1231 Drexel Avenue Drexel Hill, PA 19026
Listing Courtesy of: BRIGHT IDX / Listed By: Christopher McGarry, Coldwell Banker Realty

  1231 Drexel Avenue Drexel Hill, PA 19026

Active (6 Days)
$920,000 (USD)

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!

MLS #:
PADE2117074
Taxes
$28,445(2025)
Lot Size
0.28 acres
Type
Multifamily
Year Built
1950
Style
Colonial
School District
Upper Darby
County
Delaware County

Listed By

Christopher McGarry, Coldwell Banker Realty
Source
BRIGHT IDX
Last checked Jun 15 2026 at 5:28 AM GMT+0000
Bathroom Details
Interior Features
  • Stove
  • Floor Plan - Open
  • Combination Dining/Living
  • Carpet
  • Bathroom - Tub Shower
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Hot Water
  • Window Unit(s)
Basement Information
  • Fully Finished
Exterior Features
  • Brick
Utility Information
  • Sewer: Public Sewer
  • Fuel: Oil
Living Area
  • 5,189 sqft
Location
   
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Disclaimer: Copyright 2026 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/14/26 22:28