PA > Marcus Hook
Marcus Hook, PA 19061,1378 MARKET ST
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Marcus Hook, PA 19061,1378 MARKET ST
Marcus Hook, PA 19061,1378 MARKET ST
Marcus Hook, PA 19061,1378 MARKET ST
Marcus Hook, PA 19061,1378 MARKET ST
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Ram Bala

Ram Bala

+1(703) 403-5338
Listed by Peter Han • PK PROPERTY INC.
$ 2,590,000
Est. payment /mo
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Active

1378 MARKET ST Marcus Hook, PA 19061

12,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $215

MLS Listing ID PADE2067864

Year Built 1970

Annual Tax Amount $304

Tax Year 2025

Lot Dimensions 18.00 x 100.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

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.

Location

State PA

County Delaware

Area Lower Chichester Twp (10408)

Zoning MIX USE

Interior

Hot Water Natural Gas

Heating Central, Hot Water, Other

Cooling Central A/C, Wall Unit, Other

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 3

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Chichester

Others

Tax ID 08-00-00734-00

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
agent

Ram Bala

Agent | License ID: VA:0226036501 MD:576134

+1(703) 403-5338

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1378 MARKET ST

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