Listed price in listed location currency (USD).
$825,000

0120

MLS® PADE2124898

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $26,644
Days Active 11
Lot Size 0.29 Acres
Approx. Age 1900
MLS® Number PADE2124898

Property Address: apt-1 N 2nd St, DARBY, PA, 19023-3050

Average square foot calculated using Size range provided by listing agent.

Description

12-UNIT DELCO VALUE-ADD | ONLY $68, 750 PER UNIT | $119, 556 FULL-OCCUPANCY RENT | $825, 000 Attention Investors & Syndicators: High-Occupancy 12-Unit Multifamily Investment with Immediate Value-Add Opportunity! 1 N. 2nd Street in Darby, PA is a three-story stone and masonry apartment building consisting of six studios and six one-bedroom units. The property features updated units and is currently 11 of 12 units occupied. INVESTMENT HIGHLIGHTS: • $9, 250/month ($111, 000/year) in current gross rental income • $9, 963/month ($119, 556/year) at full occupancy based on the vacant unit’s most recent rent • $51, 669.03 2025 NOI • 6.3% cap rate at the $825, 000 asking price • Tenants pay their own electric; landlord pays water • Dedicated off-street parking lot The property provides immediate cash flow with additional income potential from leasing the vacant unit. Several existing rents are also below the building’s highest current rents, providing potential for future rental growth. The property is well positioned with off-street parking and easy access to public transportation.
MLS® NumberPADE2124898
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
DrivewayNone
Garage Spaces
HeatBaseboard - Electric, Electric
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 30, 2026List Date
$825,000List Price
  • Commute

Commute

Starting Address
Destination Address
1 N 2Nd St, Darby, PA

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