Landlord's Agent in 2026
Chris McGarry
Coldwell Banker Realty
(610) 742-1948
126 Total Sales
1231 Drexel Ave Drexel Hill, PA 19026
Drexel Hill AreaEstimated Value: $840,182
2
Beds
1
Bath
5,189
Sq Ft
0.27
Acre Lot
Highlights
- 0.27 Acre Lot
- Deck
- Living Room
- Colonial Architecture
- No HOA
- Dining Room
About This Home
As of February 2013Investor 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!
Last Agent to Rent the Property
(610) 566-1100 c21cmcgarry@aol.com Coldwell Banker Realty Listed on: 11/02/2012
Co-Listed By
(610) 566-1100 rhoopes@cbpref.com Coldwell Banker Realty License #RS283252
Last Renter's Agent
SANTEENA BROWN
santeena.brown@gmail.com Coldwell Banker Realty
Condo Details
Home Type
- Condominium
Year Built
- Built in 1950
Lot Details
- 0.27
Parking
- Shared Driveway
Home Design
- Colonial Architecture
- AirLite
Interior Spaces
- 5,189 Sq Ft Home
- Property has 1 Level
- Family Room
- Living Room
- Dining Room
- Laundry on main level
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Additional Features
- Deck
- Cooling System Mounted In Outer Wall Opening
Listing and Financial Details
- Residential Lease
- Security Deposit $1,050
- Tenant pays for electricity
- Smoking Allowed
- Available 11/2/12
- $25 Application Fee
- Assessor Parcel Number 16-10-00605-04
Community Details
Overview
- No Home Owners Association
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 9, 2021
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
May 31, 2012
Closed on
Jul 30, 2012
Sold by
Bought by
Seller's Agent
Chris McGarry
Coldwell Banker Realty
Buyer's Agent
Michael Carpenter
Keller Williams Main Line
List Price
$399,900
Sold Price
$425,000
Premium/Discount to List
$25,100
6.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$295,000
Outstanding Balance
$196,387
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$643,795
Purchase Details
Closed on
May 13, 2008
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $425,000 | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $295,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/09/2026 06/09/26 | For Sale | $920,000 | 0.0% | $177 / Sq Ft | |
| 02/01/2013 02/01/13 | Rented | $950 | -9.5% | -- | |
| 01/01/2013 01/01/13 | Under Contract | -- | -- | -- | |
| 11/02/2012 11/02/12 | For Rent | $1,050 | 0.0% | -- | |
| 07/30/2012 07/30/12 | Sold | $425,000 | +6.3% | $82 / Sq Ft | View Prior Sale |
| 06/22/2012 06/22/12 | Pending | -- | -- | -- | |
| 05/31/2012 05/31/12 | For Sale | $399,900 | -- | $77 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $27,982 | $630,000 | $66,670 | $563,330 |
| 2025 | $26,644 | $630,000 | $66,670 | $563,330 |
| 2024 | $26,644 | $630,000 | $66,670 | $563,330 |
| 2023 | $26,392 | $630,000 | $66,670 | $563,330 |
| 2022 | $25,683 | $630,000 | $66,670 | $563,330 |
| 2021 | $47,629 | $866,490 | $66,670 | $799,820 |
| 2020 | $14,379 | $222,290 | $62,280 | $160,010 |
| 2019 | $14,127 | $222,290 | $62,280 | $160,010 |
| 2018 | $13,964 | $222,290 | $0 | $0 |
| 2017 | $13,601 | $222,290 | $0 | $0 |
| 2016 | $1,220 | $222,290 | $0 | $0 |
| 2015 | $1,245 | $222,290 | $0 | $0 |
| 2014 | $1,245 | $222,290 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Chris McGarry
-
Robert Hoopes
Landlord's Co-Listing Agent in 2026
Robert Hoopes
Coldwell Banker Realty
(610) 348-3978
89 Total Sales
-
S
Tenant's Agent in 2013
SANTEENA BROWN
Coldwell Banker Realty
-
Michael Carpenter
Buyer's Agent in 2012
Michael Carpenter
Keller Williams Main Line
(610) 405-7568
91 Total Sales
Map
Source: Bright MLS
MLS Number: 1004151820
APN: 16-10-00605-04
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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, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.
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