8831 Gap Newport Pike | Image 1
Virtual Tour
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$1,649,000

For Sale

7 months ago

8831 Gap Newport Pike, Avondale, PA

House

MLS® PACT2110316

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $9,406
Days Active 199
Lot Size 
Approx. Age 1900
MLS® Number PACT2110316

Property Address: 8831 Gap Newport Pike, AVONDALE, PA, 19311-9512

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberPACT2110316
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
DrivewayPrivate Garage, Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 1, 2025List Date
$1,649,000List Price
  • Commute

Commute

Starting Address
Destination Address
8831 Gap Newport Pike, Avondale, PA

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