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$335,000
4,052
square ft

32 S Macdade Boulevard
GLENOLDEN, Pennsylvania 19036

Active / MLS #PADE2103120 / Multiple Unit (2-4) / GLENOLDEN
Listing information updated 11/3/2025 at 11:02pm
(Cross Posted -- under commercial) Excellent investment opportunity in the heart of Glenolden Borough! This mixed-use, four-unit property features a glass shop storefront on the main level plus three residential apartments above - one studio and two one-bedroom units. Fully occupied potential income of $4,000/month ($48,000/year) with the vacant one-bedroom ready to rent. Owner pays cold water and gas heat for the building; tenants cover electric and other utilities. Annual expenses include approximately $4,500 taxes, $4,500 insurance, and $8,000 utilities, yielding a Net Operating Income (NOI) of about $31,000. At the $335,000 list price, this property delivers a strong 9.25% cap rate with room for upside through rent increases or individual utility separation. Prime visibility along MacDade Blvd, near public transportation, shopping, and major commuter routes. A perfect opportunity for investors seeking stable cash flow in a growing area.
Architecture Style:
Other
Cooling System:
None
Heating System:
Radiator
Pool:
No
Age:
105 Years
Water Front:
No
Square Feet:
4,052
Tax Amount:
$4,453
Tax Year:
2024
Zip Code:
19036
City:
Glenolden
County:
Delaware
School District(s):
INTERBORO
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Prime Realty Partners

Listing Office Phone: 856.210.3000

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32 S Macdade Boulevard, Glenolden, PA 19036 is a multiple unit (2-4) currently listed at $335,000. This multiple unit (2-4) has been listed on RLAH @properties since October 30th, 2025 and was built in 1920.

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