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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PADE2096036
Year Built 1940
Annual Tax Amount $11,666
Tax Year 2025
Lot Dimensions 20.00 x 103.00
Property Sub-Type Five Or More Units
Source BRIGHT
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 almost fully leased just one unit is vacant and producing steady cash flow – a dream for any investor looking for solid returns.
4 Units are occupied and are collecting $4200+– All units are leased with long-term tenants locked in through 2025, ensuring stable and reliable income.
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.
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
Special Listing Condition Standard
Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and homebuyers in finding their perfect piece of paradise in New Jersey.
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