1378 Market Street
Marcus Hook, PA, 19061 $ 2,590,000
Bedrooms-- Baths-- Sq 12,000 Monthly Estimate*
$ 16,158
for $2,590,000. This 12,000 square foot building was built in 1970.
Total 5 different properties within 2/1 block, parking lot , !!! Total 5 different properties !!! ,1378 Market st ( attached picture as main building including 4 commercial units such Nail salon, seafood store, clothes store , cleaner ) and 1368 Market st and 1370 Market St ( Mix Use building ) and 1370 Green St 9 residential building )and 1376 Green St residential building ) and 1378 Green st ( residential building )Investment property , 18 Apartments and 4 commercial tenants and 1 office units, total 23 units , such as Office unit : $1000/monthly rent ,Nail Salon: $1,500/ monthly rent , Seafood business: $4,550/ monthly rent , Cleaner ( Drop Shop ) : $1,000/monthly rent, T -shirts store: $1,050.00 / month , so total monthly rent for 5 units: $9,100.00 . 18 Apartments : three bedrooms: 5 and 2 bedrooms: 4 and One bedroom: 9 . 18 APT units monthly gross rental income is $28,100.00 so annual total gross is $28,100.00 x 12 months =$337,200.00 (from Total gross monthly rental income from 23 units): ALL Apartment : $ 1 bathroom and 1 kitchen are in the all apartment , all occupied , heating is all apartment , Expenses: real estate tax :$43,374.00 / 2024 , Insurance :$15,695.33 , Water bill:$4,743.88 , Maintain fee:$3,000.00 . Annual total expenses: $66,769.45 so total net income is $337,200.00 - $66,769.45= $270,430.55 . THE POTENTIAL BUYER MUST SUBMITT THE BUYER'S FINANCIAL STATEMENT OR PRE-APPROVAL LETTER FOR LOAN BEFORE SHOWING.
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FeaturesInteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Central Hot Water Other
Cooling Central A/C Wall Unit Other
Possession 0-30 Days CD
Zoning MIX USE
Construction Materials Other
Year Built 1970
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality LOWER CHICHESTER TWP
Business Type Apartment Building Other
Accessibility 2+ Access Exits
County DELAWARE
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Delaware County
City MARCUS HOOK
Number Of Units Total 0
MLS Area Lower Chichester Twp (10408)
Lot Size Units Square Feet
Lot Size Square Feet 0.00
Tax Annual Amount 304.0
Price Per Sq Ft Total AG 215.83
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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ExteriorWater Source Public
Type of Parking On Street Parking Lot Other
Water View Y/N N
Building Area Total 12000.00
Lot Dimensions 18.00 x 100.00
Lot Size Acres 0.00
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 8160.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $16,158
- Monthly Property Taxes
- $25
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Marcus Hook, PA
Average List Price $848,037
Percent of Sale Price 67%
About Marcus Hook, PA 2,361 Population
2% Since 2002
$ 38,544 Median Income
35.27 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/20/2024 | $2,590,000 | | Listed Price |