Listed By:
KW Empower
Address
707 Long Lane, Upper Darby, PA
Price
$ 250,000
Property Attributes
  • MLS#PADE2064674
  • TypeMulti-Family
  • CountyDELAWARE
  • CityUpper Darby
  • AreaUpper Darby Twp
  • Zip19082
  • Style
  • Year Built1930
  • Taxes$ 10188
  • Price$ 250,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Bright MLS
Property Description

Welcome to 707 Long Ln in Upper Darby! The wonderful location presents an exceptional opportunity as a commercial mixed-use property, currently setup as a restaurant with 2 residential units above. The restaurant space is fully equipped with an industrial kitchen, including all necessary equipment for seamless operations. All industrial kitchen equipment is included in the sale, making it a turnkey opportunity with this setup being ideal for aspiring restaurateurs or established culinary businesses looking to expand or to be used as any other permissible business use along this well trafficked area. This well-maintained building boasts a strategic location, offering excellent visibility and accessibility for businesses. The property features versatile spaces suitable for retail, office, or service-based enterprises, catering to a diverse range of tenant needs. The property's location is advantageous, surrounded by a range of amenities that enhance its appeal. Nearby, there are shopping centers, grocery stores, and convenience stores, providing convenience for both residents and patrons of the commercial space. Commercial space has full access to the full basement as well as added space for storage or repurpose the area for other uses as well. Transportation options are plentiful, being on a bus route, with easy access to major highways and other forms of public transit. This accessibility ensures a steady flow of customers to the location and convenient commuting options for residents of the apartments above. In addition to the restaurant/commercial space, the property features two 1-bedroom apartments, adding residential income potential to the investment. Located on the upper floor, one unit to the back of the property and the other in the front, offering comfortable living spaces with the convenience of being close to everything; both having been recently renovated, with newer flooring, kitchens, and baths. Overall, 707 Long Ln combines a thriving commercial space with residential convenience, making it an enticing investment opportunity and an attractive option for investors looking to capitalize on multiple revenue streams in a vibrant suburban setting.

Price History
4/3/2024 Listed $250,000

General Features

Sewer Public Sewer
Heating Radiator,Hot Water
Cooling Ceiling Fan(s),Window Unit(s)
Possession Settlement,Subject to Existing Lease
Roof Flat,Other
Zoning C-1
Pool Y/N No Pool
Architectural Style Other
Security Features Main Entrance Lock
Construction Materials Brick,Masonry,Wood Siding,Stucco
Exclusions tenants personal property
Year Built 1930
Property SubType Triplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County DELAWARE
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade
Status ACTIVE
Directions near corner of Radbourne Rd and Long Ln
ModificationTimestamp 2024-04-03T00:21:48
City UPPER DARBY
Buyer Agent Compensation 2.5
Zoning Description Traditional Neighborhood Commercial District
Total Units 1
MLS Area Upper Darby Twp (10416)
Lot Size Square Feet 0.00
Tax Assessed Value 241760.0
Waterfront Y/N No
Number of Units Leased 1
Street Name LONG
Tax Annual Amount 10188.0
Home Warranty Y/N No
Property Condition Good
Structure Type Interior Row/Townhouse
One Bedroom Units Count 2
NumberOfUnitsVacant 2
Other Units Unit 1,Unit 2,Unit 3
Price Per Sq Ft 157.04
Acceptable Financing Cash,Conventional,Other
Rent Control Y/N No
Vacation Rental Y/N No
Total SQFT 2402
Days on Market 28
Standard Status Active
Year Built Source Estimated
Tax Lot 703-000
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Basement Full,Interior Access,Unfinished
Flooring Luxury Vinyl Plank,Tile/Brick
Hot Water Natural Gas,Electric,Multi-tank
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix LANE
Central Air Y/N No
LivingAreaSource Estimated

Exterior Features

Water Source Public
Inclusions all restaurant equipment in AS-IS Condition
Type of Parking On Street
Foundation Details Stone
Water View Y/N No
Lot Dimensions 16.00 x 82.00
Lot Size Acres 0.00
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 40780.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Estimated

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19082

Price
AVG $280K
$250K
Taxes
AVG $6,489
$10,188
Visits
AVG 309
234
Data Provided by Inside Real Estate®
Year Built
AVG 1947
1930

Areas We Cover