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Listed price in listed location currency (USD).
$675,000

060

MLS® PADE2104240

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees $2,772
Taxes $9,860
Days Active 11
Approx. Age 1800
MLS® Number PADE2104240

Property Address: 2247 Mill Rd, UPPER CHICHESTER, PA, 19061-2564

Average square foot calculated using Size range provided by listing agent.

Description

Discover a rare investment opportunity with this fully occupied 6-unit, all–1-bedroom apartment building, situated on a beautifully wooded 2.6± acre parcel. Tucked away in a quiet, park-like setting, the property offers residents the best of both worlds—peaceful natural surroundings with unbeatable convenience. Major shopping centers, restaurants, and essential commuter routes such as I-95, Route 202, as well as nearby New Jersey and Delaware corridors. Philadelphia International Airport, and Center City are all just minutes away. This ideal combination of tranquility and accessibility keeps demand high and vacancies low. The building has been diligently maintained by long-term ownership, with thoughtful updates completed in four units as they turned over. Two long-standing tenants—each in place for more than 20 years—currently occupy well-kept units at below-market rents, providing an immediate value-add opportunity for investors. With the property already generating a solid Net Operating Income of $41, 972—even with rents—the new owner can benefit from both stable in-place cash flow and clear upside as units are modernized and rents are brought to market levels. Additional features include ample on-site parking, expansive outdoor space for tenant enjoyment, and strong historical occupancy. Whether you’re looking to expand your portfolio or secure a reliable, income-producing asset with long-term growth potential, this property stands out as a high-quality, low-maintenance investment in a consistently desirable location.
MLS® NumberPADE2104240
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1800
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 23, 2025List Date
$675,000List Price
  • Commute

Commute

Starting Address
Destination Address
2247 Mill Rd, UPPER CHICHESTER, PA

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