2247 Mill Rd, Upper Chichester, PA 19061
sale
$675,000
|
Other
Courtesy Of Long & Foster Real Estate
Discover a rare investment opportunity with this fully occupied 6-unit, all-1-bedroom apartment building, situated on a beautifully wooded 2.6 acre parcel. Tucked away in a quiet, park-like setting, the property offers residents the best of both worlds-peaceful natural surroundings with unbeatable convenience. Major shopping centers, restaurants, and essential commuter routes such as I-95, Route 202, as well as nearby New Jersey and Delaware corridors. Philadelphia International Airport, and Center City are all just minutes away. This ideal combination of tranquility and accessibility keeps demand high and vacancies low. The building has been diligently maintained by long-term ownership, with thoughtful updates completed in four units as they turned over. Two long-standing tenants-each in place for more than 20 years-currently occupy well-kept units at below-market rents, providing an immediate value-add opportunity for investors. With the property already generating a solid Net Operating Income of $41,972-even with rents-the new owner can benefit from both stable in-place cash flow and clear upside as units are modernized and rents are brought to market levels. Additional features include ample on-site parking, expansive outdoor space for tenant enjoyment, and strong historical occupancy. Whether you're looking to expand your portfolio or secure a reliable, income-producing asset with long-term growth potential, this property stands out as a high-quality, low-maintenance investment in a consistently desirable location.
Read More About This Property
Read Less About This Property
Copyright © 2025 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Exterior Type: Stucco
- Heating System: Baseboard
- Heating System: Hot Water (Heating)
- MLSID: PADE2104240
- Roof Type: Asphalt
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
