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Listed by Peter Han • PK PROPERTY INC.
$2,590,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PADE2067864
Year Built 1970
Annual Tax Amount $304
Tax Year 2025
Lot Dimensions 18.00 x 100.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Total 5 different properties within 2/1 block, parking lot , !!! Total 5 different properties !!! ,1378 Market st ( attached picture as main building including 4 commercial units such Nail salon, seafood store, clothes store , cleaner ) and 1368 Market st and 1370 Market St ( Mix Use building ) and 1370 Green St 9 residential building )and 1376 Green St residential building ) and 1378 Green st ( residential building )Investment property , 18 Apartments and 4 commercial tenants and 1 office units, total 23 units , such as Office unit : $1000/monthly rent ,Nail Salon: $1,500/ monthly rent , Seafood business: $4,550/ monthly rent , Cleaner ( Drop Shop ) : $1,000/monthly rent, T -shirts store: $1,050.00 / month , so total monthly rent for 5 units: $9,100.00 . 18 Apartments : three bedrooms: 5 and 2 bedrooms: 4 and One bedroom: 9 . 18 APT units monthly gross rental income is $28,100.00 so annual total gross is $28,100.00 x 12 months =$337,200.00 (from Total gross monthly rental income from 23 units): ALL Apartment : $ 1 bathroom and 1 kitchen are in the all apartment , all occupied , heating is all apartment , Expenses: real estate tax :$43,374.00 / 2024 , Insurance :$15,695.33 , Water bill:$4,743.88 , Maintain fee:$3,000.00 . Annual total expenses: $66,769.45 so total net income is $337,200.00 - $66,769.45= $270,430.55 . THE POTENTIAL BUYER MUST SUBMITT THE BUYER'S FINANCIAL STATEMENT OR PRE-APPROVAL LETTER FOR LOAN BEFORE SHOWING.
Location
State PA
County Delaware
Area Lower Chichester Twp (10408)
Zoning MIX USE
Interior
Hot Water Natural Gas
Heating Central, Hot Water, Other
Cooling Central A/C, Wall Unit, Other
Heat Source Natural Gas
Exterior
Garage Spaces 3.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 3
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Chichester
Others
Tax ID 08-00-00734-00
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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