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$675,000
55 Days On Site

2247 MILL ROAD
UPPER CHICHESTER, PA 19061

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
5,500
SqFt
$123
/SqFt
1800
Built
County:
DELAWARE
Listing courtesy of Long & Foster Real Estate, Inc.

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215-206-1980
2247 MILL ROAD2247 MILL ROAD2247 MILL ROAD2247 MILL ROAD
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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.

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Listing Snapshot
Price 
$675,000
Days On Site 
55 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1800
MLS® Number 
PADE2104240
Status 
Active
Property Tax 
$9,860
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Parking 
Parking Lot
Parking Spaces 
12
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5500
Water Source 
Public
Zoning 
COMMERCIAL
Interior Features
Appliances 
Gas Water Heater
Cooling 
Window Unit(s)
Heating 
Natural GasBaseboard
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Exterior Features
Construction Details 
Stucco
Roof 
Asphalt
Community Features
MLS Area 
Upper Chichester Twp (10409)
School District 
CHICHESTER
Schools
School District
CHICHESTER
Elementary School
Unknown
Middle School
Unknown
High School
CHICHESTER SENIOR
Listing courtesy of Long & Foster Real Estate, Inc.



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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