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$699,000
Est. payment /mo
4,000 SqFt
UPDATED:
12/14/2024 03:58 PM
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $174
MLS Listing ID PADE2080926
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $11,272
Tax Year 2023
Lot Dimensions 20.00 x 103.00
Property Description
Rare Investment Opportunity: Fully Occupied 7-Unit Multi-Family in a Highly Desirable Location!
Welcome to an exceptional investment opportunity in one of the most sought-after neighborhoods! This just-renovated 7-unit multi-family building is fully leased and producing steady cash flow – a dream for any investor looking for solid returns.
Fully Occupied – All units are leased with long-term tenants locked in through 2025, ensuring stable and reliable income.
Monthly Income: $6,800+ – Solid cash flow with a potential 10% cap rate makes this an ideal investment for those looking to maximize returns.
7 Units, Recently Renovated – Modernized with fresh renovations, ensuring minimal future maintenance costs.
All Separate Utilities – Tenants cover their own electricity, heating, and hot water, minimizing your operational expenses.
Convenient Access to Public Transit: Near SEPTA's R3 Line and a bus stop on Baltimore Pike, offering great accessibility for tenants who rely on public transportation.
Family-Friendly Area: Just a stone's throw away from Upper Darby School District, making it an attractive location for families seeking quality education options.
Why This is the Perfect Investment:
Steady Cash Flow – With leases in place through 2025, you can count on predictable and consistent rental income.
High Demand Area – The combination of public transit access, proximity to schools, and recent renovations makes this property an attractive option for tenants, ensuring low vacancy rates.
Strong ROI Potential – The 10% cap rate presents an outstanding opportunity for both short-term profits and long-term equity growth.
This turnkey investment offers immediate income and minimal management hassle, with all the hard work already done! Don’t miss out on this rare chance to add a highly profitable, low-maintenance property to your portfolio.
Welcome to an exceptional investment opportunity in one of the most sought-after neighborhoods! This just-renovated 7-unit multi-family building is fully leased and producing steady cash flow – a dream for any investor looking for solid returns.
Fully Occupied – All units are leased with long-term tenants locked in through 2025, ensuring stable and reliable income.
Monthly Income: $6,800+ – Solid cash flow with a potential 10% cap rate makes this an ideal investment for those looking to maximize returns.
7 Units, Recently Renovated – Modernized with fresh renovations, ensuring minimal future maintenance costs.
All Separate Utilities – Tenants cover their own electricity, heating, and hot water, minimizing your operational expenses.
Convenient Access to Public Transit: Near SEPTA's R3 Line and a bus stop on Baltimore Pike, offering great accessibility for tenants who rely on public transportation.
Family-Friendly Area: Just a stone's throw away from Upper Darby School District, making it an attractive location for families seeking quality education options.
Why This is the Perfect Investment:
Steady Cash Flow – With leases in place through 2025, you can count on predictable and consistent rental income.
High Demand Area – The combination of public transit access, proximity to schools, and recent renovations makes this property an attractive option for tenants, ensuring low vacancy rates.
Strong ROI Potential – The 10% cap rate presents an outstanding opportunity for both short-term profits and long-term equity growth.
This turnkey investment offers immediate income and minimal management hassle, with all the hard work already done! Don’t miss out on this rare chance to add a highly profitable, low-maintenance property to your portfolio.
Location
State PA
County Delaware
Area Upper Darby Twp (10416)
Zoning RESIDENTIAL
Interior
Hot Water 60+ Gallon Tank
Heating Baseboard - Electric
Cooling Window Unit(s)
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Upper Darby
Others
Tax ID 16-02-00251-00
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Listed by Gazi Ataseven • HomeSmart Realty Advisors