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32 S Macdade BoulevardGlenolden, PA 19036

For Sale

$335,000

Smart Buyer Rebate - Ask

(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.

Listed by Lauren Quinn

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License #RS355790

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Prime Realty Partners

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2672062505

Last updated November 03, 2025

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Source: BrightMLS #PADE2103120

Listing Facts

  • TypeMulti-family
  • NeighborhoodGlenolden
  • Days on Prevu20
  • Taxes$4,453/year
  • Size4,052 sqft
  • Price per sqft$83

Location

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Listing History

10/30/2025
Listed by Prime Realty Partners
$335,000

Property Details for 32 S Macdade Boulevard

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 1
  • Year Built: 1920
  • Architectural Style: Other
  • Construction Materials: Frame

Features

  • Other Structures: Above Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Estimated
  • Lot Size Dimensions: 20

Financial

Residential Income

  • Cap Rate: 9.25
  • Gross Income: $48,000.00
  • Operating Expense: $17,000.00

Taxes

  • Tax Annual Amount: $4,453.00
  • Tax Year: 2024

Interior

Measurements

  • Living Area: 4,052
  • Living Area Source: Estimated

Other

Location

  • Tax Lot: 133-000

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Heating: Radiator
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.