Business Type Hair Salon And Spa Central Air YN No Cooling Fuel None Heating Fuel Natural Gas Hot Water Electric Insurance Expense 1500.00 Maintenance Expense 1000.00 Municipality Collingdale Boro Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 801080988726 Other Expense 3120.00 Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 6621.00 Tax Assessment Amount 156110.00 Tax Lot 463-000 Total Actual Rent 15960.00 Vacation Rental YN No Water Source Public Zoning Commercial

Listing courtesy of Compass Re.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or John Kriza Real Estate Team | Beiler-Campbell Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-28T11:49:54.503.
 
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John Kriza Real Estate Team | Beiler-Campbell Realtors
402 Bayard Rd. Ste. 100
Kennett Square PA, 19348