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Sold for $255,000 on 08/06/25
  • $255,000

    100 Chester Pike, Collingdale, PA 19023

    4beds
    2baths
    3,060sqft
    Duplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $83/sqft
    $1,682 Estimated rent

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    $1,682/mo

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    $1,682/mo

    Rent Zestimate®

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    $1,668/mo

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    $1,668/mo

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    What's special

    Investor alert! This fully renovated mixed-use duplex is the turnkey asset your portfolio’s been waiting for. Featuring a prime commercial storefront on year 4 of a 10-year net lease—with built-in annual rent increases and a committed tenant already expressing interest in the 5-year extension—this property is a cash-flow machine. The current commercial rent is $1,369.40/month and set to rise to $1,431.02 in October, eventually reaching $1,783.31 by the final lease year. Tenant covers electric, water, and trash, and handles all business-related repairs. The residential and commercial units are separately metered making utility bill backs simple. The residential unit has 4 bedrooms, 1.5 bathrooms, and a spacious living area. Recently vacated and updated, the home boasts granite countertops, LVP flooring, tile bath/shower, and new appliances including a washer and dryer in the full basement. Previously rented at $1,550, it’s ready to command $1,650+ in today’s market. With both units rented, you’re looking at over $3,000/month in income and a 9% cap rate from day one. Gross annual revenue exceeds $36,000, and with updated systems and stable tenants, this is a true turnkey investment in a prime location. Don’t miss your chance to secure a high-performing asset in a growing area!

    Zillow last checked: 8 hours ago

    Listing updated: August 06, 2025 at 11:31am

    Listed by:

    Mario Ciccarelli 732-986-6720,

    Empower Real Estate, LLC

    Bought with:

    Cynthia Chubb

    RE/MAX Associates-Wilmington

    Source: Bright MLS,MLS#: PADE2091638MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Baseboard, Electric
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Electric Water Heater
    Features
    • Upgraded Countertops, Store/Office
    • Flooring: Luxury Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 3,060
    • Total interior livable area: 3,060 sqft

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,040 sqft
    • Dimensions: 13.00 x 80.00
    • Features: Suburban
    Details
    • Additional structures: Above Grade
    • Parcel number: 11000052500
    • Zoning: TAXABLE COMMERCIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Duplex
    Materials
    • Other
    • Foundation: Stone
    • Roof: Flat
    Condition
    • Excellent
    • New construction: No
    • Year built: 1920
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Collingdale
    • Subdivision: Collingdale
    • Municipality: COLLINGDALE BORO

    HOA & financial

    Other financial information
    • Total actual rent: 36000

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals, Other
    • Listing terms: Bank Portfolio,Cash,Other
    • Ownership: Fee Simple