883 Main St - Apartments FOR SALE


Darby, PA 19023
$800,000 USD
215-327-9944
883 Main St, Darby, PA for Sale
$800,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

883 Main St
Darby, PA 19023


HIGHLIGHTS

  • Located minutes from Philadelphia with direct transit access
  • Surrounded by retail, schools, and healthcare services
  • High renter demand in a densely populated submarket
  • Easy access to I-95, Chester Pike, and Philadelphia Airport

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$97 USD /SF

# OF UNITS

6

PRICE/UNIT

$133,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,055 SF

ZONING

-

APN/PARCEL ID

14-00-01795-00

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215-327-9944

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215-327-9944

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