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883 Main St 6 Unit Apartment Building $800,000 ($133,333/Unit) Darby, PA 19023


INVESTMENT HIGHLIGHTS
- Located minutes from Philadelphia with direct transit access
- High renter demand in a densely populated submarket
- Surrounded by retail, schools, and healthcare services
- Easy access to I-95, Chester Pike, and Philadelphia Airport
EXECUTIVE SUMMARY
Positioned in the heart of Delaware County, 883 Main St offers a rare opportunity to acquire a multifamily asset in a densely populated and transit-accessible corridor just minutes from Philadelphia. This property is ideally suited for investors seeking stable income potential in a market with strong rental demand and limited new supply.
Darby is a historic borough with a walkable downtown, direct access to SEPTA regional rail and bus lines, and proximity to major employment centers. The property benefits from its location near Chester Pike and I-95, providing seamless connectivity to Center City, University City, and Philadelphia International Airport. The surrounding area features a mix of residential and neighborhood retail, with nearby schools, parks, and healthcare facilities contributing to long-term tenant retention. With a population exceeding 1.5 million within a 10-mile radius and a high percentage of renter-occupied households, this location is primed for multifamily investment. Whether repositioning the asset or holding for cash flow, 883 Main St offers a compelling value proposition in a market where affordability and access remain key drivers of demand. Investors can capitalize on the property's location, potential for upgrades, and proximity to regional transit and employment hubs.
Darby is a historic borough with a walkable downtown, direct access to SEPTA regional rail and bus lines, and proximity to major employment centers. The property benefits from its location near Chester Pike and I-95, providing seamless connectivity to Center City, University City, and Philadelphia International Airport. The surrounding area features a mix of residential and neighborhood retail, with nearby schools, parks, and healthcare facilities contributing to long-term tenant retention. With a population exceeding 1.5 million within a 10-mile radius and a high percentage of renter-occupied households, this location is primed for multifamily investment. Whether repositioning the asset or holding for cash flow, 883 Main St offers a compelling value proposition in a market where affordability and access remain key drivers of demand. Investors can capitalize on the property's location, potential for upgrades, and proximity to regional transit and employment hubs.
PROPERTY FACTS
| Price | $800,000 | Apartment Style | Low-Rise |
| Price Per Unit | $133,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| No. Units | 6 | Building Size | 8,232 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1940 |
| Price | $800,000 |
| Price Per Unit | $133,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 8,232 SF |
| No. Stories | 3 |
| Year Built | 1940 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 14-00-01795-00 | Improvements Assessment | $225,380 |
| Land Assessment | $70,640 | Total Assessment | $296,020 |
PROPERTY TAXES
Parcel Number
14-00-01795-00
Land Assessment
$70,640
Improvements Assessment
$225,380
Total Assessment
$296,020
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Presented by
Shelton Fincourt B
883 Main St
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