BEDS0
BATHS
SQUARE FEET5,189
MLS#PADE2117074
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLUPPER DARBY
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!
Property Features
Property Type: Multi Unit - Multiple
Basement: Fully Finished
Basement: Yes
Cooling: Window Unit(s)
Fuel Type: Oil
Heating: Hot Water
Home Style: Colonial
Lot Size: 0.28 Acres
Taxes: $28,445
Year Built: 1950
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Stove
Days on Site: 6
Exterior: Brick
Interior: Bathroom - Tub Shower, Carpet, Floor Plan - Open, Combination Dining/Living
Lot Dimensions: 0.28 Acre(S)
Municipality: UPPER DARBY TWP
Number of Rooms: 16
Sewer: Public Sewer
Structure Type: Twin/Semi-Detached
Total Garage/Parking Spaces: 12
Two Bedroom Units: 4
Units: 1
Water: Public
Local Schools
School District: UPPER DARBY
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 6105661100
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 4,686.27 per month $2,047.52 Principal & Interest $2,370.42 Property Tax $268.33 Homeowner's InsuranceChange Payment Information
1231 Drexel Avenue | MLS# PADE2117074
This multi-family property located at 1231 Drexel Avenue, Drexel Hill, PA 19026 is currently listed for sale with an asking price of $920,000. Drexel Avenue is located within the UPPER DARBY school district. Search Drexel Hill real estate on www.realtymark.net today.