565 CHESTER PIKE, Prospect Park, PA 19076
565 CHESTER PIKE, Prospect Park, PA 19076
565 CHESTER PIKE, Prospect Park, PA 19076
565 CHESTER PIKE, Prospect Park, PA 19076
565 CHESTER PIKE, Prospect Park, PA 19076
565 CHESTER PIKE, Prospect Park, PA 19076
See all 84 photos
Listed by Julie Welker • Compass Pennsylvania, LLC
Bought with Thomas Toole III • RE/MAX Main Line-West Chester

$539,900

$539,900

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4,632 SqFt


SOLD DATE : 09/11/2026

Key Details

Sold Price $539,900

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 4,632 sqft

Price per Sqft $116

MLS Listing ID PADE2114858

Sold Date 09/11/26

Style Contemporary

Abv Grd Liv Area 4,632

Year Built 1953

Annual Tax Amount $15,322

Tax Year 2025

Lot Dimensions 50.00 x 150.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Income-producing mixed-use investment opportunity along the Chester Pike/US-13 corridor in Prospect Park, Delaware County. Offered at $539,900, this approximately 4,632 SF property combines established commercial and residential income with immediate additional lease-up potential.
Current contracted gross income is $6,150 per month / $73,800 annually, generated by a two-level commercial office/flex tenant and two occupied residential apartments.
The commercial component is leased through May 2028 at $3,000/month and provides two levels of flexible business space with two powder rooms. Residential income includes a 3-bedroom apartment leased at $1,650/month and a 1-bedroom apartment leased at $1,500/month.
A separate studio apartment is currently available, creating immediate lease-up upside. At a conservative projected rent of approximately $900-$1,000/month, stabilized gross income would increase to approximately $84,600-$85,800 annually.
Residential electric and hot-water responsibility has been separated by unit, while the owner pays water, providing a more streamlined utility structure for the incoming owner.
The property also offers a paved off-street parking lot and additional finished ancillary space that is not included in the advertised residential unit count or rental-income projections.
Recent capital and infrastructure improvements have addressed several meaningful property components, including concrete/sidewalk work, electrical and metering improvements, and hot-water infrastructure.
Location is another significant component of the investment story. The property sits directly along the established Chester Pike corridor in Prospect Park, approximately 10 minutes from Philadelphia International Airport, with convenient access to Route 420, I-95 and SEPTA Regional Rail.
Prospect Park is also included in Delaware County's active Six Boroughs Main Street planning initiative, focused on continued revitalization of business districts along Chester Pike and the SEPTA Wilmington/Newark corridor.
For investors seeking a manageable mixed-use acquisition, 565 Chester Pike offers existing commercial and residential income, immediate studio lease-up potential, diversified revenue streams and exposure to an actively improving Delaware County corridor.
Being sold AS-IS.
________________________________________

Location

State PA

County Delaware

Area Prospect Park Boro (10433)

Zoning MIXED

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Other

Above Ground Finished SqFt 4632

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Interboro

Others

Tax ID 33-00-00143-00

Ownership Fee Simple

SqFt Source 4632

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)

NEARBY SCHOOLS & BUSINESSES

Rakan Abuzahra

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(302) 245-7668

rakan.a@firststatehometeam.com

1521 Concord Pike, Suite 102, Wilmington, DE 19803, United States

GET MORE INFORMATION

Name
Phone*
Message