Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1915
Sq.Footage
6,000
Prime Mixed-Use Investment Opportunity — Strong Income, Proven Performance, and Upside Potential Turnkey mixed-use income property offering stable cash flow, strong tenant demand, and a compelling 9% cap rate at list price. This well-maintained asset features a fully operational restaurant on the first floor and three residential apartments above — two 2-bedroom units and one 1-bedroom unit — creating diversified income streams and long-term stability. The restaurant benefits from an excellent location just off Main Street, delivering consistent customer traffic and strong business performance. All restaurant equipment is owned by the seller, and while the business is not included in the base sale, it can be negotiated, offering an additional upside opportunity for owner-operators or investors seeking enhanced returns. Property Highlights Include: Solid rent history with reliable, quality tenants High-demand rental area — historically minimal vacancy Off-street parking lot Newer roof Well-maintained building with pride of ownership Separate utilities for all units (except water) Fully disclosed operating expenses, including a conservative 5% vacancy factor Transparent financials — no guesswork on income or costs This is a true income-producing asset with documented performance, ideal for investors seeking predictable cash flow, portfolio growth, and long-term appreciation. Opportunities like this — with verified numbers, established tenants, and immediate returns — are increasingly rare. Add this high-performing property to your portfolio and start generating consistent returns from day one. Schedule a private tour today.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Above Grade Finished Area
6000.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Other
-
Other Exterior Features
Awning(s)
-
Parking
Asphalt, Paved, Parking Lot
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.08
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Other
Price
-
Sales Price
$545,000
-
Tax Amount
8086.0
-
Zoning
2 STY HSE STORE APTS 32x111xIRR
-
Sq. Footage
6, 000
-
Price/SqFt
$90
HOA
-
Association
No
School District
-
Elementary School
WALNUT STREET
-
Middle School
PENN WOOD
-
High School
PENN WOOD
Property Features
-
Stories
3
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Tax Lot
364-000
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
DELAWARE
Elementary School
WALNUT STREET
Middle School
PENN WOOD
High School
PENN WOOD
Listing Courtesy of Michael P Gennett , Keller Williams Real Estate - Media
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.