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Listed by Kate Muckenhirn • Coldwell Banker Realty
$ 2,400,000
Est. payment | /mo
0.29 Acres Lot
$ 2,400,000
Est. payment | /mo
0.29 Acres Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PADE2127188
Year Built 1910
Annual Tax Amount $37,765
Tax Year 2026
Lot Size 0.285 Acres
Acres 0.29
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Introducing Harvard Square, a 10-unit apartment building located in Swarthmore, Pennsylvania. Swarthmore is a small, walkable Delaware County borough known for Swarthmore College, its independent downtown business district, and direct regional rail access to Center City Philadelphia. The borough's established residential character and transit connectivity support consistent rental demand, positioning Harvard Square as a durable, long-term hold.
Harvard Square offers (1) studio, (7) one-bedroom, and (2) two-bedroom units, one of which features two full baths. With seven of the ten units configured as one-bedrooms, the mix is well suited to the professionals, graduate students, and downsizers drawn to Swarthmore's walkable setting.
Situated in Delaware County, the Property is served by the SEPTA Media/Wawa Regional Rail Line at Swarthmore Station, providing a direct commute to Center City Philadelphia. Regional road access includes I-476 (the Blue Route), Baltimore Pike, and Route 320 (Chester Road), connecting residents to I-95, Philadelphia International Airport, and employment centers throughout the western suburbs. Swarthmore College and the shops and restaurants of downtown Swarthmore sit within walking distance.
Currently and historically 100% occupied, Harvard Square delivers stable in-place income with a clear path to grow the NOI. In-place rents sit below the owner's proposed rent schedule, allowing a new owner to capture mark-to-market gains organically as leases roll, without the execution of a heavy renovation program.
For investors seeking a manageable, fully occupied foothold in a high-end, walkable, rail-served Delaware County borough, Harvard Square combines manageable scale, a strong location, and embedded upside. The asset's small unit count keeps operations simple, while its Swarthmore address provides the long-term demand fundamentals that support steady appreciation.
Harvard Square offers (1) studio, (7) one-bedroom, and (2) two-bedroom units, one of which features two full baths. With seven of the ten units configured as one-bedrooms, the mix is well suited to the professionals, graduate students, and downsizers drawn to Swarthmore's walkable setting.
Situated in Delaware County, the Property is served by the SEPTA Media/Wawa Regional Rail Line at Swarthmore Station, providing a direct commute to Center City Philadelphia. Regional road access includes I-476 (the Blue Route), Baltimore Pike, and Route 320 (Chester Road), connecting residents to I-95, Philadelphia International Airport, and employment centers throughout the western suburbs. Swarthmore College and the shops and restaurants of downtown Swarthmore sit within walking distance.
Currently and historically 100% occupied, Harvard Square delivers stable in-place income with a clear path to grow the NOI. In-place rents sit below the owner's proposed rent schedule, allowing a new owner to capture mark-to-market gains organically as leases roll, without the execution of a heavy renovation program.
For investors seeking a manageable, fully occupied foothold in a high-end, walkable, rail-served Delaware County borough, Harvard Square combines manageable scale, a strong location, and embedded upside. The asset's small unit count keeps operations simple, while its Swarthmore address provides the long-term demand fundamentals that support steady appreciation.
Location
State PA
County Delaware
Area Swarthmore Boro (10443)
Zoning RC
Interior
Hot Water Electric
Heating Hot Water
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Water Access N
Accessibility None
Total Parking Spaces 6
Garage N
Building
Sewer Other
Water Other
New Construction N
Schools
School District Wallingford-Swarthmore
Others
Tax ID 43-00-00593-00
Ownership Fee Simple
Special Listing Condition Standard
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Nearby Locations
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1017 O Street NW, Washington DC, Washington, DC 20001, USA
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