447-449 MacDade Boulevard
447-449 MacDade Boulevard
$449,900
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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.
- Listed by Anthony Joseph Krupincza • CG Realty, LLCP: 9145843219 anthony@campbellgerrard.com
- Listed by Robert A. Gerrard • CG Realty, LLCP: 4844336292 rob@campbellgerrard.com
Property Details for 447-449 MacDade Boulevard
Tax ID Number
11-00-01564-00
OwnershipFee Simple
Structure TypeOver Storefront
StyleOther
WaterfrontNo
ViewsStreet
GarageYes
Cross StreetMarshall Ave
Location
LISTING UPDATED: 04/17/2024 01:23 PM
Property Details for 447-449 MacDade Boulevard
Status | Active |
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MLS # | PADE2045652 |
Days on Market | 217 |
Taxes | $13,868 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1930 |
Lot Size | 0.00 AC / 0 SF |
County | Delaware County |
Location
Building Information for 447-449 MacDade Boulevard
Stories-Residences1Year Built1930Building Size-Lot Size0.00 AC / 0 SF
Payment Calculator
$3,611 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 447-449 MacDade Boulevard
Property History for 447-449 MacDade Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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