1901 E Darby Rd, Havertown, Pa

$940,000

Price

7.54%

Cap Rate

$70,875

NOI

Overview
Cap Rate
7.54%
NOI
$70,875
Building Size
3,100 sqft
Year Built
1950
Price Per Sqft
$303.23
Zoning
C-3
Description

RARE OPPORTUNITY - 3,100 SF FULLY REHABBED AND RENOVATED Multi-use Building for sale in Havertown'
All new mechanicals, roof, etc.
1st floor - Restaurant (Sophie's BBQ) and 4 Birds Distillery plus lower level prep kitchen. (BRAND NEW 5-YEAR LEASES)
2nd floor - 3 bedroom apartment (below market)
Detached Garage
Adequate Parking
Gross rent: $80,400.00 with potential of $91,400.00
Current CAP of 7.54% to 8.70% with easy sweat equity.
PLEASE INQUIRE WITH AGENT FOR INCOME AND EXPENSES.

Highlights
  • Days on Market: 30
  • Heating: 90% Forced Air

Location
Gallery