#PADE2086338, Barbara Dougherty, Listing Office: Micozzie Real Estate
100 Chester Pike Darby, PA 19023
Property details
About 100 Chester Pike
Investor alert! This fully renovated mixed-use duplex is the turnkey asset your portfolio’s been waiting for. Featuring a prime commercial storefront on year 4 of a 10-year net lease—with built-in annual rent increases and a committed tenant already expressing interest in the 5-year extension—this property is a cash-flow machine. The current commercial rent is $1,369.40/month and set to rise to $1,431.02 in October, eventually reaching $1,783.31 by the final lease year. Tenant covers electric, water, and trash, and handles all business-related repairs. The residential and commercial units are separately metered making utility bill backs simple. The residential unit has 4 bedrooms, 1.5 bathrooms, and a spacious living area. Recently vacated and updated, the home boasts granite countertops, LVP flooring, tile bath/shower, and new appliances including a washer and dryer in the full basement. Previously rented at $1,550, it’s ready to command $1,650+ in today’s market. With both units rented, you’re looking at over $3,000/month in income and a 9% cap rate from day one. Gross annual revenue exceeds $36,000, and with updated systems and stable tenants, this is a true turnkey investment in a prime location. Don’t miss your chance to secure a high-performing asset in a growing area!
Highlights
(ACTIVE)
Summary
- Appliances: Dishwasher, Dryer, Oven, Electric Range, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
- Flooring Type: Luxury Vinyl Plank
- Interior: Upgraded Countertops, Store/Office
- Parking: None
- Architectural Style: Other
- Heating: Baseboard
- Cooling: Window Unit(s)
- List Price: $280,000
- Price/SqFt: $91
- Annual Tax Amount: $4,332
- Tax Year: 2023
- Directions: Travel south on Chester Pike. Property will be on corner of Chester Pike and Pine St.
- Year Built: 1920
- Living Area: 3,060 SqFt
- Municipality: Collingdale Boro
- MLS Number: PADE2091638
- MLS Name: BRIGHT
- Office Name: Empower Real Estate, LLC
- Office Phone: (302) 738-2300
- Office Email: vicki@kwempower.com
- Listing Agent: Mario Vincent Ciccarelli
- Agent Phone: (732) 986-6720
- Agent Email: mariosells@kw.com
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Last updated on: 6/3/2025, 5:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$280,000
100 Chester Pike
$3,325
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 06, 2016 | Home Sold | $40,500 |
Sep 17, 2001 | Home Sold | $60,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $94,550 | $- |
2023 | $94,550 | $4,332 |
2022 | $94,550 | $4,190 |
2021 | $94,550 | $5,979 |
2020 | $44,800 | $3,272 |
2019 | $44,800 | $3,133 |
2018 | $44,800 | $3,095 |
2017 | $44,800 | $3,038 |
History based on county public records data.
Nearby schools
3
Walnut Street Elementary School
Public District KG-6
0.4 mi
•224 S 6th St
5
Colwyn Elementary School
Public District KG-6
0.7 mi
•211 Pine St
4
Park Lane Elementary School
Public District KG-6
0.7 mi
•1300 Park Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,643. Residents of Darby, PA typically earn less than $<35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 100 Chester Pike in Darby, PA and zip code 19023. This 3,060 square foot home was built in 1920. Features: 0 bathroom. It has been listed on Rocket Homes since May 28, 2025 and is currently priced at $280,000.
The inventory of homes for sale in Darby, PA between April and May 2025 increased by 45%. While the average time on the market in May 2025 was 67 days, the median list price was $199,450.