Property

Marcus Hook, PA 19061 1378 Market Street

1378 Market Street Marcus Hook, PA - Image 11378 Market Street Marcus Hook, PA - Image 21378 Market Street Marcus Hook, PA - Image 3
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1378 Market Street Marcus Hook, PA - Image 41378 Market Street Marcus Hook, PA - Image 51378 Market Street Marcus Hook, PA - Image 61378 Market Street Marcus Hook, PA - Image 71378 Market Street Marcus Hook, PA - Image 81378 Market Street Marcus Hook, PA - Image 91378 Market Street Marcus Hook, PA - Image 101378 Market Street Marcus Hook, PA - Image 111378 Market Street Marcus Hook, PA - Image 121378 Market Street Marcus Hook, PA - Image 131378 Market Street Marcus Hook, PA - Image 141378 Market Street Marcus Hook, PA - Image 151378 Market Street Marcus Hook, PA - Image 161378 Market Street Marcus Hook, PA - Image 171378 Market Street Marcus Hook, PA - Image 181378 Market Street Marcus Hook, PA - Image 191378 Market Street Marcus Hook, PA - Image 201378 Market Street Marcus Hook, PA - Image 21
Presented By: PK PROPERTY INC.
  • MLS# PADE2067864
  • 05/20/2024
  • Request Tour
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  • SQFT • 12,000

Home Details

Total 5 different properties within 2/1 block, parking lot , !!! Total 5 different properties !!! ,1378 Market st ( attached picture as main building including 4 commercial units such Nail salon, seafood store, clothes store , cleaner ) and 1368 Market st and 1370 Market St ( Mix Use building ) and 1370 Green St 9 residential building )and 1376 Green St residential building ) and 1378 Green st ( residential building )Investment property , 18 Apartments and 4 commercial tenants and 1 office units, total 23 units , such as Office unit : $1000/monthly rent ,Nail Salon: $1,500/ monthly rent , Seafood business: $4,550/ monthly rent , Cleaner ( Drop Shop ) : $1,000/monthly rent, T -shirts store: $1,050.00 / month , so total monthly rent for 5 units: $9,100.00 . 18 Apartments : three bedrooms: 5 and 2 bedrooms: 4 and One bedroom: 9 . 18 APT units monthly gross rental income is $28,100.00 so annual total gross is $28,100.00 x 12 months =$337,200.00 (from Total gross monthly rental income from 23 units): ALL Apartment : $ 1 bathroom and 1 kitchen are in the all apartment , all occupied , heating is all apartment , Expenses: real estate tax :$43,374.00 / 2024 , Insurance :$15,695.33 , Water bill:$4,743.88 , Maintain fee:$3,000.00 . Annual total expenses: $66,769.45 so total net income is $337,200.00 - $66,769.45= $270,430.55 . THE POTENTIAL BUYER MUST SUBMITT THE BUYER'S FINANCIAL STATEMENT OR PRE-APPROVAL LETTER FOR LOAN BEFORE SHOWING.
Presented By: PK PROPERTY INC.

Interior Features for 1378 Market Street

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 1378 Market Street

Accessibility2+ Access Exits
Business TypeApartment Building, Other
CityMARCUS HOOK
Construction MaterialsOther
Cool FuelElectric
CoolingCentral A/C, Wall Unit, Other
CountyDELAWARE
DirectionsDelaware County
HeatingCentral, Hot Water, Other
Lot Size Square Feet0.00
Lot Size UnitsSquare Feet
MLS AreaLower Chichester Twp (10408)
MunicipalityLOWER CHICHESTER TWP
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG215.83
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount304.0
Tax Assessed Value8160.0
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1970
Year Built SourceEstimated
ZoningMIX USE

Exterior for 1378 Market Street

Building Area Total12000.00
Car Parking Spaces3
Land Assessed Value8160.00
Lot Dimensions18.00 x 100.00
Lot Size Acres0.00
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces3
Type of ParkingOn Street, Parking Lot, Other
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $2,590,000
MLS#PADE2067864
List Date 05/20/2024
Property Type Commercial
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