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402 Long Lane

Delaware County PA 19082

3
1280 sq. ft.
Duplex
Currently for sale - view listing

Overview

Don’t miss this fantastic opportunity to add a fully occupied, income-producing, mixed-use property to your portfolio! Located on the highly visible and bustling Long Lane commercial corridor in Upper Darby, this versatile two-unit building offers immediate cash flow and strong long-term potential. With significant improvements made by the current owner since 2021, this property is a truly turnkey investment. Investment Highlights: Fully Occupied & Cash Flowing: Both units are currently tenant-occupied, providing immediate return on investment from day one. Diversified Income Streams: Features one street-level commercial/retail unit and one upper-level residential apartment, insulating your investment across two rental markets. Recent Capital Improvements: The property has been thoughtfully updated by the current owner since 2021, offering peace of mind and minimizing deferred maintenance for the next owner. Excellent Visibility & Foot Traffic: Situated on a busy thoroughfare, the commercial unit benefits from excellent daily traffic counts, a large bay display window, and prime signage space. Charming Architectural Details: Classic brick exterior, an inviting arched entryway, and a distinct facade give the building great curb appeal and character. Property Breakdown: Unit 1 (Commercial/Retail): Currently operating as a cafe/donut shop. Features a bright, expansive storefront window, an inviting separate entrance, and a versatile floor plan perfect for retail, food service, or professional office use. Unit 2 (Residential): A private, second-floor apartment offering comfortable living space, great natural light from the large front windows, and its own dedicated entrance. Whether you are a seasoned investor looking to expand your footprint in Delaware County or a first-time buyer seeking a reliable income property, 402 Long Lane delivers.

Features

3 bedrooms
1280 sq. ft. lot size
Duplex

Property history for 402 Long Lane

2021
Sold
$130,000
13 Dec 2021

Happy sellers in Delaware County

95%
95% of sellers in Delaware County reported that their sale price either exceeded or met their price expectations.

Delaware County stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Delaware County over the last 12 months.

Local market activity for 3 bedroom duplexes in Delaware County

In the last 12 months, 3 three-bedroom duplexes similar to 402 Long Lane, have been sold.

This represents a 93% increase in three-bedroom duplexes sales when compared to the previous 12 months.

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