32 S Macdade Blvd, Glenolden, PA 19036
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
32 S Macdade Blvd,Glenolden, PA 19036
$335,000
- 2 Beds
- - Baths
- 4,052 sq. ft.
- Multi-family
- Active
Listed by:lauren quinn
Office:prime realty partners
MLS#:PADE2103120
Source:BRIGHTMLS
Price summary
- Price:$335,000
- Price per sq. ft.:$82.68
About this home
(Cross Posted -- under commercial) Excellent investment opportunity in the heart of Glenolden Borough! This mixed-use, four-unit property features a glass shop storefront on the main level plus three residential apartments above — one studio and two one-bedroom units. Fully occupied potential income of $4,000/month ($48,000/year) with the vacant one-bedroom ready to rent. Owner pays cold water and gas heat for the building; tenants cover electric and other utilities. Annual expenses include approximately $4,500 taxes, $4,500 insurance, and $8,000 utilities, yielding a Net Operating Income (NOI) of about $31,000.
At the $335,000 list price, this property delivers a strong 9.25% cap rate with room for upside through rent increases or individual utility separation. Prime visibility along MacDade Blvd, near public transportation, shopping, and major commuter routes. A perfect opportunity for investors seeking stable cash flow in a growing area.
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Home facts
- Year built:1920
- Listing ID #:PADE2103120
- Added:2 day(s) ago
- Updated:November 02, 2025 at 02:32 PM
Rooms and interior
- Bedrooms:2
- Living area:4,052 sq. ft.
Heating and cooling
- Heating:Natural Gas, Radiator
Structure and exterior
- Year built:1920
- Building area:4,052 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$335,000
- Price per sq. ft.:$82.68
- Tax amount:$4,453 (2024)
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