1231 Drexel Ave, Drexel Hill, PA 19026

Drexel Hill
Local realty services provided by:ERA Liberty Realty
1231 Drexel Ave,Drexel Hill, PA 19026
$920,000
  • 8 Beds
  • - Baths
  • 5,189 sq. ft.
  • Multi-family
  • Pending
Listed by: christopher m mcgarry, robert c hoopes
Office: coldwell banker realty
MLS#:PADE2117074
Source:BRIGHTMLS

Price summary

  • Price:$920,000
  • Price per sq. ft.:$177.3

About this home

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,...

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Home facts

  • Year built:1950
  • Listing ID #:PADE2117074
  • Added:65 day(s) ago
  • Updated:July 31, 2026 at 07:52 AM

Rooms and interior

  • Bedrooms:8
  • Rooms Total:16
  • Kitchen Description:Carpet, Stove
  • Basement:Yes
  • Basement Description:Fully Finished
  • Living area:5,189 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Hot Water, Oil

Structure and exterior

  • Year built:1950
  • Building area:5,189 sq. ft.
  • Lot area:0.28 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$920,000
  • Price per sq. ft.:$177.3
  • Tax amount:$28,445 (2025)

Features and amenities

  • Amenities:Carpet

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