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!
Listing Courtesy of: Coldwell Banker Realty
610-742-1948
1231 DREXEL AVENUE
Drexel Hill, PA 19026
$921,000
| Mls Number: | PADE2117070 |
|---|---|
| Close Price: | $921,000 |
| Property Type: | Commercial Lease |
| Standard Status: | Closed |
| Lot Size Acres: | 0.28 |
| County: | Delaware |
| Zip Code: | 19026 |
| Unit Count: | 1 |
| Purchase Contract Date: | 2026-06-30 |
| State Or Province: | PA |
| Mls Area: | Upper Darby Twp (10416) |
| Directions: | Corner of Township Line and Drexel Ave |
| Cooling Type: | Window Unit(s) |
| Heating Type: | Hot Water |
| Parking Spaces Total: | 10 |
| Hot Water: | Natural Gas |
| Current Use: | Multi Residential, Other |
| Tenant Pays: | Electricity, Cable TV, Insurance |
| Owner Pays: | Insurance, Heat, Gas, Sewer, Sewer Maintenance, SnowRemoval, Taxes - Real Estate, TrashCollection, Water |
| Cap Rate: | 7.2 |
| Business Use: | Medical |
| Listing Agreement: | Exclusive Agency |
| Client Application Edited Yn: | Yes |
| Expected On Market Date: | 2026-06-10 |
| Incorporated City Name: | UPPER DARBY TWP |
| Buyer Financing: | Standard Sale |
| School District Key: | 300200397363 |
| Construction Materials: | Brick |
| Leasable Area: | 1,200 |
| Year Built Source: | Assessor |
| Total Restrooms: | 6 |
| City Town Tax: | $8,832.00 |
| Listing Tax: | 16-10-00605-04 |
| Ownership: | Other |
| Gross Scheduled Income: | $118,577 |
| Lot Dimensions Source: | Assessor |
| Lot Size Source: | Assessor |
| Operating Expense: | $48,883 |
| Price Per Square Foot: | $766.67 |
| School District NameSchool District: | UPPER DARBY |
| List Price: | $920,000 |
|---|---|
| Close Date: | 2026-08-31 |
| Property Sub Type: | Other |
| Lot Size Area: | 12,197.0 |
| City Name: | Drexel Hill |
| Year Built: | 1950 |
| Heating Fuel: | Natural Gas |
| Zoning: | R-60 DWELLING W/ COMMERC |
| School Tax: | $16,709.00 |
| Lease Term: | 36 Months |
| Water Source: | Public |
| Total Loading Docks: | 1 |
| Mls List Date: | 2026-06-08 |
| Postal Code Plus4: | 3313 |
| Availability Date: | 2026-06-08 |
| School District Sources: | Listing Agent |
| Accessibility Features: | None |
| Heating?: | Yes |
| Parking Features: | Paved Parking |
| Basement Yn: | No |
| Other Units: | Unit 1, Unit 2, Unit 4, Unit 5, Unit 3 |
| Type Of Parking: | Parking Lot |
| Total Garage And Parking Spaces: | 10 |
| City Tax Frequency: | Annually |
| Auto Update Tax Data Yn: | Yes |
| Lot Size Dimensions: | 79.60 x 150.00 |
| Lot Size Units: | Square Feet |
| Number Of Units Leased: | 5 |
| Total Actual Rent: | $118,577 |
| Sewer: | Public Sewer |
| Lease Types: | Gross, Month to Month, Long Term |
| Num Car Parking Spaces: | 10 |
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Property Last Updated: October 08, 2026 05:19 PM - ET














