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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 Under Contract
| 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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