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8831 GAP NEWPORT PIKE, AVONDALE, PA 19311
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$1,649,000
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Home Details for 8831 GAP NEWPORT PIKE
Price
$1,649,000
Type
Commercial/Industrial
Year Build
1900
Lot Size
2.4
County
CHESTER
Tax
$9,406
MLS®️ Listing#
PACT2110316
On exitrealty.com
108 days
Property Description
8831 & 8837 Gap Newport Pike offer a unique package of two parcels spanning approximately 2.4 acres, featuring 10 rental units across 5 buildings.
Seven of the units share a desirable layout with 1,200+ sq ft of living space, each with separate entrances and attached garages. Several also include finished or finish-ready basements, creating the opportunity to expand into 3-bedroom units and maximize rental income. Of these seven, four are 2-bedroom & three are 3-bedroom.
The main house adds a 3-bedroom unit & two more 2-bedroom units, all well-maintained with long-term tenants in place.
Current Gross Annual Rental Income: $142,200. Projected Market Rent (2BR): $1,500+ per month. Projected Market Rent (3BR w/ basement conversions): $1,700+ per month.
With stable income already in place and significant upside through rental increases and unit enhancements, this property is a strong addition to any portfolio. Conveniently located along Gap Newport Pike, the site offers ample parking and a blend of immediate cash flow and long-term appreciation potential.
Please do not walk the property or disturb tenants. All showings must be scheduled.
- Utilities
- Water Available
- Sewer Available
- Propane
- Other
- Heating Information
- Oil
- Propane
- Hot Water
- Parking
- Garage
- Driveway
- Cooling Information
- None
- Water Features
- Public
Listing Courtesy: Iron Valley Real Estate Exton - 610-561-1111
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Bright MLS. All rights reserved.
Last Updated: 2025-10-21 09:16:17
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