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$275,000
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Property Description
Excellent investment or owner-user opportunity in a highly visible corner location! Situated at the intersection of Chester Pike and Summit Avenue, in the heart of Prospect Park. The first floor features a well-maintained retail storefront, currently operating as an optical store, with large display windows, high visibility, and flexible interior space suitable for a variety of uses with potential rents up to $2000. The second floor includes a spacious two-bedroom apartment with a private entrance-ideal for owner occupancy or additional rental income. The 2nd floor is currently rented for $1300 per month, on month to month rent. This desirable property is equipped with its own private parking lot able to accommodate 3 cars. This property sits on a corner lot. Close to township parks, schools. It's conveniently located near public transportation, shopping, and major routes, making it easily accessible to Philadelphia, Delaware, New Jersey, and Philadelphia International Airport. Each unit has separate utilities, adding convenience and flexibility for future use. If you are an investor looking to grow your portfolio, 701 Chester Pike is a fantastic opportunity in Delaware County.
Full Property Details
Full Property Details for 701 Chester Pike
General
- Sold For: $275,000
- Taxes: $4,400 (2024)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PADE2102728
- Added to Site: 86 day(s) ago
Rental Information
- Lease Info: Month to Month
Parking
- Total Spaces: 3
- Parking Type: Parking Lot
Location
- Area: Prospect Park Boro (10433)
- Municipality: PROSPECT PARK BORO
- County: DELAWARE
- Driving Directions: From Chester Pike and 420 East on Chester Pike to property on the left
School Information
- School District: Interboro
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV, Electric Available, Natural Gas Available
Structural Information
- Architectural Style: Colonial
- Structure Type: Twin/Semi-Detached
- Construction: Brick
- Foundation: Concrete Perimeter
- Square Feet: 2,415
- Sq. Ft. Source: Estimated
- Living Area: 2,415 Sq. Ft.
- Finished Above Grnd: 2,415 Sq. Ft.
- Year Built: 1935
- Year Built Source: Estimated
Lot Features
- Lot Size Source: Estimated
- Lot Dimensions: 23.60 x 96.00
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $122.15
- Assessment Year: 2025
- School Tax: $3,235
- City/TownTax: $687
- City/TownTax Freq: Annually
- County Tax: $477
- County Tax Freq: Annually
- Tax w/Assessment: $123,360
- Tax Amount: $4,400
- Tax Year: 2024
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 431-000
Listed by RE/MAX Preferred - Newtown Square, Theresa O'Donnell
Sold by BHHS Fox & Roach -Yardley/Newtown, May Heng
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Schools
Schools serving 701 Chester Pike
School District:Interboro School District
| Name | Grades | Distance |
|---|---|---|
Prospect Park School 10th & Pennsylvania Avenues, Prospect Park, PA 19076 | 1-8 | 0.2 mi |
Interboro Senior High School 16th & Amosland Road, Prospect Park, PA 19076 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 701 Chester Pike
Date
Details
Price
Change
Source
12/03/2025
Sold
$275,000
-6.78%
MLS
10/23/2025
Listed
$295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
701 Chester Pike, Prospect Park, PA 19076 (MLS# PADE2102728) is a Single Family property that was sold at $275,000 on December 03, 2025. Want to learn more about 701 Chester Pike? Do you have questions about finding other Single Family real estate for sale in Prospect Park? You can browse all Prospect Park real estate or contact a Coldwell Banker agent to request more information.

