4,000 SqFt
4,000 SqFt
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
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
Emma's success as a real estate agent is driven by her unwavering commitment to honesty, integrity, and professionalism. With her deep knowledge of the local market and her dedication to exceptional service, Emma is confident that she can help you achieve your real estate goals.