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$825,000 Just Listed

  • For Sale
  • Active
  • Apartment
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12-UNIT DELCO VALUE-ADD | ONLY $68,750 PER UNIT | $119,556 FULL-OCCUPANCY RENT | $825,000 Attention Investors & Syndicators: High-Occupancy 12-Unit Multifamily Investment with Immediate Value-Add Opportunity! 1 N. 2nd Street in Darby, PA is a three-story stone and masonry apartment building consisting of six studios and six one-bedroom units. The property features updated units and is currently 11 of 12 units occupied. INVESTMENT HIGHLIGHTS: "¢ $9,250/month ($111,000/year) in current gross rental income "¢ $9,963/month ($119,556/year) at full occupancy based on the vacant unit's most recent rent "¢ $51,669.03 2025 NOI "¢ 6.3% cap rate at the $825,000 asking price "¢ Tenants pay their own electric; landlord pays water "¢ Dedicated off-street parking lot The property provides immediate cash flow with additional income potential from leasing the vacant unit. Several existing rents are also below the building's highest current rents, providing potential for future rental growth. The property is well positioned with off-street parking and easy access to public transportation.

Full Property Details for 1 N 2nd St #APT

General

  • Price: $825,000
  • Taxes: $26,644 (2026)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSPhilly
  • MLS ID: PADE2124898
  • Updated: 9/29/2026
  • Added to Site: 2 day(s) ago

Business

  • Business Type: Apartment Building

Rooms

Bathrooms

  • Restrooms: 12

Parking

  • Parking Type: None

Location

  • Area: Darby Boro (10414)
  • Municipality: DARBY BORO
  • County: DELAWARE
  • Subdivision: COBBS CREEK
  • Driving Directions: Located on 2nd and main St in heart of Darby

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: None

Structural Information

  • Construction: Combination
  • Entry Floor Number: 1
  • Building Size: 6000
  • Year Built: 1900
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.29
  • Lot Size (Sq. Ft.): 12,589
  • Lot Size Source: Estimated
  • Lot Dimensions: 100.00 x 129.00
  • Zoning: COMMECIAL

Financial Considerations

  • Price Per Sq. Ft.: $137.5
  • Assessment Year: 2026
  • School Tax: $15,944
  • City/TownTax: $8,556
  • City/TownTax Freq: Annually
  • County Tax: $2,143
  • County Tax Freq: Annually
  • Tax w/Assessment: $465,000
  • Tax Amount: $26,644
  • Tax Year: 2026
  • Owner Pays: Water, Trash Collection, Taxes - Real Estate, Snow Removal, Repairs

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 956-009

Listed by BHHS Fox & Roach-Jenkintown, christian washington

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Listing agent

— 1 N 2nd St #APT —

  • christian washington

    BHHS Fox & Roach-Jenkintown

Listing Office Email: dawn.ciganik@foxroach.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1 N 2nd St #APT

School District:William Penn School District
NameGradesDistance
Bell Avenue School
1000 Bell Avenue, Yeadon, PA 19050
K-60.7 mi
Penn Wood Middle School
121 Summit Street, Darby, PA 19023
7-80.4 mi
Penn Wood High School
100 Green Avenue, Lansdowne, PA 19050
9-122.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1 N 2nd St #APT Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/29/2026
Listed
$825,000
83.33%
MLS
10/07/2019
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1 N 2nd St #APT

Year
Property Taxes
Change
Tax Assessment
Change
2026
$25,056
4%
$465,000
—
2025
$24,060
100%
$465,000
—
2024
-100%
$465,000
—
2023
$21,306
3%
$465,000
—
2022
$20,608
-30%
$465,000
—
2021
$29,406
21%
$465,000
39%
2020
$24,363
4%
$333,500
—
2019
$23,329
1%
$333,500
—
2018
$23,046
2%
$333,500
—
2017
$22,622
3683%
$333,500
3606%
2016
$598
1%
$9,000
—
2015
$591
2%
$9,000
—
2014
$580
—
$9,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1 N 2nd St #APT

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by BHHS Fox & Roach-Jenkintown, christian washington

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1 N 2nd Street #APT, Darby, PA 19023 (MLS# PADE2124898) is a Apartment property. 1 N 2nd Street #APT is currently listed for $825,000 and was received on September 29, 2026. Want to learn more about 1 N 2nd Street #APT? Do you have questions about finding other Apartment real estate for sale in Darby? You can browse all Darby real estate or contact a Coldwell Banker agent to request more information.

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