1231 DREXEL AVE, Drexel Hill, PA 19026
1231 DREXEL AVE, Drexel Hill, PA 19026
1231 DREXEL AVE, Drexel Hill, PA 19026
1231 DREXEL AVE, Drexel Hill, PA 19026
1231 DREXEL AVE, Drexel Hill, PA 19026
1231 DREXEL AVE, Drexel Hill, PA 19026
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Bree Kunzel

Bree Kunzel

+1(301) 921-6009
Listed by Chris McGarry • Coldwell Banker Realty
$ 920,000

0.28 Acres Lot

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$ 920,000
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0.28 Acres Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Under Contract

Purchase Type For Rent

MLS Listing ID PADE2117070

Year Built 1950

Available Date 2026-06-10

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 79.60 x 150.00

Property Sub-Type Other

Source BRIGHT

Property Description

Investor Alert! Exceptional income-producing mixed-use opportunity in desirable Drexel Hill. 1231-33 Drexel Ave features four residential apartments and a commercial dental office, providing multiple streams of rental income. The property currently generates approximately $114,312 in annual gross income, with scheduled rent increases projected to increase annual gross income to approximately $118,577 beginning July 2026. The property currently produces an estimated Net Operating Income (NOI) of approximately $65,429, with the projected rent increases increasing NOI to approximately $69,694 annually. Each residential unit is well maintained and offers a spacious living room, dining room, kitchen, two bedrooms, and a full bathroom with a tub/shower combination. The dental office is occupied by an established commercial tenant, providing stable income alongside the residential units. The property also features a large rear parking lot with ample off-street parking for residents, patients, and staff. Conveniently located near shopping, restaurants, public transportation, and major roadways, this property offers investors a rare opportunity to acquire a stable, income-producing asset in a well-established Delaware County location. With strong in-place cash flow and built-in upside through scheduled rent increases, this is an ideal addition to an investment portfolio. Property is being sold As-Is. Financial information, leases, and expense documentation are available to qualified buyers. Buyer is responsible for independently verifying all income, expenses, leases, zoning, and intended property use. Don't miss this outstanding investment opportunity!

Location

State PA

County Delaware

Area Upper Darby Twp (10416)

Zoning R-60 DWELLING W/ COMMERC

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 10.0

Water Access N

Accessibility None

Total Parking Spaces 10

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Upper Darby

Others

Tax ID 16-10-00605-04

Ownership Other

Bright MLS (BMLS)

Nearby Locations

Bree Kunzel

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(301) 921-6009

bree@luxepropertiesdmv.com

1588 Kimblewick Rd, Potomac, MD 20854, USA

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1231 DREXEL AVE