447-449 MacDade Boulevard

Collingdale, PA 19023

$449,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Back on the market, as buyer financing fell through. Price for two buildings without the liquor license to $499,900! Excellent opportunity to own this mixed-property with a lounge/bar with over 4,000 square feet of interior space and multiple apartments on top, plus a garage in the back. Parking in the driveway on the side of the building combine for a total of roughly 2-3 parking spots. This investment property currently features 3 apartments with the possibility to create 6-7 units or to bring...Back on the market, as buyer financing fell through. Price for two buildings without the liquor license to $499,900! Excellent opportunity to own this mixed-property with a lounge/bar with over 4,000 square feet of interior space and multiple apartments on top, plus a garage in the back. Parking in the driveway on the side of the building combine for a total of roughly 2-3 parking spots. This investment property currently features 3 apartments with the possibility to create 6-7 units or to bring the lounge/bar back to its glory days and have 4 units upstairs and a two car garage out back. The exterior of the property features large signage right on MacDade Blvd. Great location in the heart of Collingdale situated right on the corner of MacDade Blvd and Marshall Avenue. The large bar/restaurant/tavern has multiple entrances and is fully equipped a pool table, a dance floors, TVs, tons of seating, restrooms and the possibility to bring the kitchen back to full functionality. The main floor and bar seats 40-50 people comfortably. Traffic count is 25,000 plus. Possibility at this location to bring the bar back to it's glory days...restaurant/bar with multiple apartments upstairs. Don't miss out on your chance to own this amazing opportunity! Property is now unoccupied and rents can be increased! There is a ton of potential to bring this to a 9% cap rate. Please verify square footage, as public record was used for square footage information.
  1. Listed by Anthony Joseph Krupincza • CG Realty, LLC
    P: 9145843219 anthony@campbellgerrard.com
  2. Listed by Robert A. Gerrard • CG Realty, LLC
    P: 4844336292 rob@campbellgerrard.com

Property Details for 447-449 MacDade Boulevard

Tax ID Number
11-00-01564-00
Ownership
Fee Simple
Structure Type
Over Storefront
Style
Other
Waterfront
No
Views
Street
Garage
Yes
Cross Street
Marshall Ave

Location

Listing Courtesy of CG Realty, LLC
Add your commute
LISTING UPDATED: 04/17/2024 01:23 PM

Property Details for 447-449 MacDade Boulevard

StatusActive
MLS #PADE2045652
Days on Market217
Taxes$13,868 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1930
Lot Size0.00 AC / 0 SF
CountyDelaware County

Location

Listing Courtesy of CG Realty, LLC
Add your commute

Building Information for 447-449 MacDade Boulevard

Stories-Residences1Year Built1930Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$3,611 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,455

Property Taxes

$1,156

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 447-449 MacDade Boulevard

Location
Location
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles, Commuter Rail Station less than 1 mile
  • School District Name: SOUTHEAST DELCO
  • School District County ID: 300200397361
  • SchoolDistrictSource: Listing Agent
  • County: DELAWARE
  • MLS Area: Collingdale Boro (10411)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $314,580
  • Year Assessed: 2023
  • County Tax: $943
  • Improvement Assessed Value: $251,810
  • City Town Tax: $3,087
  • Land Assessed Value: $62,770
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: COMMERCIAL
  • Zoning Dscrp: Commercial - Restaurant/Bar with 3 units upstairs
  • Tax Lot: 639-000
  • School Tax: $9,837
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 4
  • Units Leased Count: 2
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 1
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
Financial Information
Financial Information
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Owner Occupied, Month to Month
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: .00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 20.00 x 125.00
  • Lot Dimensions Source: Assessor
  • Road Responsibility: Public, Boro/Township
  • Location Type: Suburban
  • Parcel ID: 423285
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway, Attached Garage, On Street, Off Street
  • Num of Attached Garage Spaces: 2
  • Driveway - # of Spaces: 3
  • Total Garage Spaces: 2
  • Parking Features: Concrete Driveway
  • Garage Features: Additional Storage Area, Garage - Side Entry
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Awning(s), Secure Storage
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ceiling Fan(s), Attic Fan, Window Unit(s), Wall Unit
  • Cooling Fuel: None
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Suburban West REALTORS Association
  • List Agent URL: www.anthonyphillyrealestate.com

Property History for 447-449 MacDade Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 447-449 MacDade Boulevard

This home is within Southeast Delco School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Private - 3 to 12
Private - K to 8
Rating
School
Distance
Harris School
PublicK to 8

Academy Park High School
Public9 to 12

Christ Academy
Private3 to 12

Holy Spirit School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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447-449 MacDade Boulevard is a multi-family home for sale in Collingdale, PA 19023. This property was listed for sale on April 27, 2023 by CG Realty, LLC, it's currently listed at $449,900. This listing's school district is Southeast Delco School District. Nearby schools include Harris School, Academy Park High School and Christ Academy. 447-449 MacDade Boulevard is a 0-bed, 0-bath, multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CG Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.