Great investment opportunity. Fully occupied!!!!! Money maker mixed used multi-family. Monthly Rental income 4100. Two front commercial/office/business/store units and Two back residential apartments, plus Back Garage /Storage area . Unit#1) 1st Floor Store Front -Convenient Store with 1 powder room , Current Rent 900/M Unit#2) 2nd Floor FRONT office -Photography Digital Studio with 1 powder room, Current rent 900/M Unit#3) 2nd Floor BACK 1 Bedroom apartment, rented 1000/M Unit#4) 3rd Floor, 1 Bedroom Apartment current rent 1000/M . Back Garage,parking and Storage Rented for 300/M . All 4 units and back Garage rented!!!!! Tenants pay their own electricity. Annual total rental income 50K and total annual expenses 12K, Net Rental income 38K. Money maker investment property, well maintained ,excellent condition with recent upgrades , very convenient location next to 69th St subway and bus. Possible sellers financing for qualified buyers.
Listed by Taufiq Hasan
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License #RS280930
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Long & Foster Real Estate, Inc.
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6102466218
Last updated October 01, 2025
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Source: BrightMLS #PADE2101316
Listing Facts
TypeMulti-family
NeighborhoodBlywood
Days on Prevu22
Taxes$5,470/year
Size2,500 sqft
Price per sqft$180
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/01/2025
Listed by Long & Foster Real Estate, Inc.
$449,900
Property Details for 228 Long Lane
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Property Condition: Excellent
Roof: Flat, Shingle
Stories Total: 3
Year Built: 1950
Architectural Style: Transitional
Construction Materials: Brick, Brick Front
Features
Other Structures: Above Grade, Below Grade
View: Street, City
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Dimensions: 25
Lot Size Source: Assessor
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 8.5
Gross Income: $50,000.00
Operating Expense Includes: Insurance,Trash
Taxes
Tax Annual Amount: $5,470.00
Tax Year: 2025
Interior
Features
Fireplace: No
Flooring: Luxury Vinyl Plank, Vinyl
Measurements
Living Area: 2,500
Living Area Source: Estimated
Other
Features
Accessibility Features: Other
General
Exclusions: Tenants personal property .Store/Business equipment's/improvement's/merchandises.
Location
Tax Lot: 820-000
Parking
Parking
Garage Spaces: 1
Garage: Yes
Parking Features: Private
Schools
High School
High School: UPPER DARBY SENIOR
Middle or Junior School
Middle Or Junior School: BEVERLY HILLS
Utilities
Equipment
Cooling: Wall Unit, Window Unit(s), Ductless/Mini-Split
Electric: 220 Volts, 110 Volts
Heating: Hot Water, Baseboard - Hot Water, Wall Unit, Other
Has Heating: Yes
Sewer: Public Sewer
Utilities: Cable TV, Electric Available, Multiple Phone Lines, Water Available, Sewer Available
Water Source: Public
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