52 S Morton Ave Immeuble residentiel 19 lots 2 115 061 € (111 319 €/Lot) Taux de capitalisation 6,40 % Morton, PA 19070

52 S. Morton Avenue is a 19-unit multifamily asset located in highly sought-after Morton Borough in Delaware County, Pennsylvania. Strategically positioned in the walkable core of Morton Borough, the Property offers immediate access to regional transit, major employers, and key retail corridors, making it a desirable option for renters seeking convenience and value.
The Property comprises (16) spacious one-bedroom units of ±700 square feet, and (3) well-laid-out efficiency units. This unit mix is perfect for young professionals in the area and is proven with a historical occupancy of 95% or better.
52 S. Morton Avenue benefits from its central location just off Baltimore Pike, with immediate access to Route 1 and I-476 (Blue Route), connecting residents to Center City Philadelphia, the airport, and the surrounding suburbs. The property is less than a 5-minute walk to Morton Station on the SEPTA Media/Wawa Regional Rail Line, providing a direct commuter link to University City and Center City. It is also served by SEPTA’s Route 107 bus, further enhancing regional connectivity. The property is surrounded by a diverse and stable employment base, including Mercy Fitzgerald Hospital (Trinity Health), Boeing, SAP America, and Harrah’s Philadelphia. This broad mix of employers - spanning healthcare, defense, education, and service sectors - supports a steady pipeline of qualified renters.
With current rents approximately 10% to 15% below market, the property presents a compelling value-add opportunity. New ownership can achieve upside through modest renovations to the kitchens, bathrooms, and common areas. Additionally, operational efficiencies can be realized through more streamlined management and expense control, particularly for investors with a local or regional portfolio.
The walkable location, stable occupancy, and manageable scale make 52 S Morton Avenue a prime candidate for both seasoned investors and new entrants seeking a foothold in one of the Philadelphia Region’s most consistently performing rental submarkets.