1376 Market St, Marcus Hook, PA 19061

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List Price
$2,200,000
Days on Market
1
Status
ACTIVE
MLS#
PADE2126672
Year Built
1940
County
Delaware
School District
Chichester

Property Description

Presenting an 11-parcel portfolio totaling 21 units, including four commercial spaces, in Lower Chichester Township. The package offers stabilized cash flow today with immediate value-add upside. Current income streams are diversified across residential and long-standing commercial tenancies - and cornerstone tenants with remaining leases. Conveniently located near Marcus Hook’s regional rail station, I-95 and I-495, with access to Philadelphia, Wilmington that connect to all the Major cities of the Northeastern Region. There are multiple exit strategies that can be lucrative for a smart investor. With multiple parcels included, investors gain options for either phased repositioning, selective redevelopment, or rezoning strategies as the area continues to evolve. In-place rents offer areas to further strengthen the NOI through vacancy fill, increased rents and value-add improvements. This is a rare, data-supported chance to secure scale, cash flow, and redevelop to sell off separately or as a package. Offered exclusively as one 11-parcel portfolio: 1364, 1368, 1376, 1378 and 1380 Market St; 1333, 1337 and 1365 Green St; plus 0 Market St (parcel 08-00-00732-00) and two separate 0 Green St lots (parcels 08-00-00346-00 and 08-00-00347-00), all in Lower Chichester Township, PA. Sold together; no individual parcel sales. The portfolio includes 17 residential units—two at 1364 Market St, three each at 1368 and 1370 Market St, two each at 1376 and 1378 Market St, one at 1380 Market St, two at 1365 Green St, and one each at 1333 and 1337 Green St—plus four commercial spaces: a cleaner, seafood business, wax shop, and additional business space, totaling 21 units. Property is sold in “as-is condition. All figures are preliminary and not guaranteed; buyers are responsible for independently verifying property details, income, expenses, leases, and all other information during due diligence.

Additional Information

Area
Lower Chichester Twp (10408)
School District
Chichester
Heating
Other
Cooling
Other
Water
Public
Sewer
Public Sewer

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Listing courtesy of EXP Realty, LLC. Contact: