1010 Macdade Blvd

Collingdale, PA 19023

Unique opportunity to purchase a corner commercial mixed use property in the heart of Collingdale! Surrounded by many local businesses and eateries, 1010 MacDade Blvd offers endless potential. The first floor is currently being utilized as a barbershop and has great foot traffic. Additional highlights include a half bathroom and break room area. The commercial space is currently rented for $1000/mo in year 3 of a 15 year lease - rent will increase incrementally. Sitting above the first floor with 2 entrances is a 2.5 story, 4BR, 1BA rental unit including laundry. It also has access to a small backyard. This unit recently experienced a fire (May 2021) and has been updated. It is now rented for $1600/mo. Lease ends Feb 2023. This property has a cap rate of 8%. What more could you ask for?? Easy access to public transportation and Center City. This is not a drive by - schedule your showing today!