Property

Marcus Hook, PA 19061 1029 Market Street

1029 Market Street Marcus Hook, PA - Image 11029 Market Street Marcus Hook, PA - Image 21029 Market Street Marcus Hook, PA - Image 3
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1029 Market Street Marcus Hook, PA - Image 41029 Market Street Marcus Hook, PA - Image 51029 Market Street Marcus Hook, PA - Image 61029 Market Street Marcus Hook, PA - Image 71029 Market Street Marcus Hook, PA - Image 81029 Market Street Marcus Hook, PA - Image 91029 Market Street Marcus Hook, PA - Image 101029 Market Street Marcus Hook, PA - Image 111029 Market Street Marcus Hook, PA - Image 121029 Market Street Marcus Hook, PA - Image 131029 Market Street Marcus Hook, PA - Image 141029 Market Street Marcus Hook, PA - Image 151029 Market Street Marcus Hook, PA - Image 161029 Market Street Marcus Hook, PA - Image 17
Presented By: BHHS Fox & Roach-Center City Walnut
  • MLS# PADE2084122
  • 02/14/2025
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  • Beds • 3

Home Details

Prime Multi-Unit Residential Property with Storefront & Vacant Land, This is is a unique and exceptional opportunity to acquire a well-established multi-use property located in a highly sought-after area. The property includes three additional parcels: 18 E. 10th and 34 E. 10th & 1027 Market St, offering a variety of income-generating potential. The current configuration includes residential apartments, commercial storefront space and vacant land with existing storage containers and a parking lot. Additionally, the seller is offering an adjacent bar/restaurant as part of a comprehensive package deal for $2.5 million, making this an ideal investment for preapproved buyers looking for diverse real estate opportunities. The first floor of the property features three well-sized, one-bedroom apartments. Two of these apartments are currently rented, generating steady rental income, while the third is being used as personal storage by the owner. This presents an immediate opportunity for the buyer to either continue using the third apartment as storage or reconfigured for additional rental income or guest accommodation. Which further enhances the income potential of the property. The apartments are well-maintained, offering ample natural light, spacious rooms, and functional layouts. Each apartment has its own separate utilities and access, ensuring privacy for the tenants. The second floor of the property features an additional 10 bedrooms, all currently occupied by tenants. This level is ideal for shared housing, rooming accommodations, or even could be converted into larger living spaces with a little renovation. In addition to the 10 bedrooms, there are two additional bathrooms, providing extra convenience and comfort for the tenants. The commercial storefront located on the property adds a valuable layer of income potential. This space offers an ideal location for a variety of businesses, whether for retail, office space, or other commercial endeavors. The storefront is in a prime location with high visibility and foot traffic, which can drive business success. The seller is offering the storefront as part of the overall package, making it an excellent opportunity for an investor or business owner looking to own a commercial space alongside residential units. In addition to the residential and commercial spaces, the property includes vacant land currently occupied by storage containers and a great sized parking lot. This portion of the property offers significant potential for future development or expansion or can serve as a secure area for additional storage. The land is versatile, offering numerous opportunities for the buyer to utilize it according to their needswhether it be for additional storage, expansion, or other commercial uses.
Presented By: BHHS Fox & Roach-Center City Walnut

Interior Features for 1029 Market Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 1029 Market Street

AccessibilityNone
Architectural StyleTraditional
CityMARCUS HOOK
Construction MaterialsBrick
Cool FuelNatural Gas
CoolingCentral A/C
CountyDELAWARE
DirectionsPLEASE USE GPS FROM YOUR CURRENT LOCATION TO THE PROPERTY FOR THE MOST ACCURATE DIRECTIONS
ExclusionsSellers Personal Belongings
Garage Y/NNo
HeatingForced Air
Lot Size Square Feet0.00
Lot Size UnitsSquare Feet
MLS AreaMarcus Hook Boro (10424)
ModificationTimestamp2025-03-20T13:46:39
MunicipalityMARCUS HOOK BORO
New ConstructionNo
Number Of Units Total1
NumberOfUnitsVacant1
One Bedroom Units Count3
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD
Property SubtypeOther
Property TypeMulti-Family
School DistrictCHICHESTER
SewerPublic Sewer
Single Room Units Count10
Standard StatusActive
StatusACTIVE
Structure TypeOther
Tax Annual Amount5780.0
Tax Assessed Value143000.0
Tax Lot133-000
Tax Year2024
Total SQFT0
Two Bedroom0
UtilitiesCable TV
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningCOMMERCIAL

Exterior for 1029 Market Street

Land Assessed Value59590.00
Land Use Code
Lot Dimensions0.00 x 0.00
Lot FeaturesOther
Lot Size Acres0.00
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOther
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $1,000,000
MLS#PADE2084122
List Date 02/14/2025
Property Type Multi-Family
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