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Listed by Nicole O'Reilly • EXP Realty, LLC
$625,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PADE2107514
Year Built 1900
Annual Tax Amount $14,407
Tax Year 2025
Lot Dimensions 38.80 x 117.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Available now... Income Producing Property in Drexel Hill. Property consists of 4- 2 bedroom apartments and one commercial unit with good rental history. There is also a garage that is rented for additional income. Tenants pay utilities except common area electric. Operating as a 7.2 cap rate with slightly under market rents. 3 of 4 apartments have been renovated. The 4th was renovated within the past 10 years and has a long term tenant. Common area also freshly painted. This property has high visibility and is convenient to public transportation, shopping and schools. Great opportunity for investors or the savvy house hacker. Current owner pays 5% management fee and payroll fee per apartment. That could be savings for a self managing investor. Contact agent for showings.
Location
State PA
County Delaware
Area Upper Darby Twp (10416)
Zoning C012
Interior
Hot Water Natural Gas
Heating Forced Air, Baseboard - Electric
Cooling Central A/C
Heat Source Natural Gas, Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Garrettford
Middle Schools Drexel Hill
High Schools Upper Darby Senior
School District Upper Darby
Others
Tax ID 16-12-00375-00
Ownership Fee Simple
Special Listing Condition Standard
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