Essington PA Commercial for Sale
$1,100,000
118 Erickson Avenue Essington, PA 19029
- Type:
- Multi-Family
- Sq.Ft.:
- 15,000
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1953
- Baths:
- MLS#:
- PADE2080074
ADDITIONAL INFORMATION
Great opportunity for adding to your investment portfolio. This is a fully occupied 11 unit on 3 parcels in the Waterfront district in Essington. The addresses are 118-122 Erickson. One parcel has a triplex, one is a vacant lot and one has 2 Quads. There are 10 - 1 Unit apartments and 1 - 2 bedroom unit. All units have mini splits for a/c and heat. Close to the Philadelphia Airport and I95, this is a very convenient location in high demand. Some units have been updated and many units have long term tenants. Excellent chance for added value by updating or utilizing the vacant lot. 24 hour notice required for showings.
ADDITIONAL INFORMATION
HUGE PRIVE INPROVEMENT AND OPPORTUNITY to open up a business on the first floor and have multiple rental units on the 2nd and 3rd floor on a busy street. BONUS - 5 garages! This property faces the industrial highway(291) and has lots of traffic! 1st floor was set up as a dental office for many years. 2nd and 3rd floor were set up as rented rooms with a shared bathroom and kitchen. Currently the 2nd and 3rd floor are gutted and ready to restore!!
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Essington Real Estate
The median home value in Essington, PA is $208,900. This is lower than the county median home value of $299,800. The national median home value is $338,100. The average price of homes sold in Essington, PA is $208,900. Approximately 55.83% of Essington homes are owned, compared to 33.83% rented, while 10.34% are vacant. Essington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Essington real estate agent to arrange a tour today!
Essington, Pennsylvania 19029 has a population of 4,010. Essington 19029 is less family-centric than the surrounding county with 15.93% of the households containing married families with children. The county average for households married with children is 30.31%.
The median household income in Essington, Pennsylvania 19029 is $48,869. The median household income for the surrounding county is $80,398 compared to the national median of $69,021. The median age of people living in Essington 19029 is 37.2 years.
Essington Weather
The average high temperature in July is 86.9 degrees, with an average low temperature in January of 27.1 degrees. The average rainfall is approximately 43 inches per year, with 15.1 inches of snow per year.