14, 16, 18 E. Baltimore Ave. Clifton Hights Delware PA 19018

Mix Use Investment Property - 7.64 Cap

For Sale $549,900

This Investment property offers three retail stores and three apartments on 2nd floor, all are fully rented.
The three Second floor apartments are all long-term rentals with below market rates, good opportunity to increase rents. All mechanical s have been replaced 8 to 10 years ago, including new electric service, separated Electric meters and gas meters. Installed new central air/ gas heat in each unit. New hot water heaters, new doors, and windows. The roof was just Silver coated last month (6/2019). Rear stairs and balconies repainted two weeks ago. Modern storefronts with aluminum and glass were added 10 years ago; three years ago handicap bathrooms were installed in the stores.

Property Features
  • Mixed-use
  • Floor Area is 7200 sqft
  • Satelite
  • Street
  • Transit