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Executive Summary

Available now... Income Producing Property in Drexel Hill. Property consists of 4- 2 bedroom apartments and one commercial unit with good rental history. One apartment has just been renovated and is listed for rent. Tenants pay utilities except water and common area electric. Operating as a 7.2 cap rate with slightly under market rents. This property has high visibility and is convenient to public transportation, shopping and schools. Great opportunity for investors or the savvy house hacker. Contact agent for showings.

Property Facts

Price $856,744 CAD
Price Per Unit $171,349 CAD
Sale Type Investment
Cap Rate 7.20%
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 4,650 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1935/2019
Parking Ratio 0.65/1,000 SF
Zoning C1 - Commercial

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 5 - -
Moderately walkable
70/100
Fairly drivable
40/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
16-12-00375-00
Land Assessment
$91,136 CAD
Improvements Assessment
$349,048 CAD
Total Assessment
$440,184 CAD
  • Listing ID: 39290155

  • Date on Market: 2026-02-02

  • Last Updated:

  • Address: 3617 Garrett Rd, Drexel Hill, PA 19026

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