Collingdale, PA 19023,1010 MACDADE BLVD
Collingdale, PA 19023,1010 MACDADE BLVD
Collingdale, PA 19023,1010 MACDADE BLVD
Collingdale, PA 19023,1010 MACDADE BLVD
Collingdale, PA 19023,1010 MACDADE BLVD
Collingdale, PA 19023,1010 MACDADE BLVD
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$210,000

$199,000

5.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,500 SqFt


SOLD DATE : 04/08/2022

Key Details

Sold Price $210,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $84

MLS Listing ID PADE2018296

Sold Date 04/08/22

Originating Board BRIGHT

Year Built 1933

Annual Tax Amount $6,620

Tax Year 2021

Lot Dimensions 21.90 x 125.00

Property Description

Unique opportunity to purchase a corner commercial mixed use property 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 $1000/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 experienced a fire (May 2021) and has been updated. It is now rented for $1600/mo. Lease ends Feb 2023. 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!

Location

State PA

County Delaware

Area Collingdale Boro (10411)

Zoning COM

Interior

Hot Water Electric

Heating Forced Air

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 Southeast Delco

Others

Tax ID 11-00-01776-00

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Deidre G Hill • Compass RE
Bought with Anthony A Lee • Realty ONE Group Legacy
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