Landlord's Agent in 2026
Chris McGarry
Coldwell Banker Realty
(610) 742-1948
126 Total Sales
Estimated Value: $840,182
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, 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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 |
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 |
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 |
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 |
Landlord's Agent in 2026
Chris McGarry
Coldwell Banker Realty
(610) 742-1948
126 Total Sales
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
Buyer's Agent in 2012
Michael Carpenter
Keller Williams Main Line
(610) 405-7568
91 Total Sales
Source: Bright MLS
MLS Number: 1004151820
APN: 16-10-00605-04
Ask me questions while you tour the home.