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Sold for $539,900
  • $539,900

    565 Chester Pike, Prospect Park, PA 19076

    4beds
    2baths
    4,632sqft
    Quadruplex
    Built in 1953
    -- sqft lot
    $539,800 Zestimate®
    $117/sqft
    $1,991 Estimated rent

    Home value

    $539,800

    $497,000 - $588,000

    $1,991/mo

    Zestimate® history
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    $1,991/mo

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    $3,915/mo

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    What's special

    Large commercial spaceFantastic renovated triplexStudio apartmentOne bedroom apartment
    Income-producing mixed-use investment opportunity along the Chester Pike/US-13 corridor in Prospect Park, Delaware County. Offered at $539,900, this approximately 4,632 SF property combines established commercial and residential income with immediate additional lease-up potential. Current contracted gross income is $6,150 per month / $73,800 annually, generated by a two-level commercial office/flex tenant and two occupied residential apartments. The commercial component is leased through May 2028 at $3,000/month and provides two levels of flexible business space with two powder rooms. Residential income includes a 3-bedroom apartment leased at $1,650/month and a 1-bedroom apartment leased at $1,500/month. A separate studio apartment is currently available, creating immediate lease-up upside. At a conservative projected rent of approximately $900-$1,000/month, stabilized gross income would increase to approximately $84,600-$85,800 annually. Residential electric and hot-water responsibility has been separated by unit, while the owner pays water, providing a more streamlined utility structure for the incoming owner. The property also offers a paved off-street parking lot and additional finished ancillary space that is not included in the advertised residential unit count or rental-income projections. Recent capital and infrastructure improvements have addressed several meaningful property components, including concrete/sidewalk work, electrical and metering improvements, and hot-water infrastructure. Location is another significant component of the investment story. The property sits directly along the established Chester Pike corridor in Prospect Park, approximately 10 minutes from Philadelphia International Airport, with convenient access to Route 420, I-95 and SEPTA Regional Rail. Prospect Park is also included in Delaware County's active Six Boroughs Main Street planning initiative, focused on continued revitalization of business districts along Chester Pike and the SEPTA Wilmington/Newark corridor. For investors seeking a manageable mixed-use acquisition, 565 Chester Pike offers existing commercial and residential income, immediate studio lease-up potential, diversified revenue streams and exposure to an actively improving Delaware County corridor. Being sold AS-IS. ________________________________________

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Welker 215-880-2129,

    Compass RE

    Bought with:

    Tom Toole III, RS228901

    RE/MAX Main Line-West Chester

    Loubna Lemgard, RS376868

    RE/MAX Main Line-West Chester

    Source: Bright MLS,MLS#: PADE2114858MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Basement
    • Area: 0
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 4,632
    • Total interior livable area: 4,632 sqft

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 7,500 Square Feet
    • Dimensions: 50.00 x 150.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33000014300
    • Zoning: MIXED
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Quadruplex
    Materials
    • Other
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Prospect Park
    • Municipality: PROSPECT PARK BORO

    Financial & listing details

    • Price per square foot: $117/sqft
    • Tax assessed value: $420,620
    • Annual tax amount: $15,322
    • Date on market: 5/7/2026
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/11/2026Sold$539,900$117/sqft
    Source: Bright MLS #PADE2114858 Report a problem
    9/1/2026Listed for sale$539,900$117/sqft
    Source: Bright MLS #PADE2114858 Report a problem
    6/4/2026Contingent$539,900$117/sqft
    Source: Bright MLS #PADE2114858 Report a problem
    5/27/2026Price change$539,900-6.8%$117/sqft
    Source: Bright MLS #PADE2114858 Report a problem
    5/7/2026Listed for sale$579,000+28850%$125/sqft
    Source: Bright MLS #PADE2114858 Report a problem
    9/13/2024Listing removed$1,400
    Source: Zillow Rentals Report a problem
    8/9/2024Listed for rent$1,400
    Source: Zillow Rentals Report a problem
    10/21/2023Listing removed$2,000
    Source: Bright MLS #PADE2054044 Report a problem
    9/16/2023Listed for sale$2,000-98.8%
    Source: Bright MLS #PADE2054044 Report a problem
    10/14/2009Listing removed$169,900$37/sqft
    Source: CENTURY 21 All-Elite, Inc. #5535942 Report a problem
    7/5/2009Listed for sale$169,900$37/sqft
    Source: CENTURY 21 All-Elite, Inc. #5535942 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 19076

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Interboro

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $539,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $539,800