Patterson-Schwartz Real Estate447-449 Macdade Boulevard, Collingdale, PA 19023-3442 $499,900
Acreage: 0
Age:93 years
Taxes: $13,341
Design/Type:
Over Storefront
Description
Price adjustment for the two buildings without the liquor license to $499,900! Excellent opportunity to own this mixed-property with a lounge/bar with over 4,000 square feet of interior space and multiple apartments on top, plus a garage in the back. Parking in the driveway on the side of the building combine for a total of roughly 2-3 parking spots. This investment property currently features 3 apartments with the possibility to create 6-7 units or to bring the lounge/bar back to its glory days and have 4 units upstairs and a two car garage out back. The exterior of the property features large signage right on MacDade Blvd. Great location in the heart of Collingdale situated right on the corner of MacDade Blvd and Marshall Avenue. The large bar/restaurant/tavern has multiple entrances and is fully equipped a pool table, a dance floors, TVs, tons of seating, restrooms and the possibility to bring the kitchen back to full functionality. The main floor and bar seats 40-50 people comfortably. Traffic count is 25,000 plus. Possibility at this location to bring the bar back to it's glory days...restaurant/bar with multiple apartments upstairs. Don't miss out on your chance to own this amazing opportunity! Rents are currently below Market Rate! There is a ton of potential to bring this to a 9% cap rate. Please verify square footage, as public record was used for square footage information.
Home Assoc: No
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
Radiator Heating, Natural Gas, Attic Fan, Ceiling Fan(s), Wall Unit Cooling, Window Unit(s) Cooling, None, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
Attached Garage, Driveway, Off Street, On Street, Additional Storage Area, Garage - Side Entry, Attached Garage Spaces #: 2;
Exterior
Block Foundation, Concrete Perimeter Foundation, Shingle Roof, Concrete Exterior, Secure Storage, Awning(s)
Lot
Suburban, Street View
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (77 schools)
Public Middle (10 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Penn Wood Middle School | William Penn School District | 7–8 | Darby | 0.9 mi |
| Tilden William T Middle School | Philadelphia City School District | 5–8 | Philadelphia | 2.17 mi |
| Beverly Hills Middle School | Upper Darby School District | 6–8 | Upper Darby | 2.8 mi |
| Richard Allen Preparatory Charter School | Richard Allen Preparatory Charter School | 5–9 | Philadelphia | 3.01 mi |
| Mastery Charter School-Hardy Williams | Mastery CS-Hardy Williams | K–12 | Philadelphia | 3.08 mi |
| Drexel Hill Middle School | Upper Darby School District | 6–8 | Drexel Hill | 3.24 mi |
| Richardson Middle School | Springfield School District | 6–8 | Springfield | 3.82 mi |
| Ridley Middle School | Ridley School District | 6–8 | Ridley Park | 3.94 mi |
| Middle Years Alternative | Philadelphia City School District | 5–8 | Philadelphia | 4.57 mi |
| Universal Vare Charter School | Universal Vare Charter School | 5–8 | Philadelphia | 4.66 mi |
Public High (21 schools)
Private (50 schools)
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This report is a detailed community overview for Darby (19023), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 36
- Average salary of people in this community: $35,887
Community Summary
- Population Density (ppl / mile): 11,059
- Household Size (ppl): 2.77
- Households w/ Children: 75%
Housing Inventory
- Owned: 4,259 (48.6%)
- Rented: 3,546 (40.4%)
- Vacant: 963 (11.0%)
- Total: 8,768
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 5.2%
- Some High School: 8.3%
- High School Graduate: 40.9%
- Some College: 21.7%
- Associate Degree: 8.6%
- Bachelor's Degree: 10.9%
- Graduate Degree: 4.5%
Income by dollar range
Median Income: $46,222
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $854
- One Bedroom: $860
- Two Bedroom: $935
- Three Bedroom: $1,319
- Four Bedroom: $1,315
© 2023 LiveBy. All Rights Reserved.
Contact Information
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Listing Courtesy of: CG Realty, LLC , (610) 566-5182
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 5/29/2023.
