32 S Macdade Blvd, Glenolden, PA 19036

Local realty services provided by:ERA OakCrest Realty, Inc.
32 S Macdade Blvd,Glenolden, PA 19036
$335,000
  • 2 Beds
  • - Baths
  • 4,052 sq. ft.
  • Multi-family
  • Active
Listed by: lauren quinn
Office: prime realty partners
MLS#:PADE2103120
Source:BRIGHTMLS

Price summary

  • Price:$335,000
  • Price per sq. ft.:$82.68

About this home

(Cross Posted -- under commercial) Excellent investment opportunity in the heart of Glenolden Borough! This mixed-use, four-unit property features a glass shop storefront on the main level plus three residential apartments above — one studio and two one-bedroom units. Fully occupied potential income of $4,000/month ($48,000/year) with the vacant one-bedroom ready to rent. Owner pays cold water and gas heat for the building; tenants cover electric and other utilities. Annual expenses include approximately $4,500 taxes, $4,500 insurance, and $8,000 utilities, yielding a Net Operating Income (NOI) of about $31,000. At the $335,000 list price, this property delivers a strong 9.25% cap rate with room for upside through rent increases or individual utility separation. Prime visibility along MacDade Blvd, near public transportation, shopping, and major commuter routes. A perfect opportunity for investors seeking stable cash flow in a growing area.

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Home facts

  • Year built:1920
  • Listing ID #:PADE2103120
  • Added:104 day(s) ago
  • Updated:February 11, 2026 at 02:38 PM

Rooms and interior

  • Bedrooms:2
  • Living area:4,052 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Radiator

Structure and exterior

  • Year built:1920
  • Building area:4,052 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$335,000
  • Price per sq. ft.:$82.68
  • Tax amount:$4,453 (2024)

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