6 unit apartment building available, currently fully occupied. The four 1-Bedroom units' average rent is 680 and the two 3-bedroom units go for 1,100. Building has parking lot in rear with 1 spot for each apartment. Leases were all renewed prior to listing for another year. Very motivated, bring all offers to take advantage of this great investment opportunity!
Looking for OFFICE/ BUSINESS SPACE with ample off-street parking, a great investment opportunity, positive cash flow AND little maintenance? Look at this building! This 3-unit building is mixed use (R-3 zoning) and offers main floor office space (as of August 1, 2014) PLUS 2 large apartments. The main floor could be used for a variety of purposes including professional office space (Doctor, Lawyer, CPA and more). The 1st floor apartment has ornate woodwork throughout and offers three bedrooms, 1.5 baths, a modern Eat-in Kitchen, a Living Room, a Dining Room, a Playroom (possible 4th bedroom) and a Porch. The 2nd floor apartment offers 2 bedrooms, 1.5 baths, a newer modern Kitchen, an office and a washer/ dryer. The apartment tenants have been here for some time and seem inclined to stay when the building is sold. The lot (103x113) offers ample private, off-street parking with 18 parking spaces. New vinyl siding in 2011; new roof in 2011; new windows in 2011; new heater in 2006. Separate Utilities. This location offers great visibility and a great rental history.
ALL RENTS ARE PROJECTED. PROPERTY IS CURRENTLY NOT RENTED OUT. Spacious stone home with three nice size two bedroom apartments. Gleaming Hardwood floors and interesting millwork throughout. Unit 1- Large sun porch across the front provides a private entrance, spacious sunny living room, dining room, kitchen, two bedrooms and a hall bath. Unit 2- Enter through a common entrance on the side of the house. Stairway leads to entry door. Large living room with door to a porch, dining room, kitchen, 2 bedrooms and a hall bath. Unit 3- Large living room, kitchen, two bedrooms and a hall bath. Very nice home, lovely neighborhood.
Investor Alert - Havertown/Drexel Hill Area! Prime Duplex Apartment Building (Residential Zoning) with Ideal location for Tenants. Two fully rented units with good rental history and income. The Units include: 2 Bedrooms, new/newer Baths with gas stoves, updated Kitchens, Dining Rooms/computer areas,4 large closets, linen closets, newer painting & carpeting. Basement area for storage and 2 car Garage with new Garage door. Each Apartment has separate utilities and washer/dryer hook ups. Tenants pay all utilities including water; 2 new Heaters/Central Air and Roof (2013); 2 car Garage with access to Basement for entry/ storage. Easy maintenance stucco exterior. Ideal location for Renters; across from The New Quarry Center with stores including Lowe's & Giant Food Market; walk to transportation & easy access to Rtes. 1,3, 476.
Very well maintained duplex in Drexel Hill. each unit, you enter into large LR, large DR, Eat-in Kitchen, Tile Bathrooms, and 2 Large Bedrooms! Hardwood floors throughout, Ceramic tiled kitchen floors, Newer replacement windows. Main roof done approx: 5 yrs ago, Skylights done last 2 years. Heating system, C/A, Hot water heaters all done in 2003. Brand New Steel Garage doors! Extra large 2 car garage, 2 sets of Washer/Dryer included, and plenty of Storage space! Owner lives on 1st floor, and 2nd floor has consistantly received $900.00/mo for the last 7 yrs! Great bones, mechanicals and Ready to Go! Great Investment! Live in 1st Unit and Rent the other, or Rent Both and start collecting $1800.00 or better on your Investment! Absolutely ready for the Buyer either way. No repairs what-so-ever to do! Make an Appointment, Offer, and move in immediately! Very Motivated Seller!!
Maintained Duplex and tenants keep their space nice. 1 Burner on Electric Stove unit 1 not working and slow drip in Unit 1 Bath. Located close to everything including public transportation. First Floor Room dimensions under docs in trendmls.. A Twin duplex with plenty of light. Enter front foyer to first floor which is fully occupied. Cap rate suffers because both units are under Rent for type and locality. Tenant storage in Basement and each 1 side of garage. No Appliances included in Sale. Grass cutting and Snow removal not included in expenses as it was a negotiable item with 2nd floor tenant. This may change with change of owner and adjustment to Rent. Consider this in the buildings cash flow. Realistic Rent for first floor $950 - 975; 2nd floor $925 - 950. Newer Heater and Hot Water Heater. No Air Conditioning. Appointment Center will make arrangements through listing realtor and to show with greatest success give 48 hours notice or show on weekend. Layout of 1st Floor similar to Unit 2. Pictures of Unit 1 are very current. Both tenants as of 4/30/2014 are up to date and cooperative. Owner wants to sell bring an offer.
Excellent Investment Opportunity! Well Built Stone, Brick & Sided Twin Duplex located in popular Pilgrim Gardens. Each apartment consists of living rm, dining area, modern kitchen with gas range and built-in dishwasher, 2 BR's and a bathroom. Separate Utilities except water. All major systems have been replaced in the past 5 years (heaters, central air units, 100 AMP electric panels and gas h/w heaters). Brand New shingle roof in April/2014 (complete tearoff) and brand new vinyl siding. 2 car attached garage. Basement has laundry facilities and storage bins for each tenant. Excellent location! First Floor will be completely renovated.
Pilgrim Garden's duplex Apartments rent readily. Best suited for a handyman/Investor. Property sold As Is but don't be deceived a little fix up and you have a good investment. Garage has been converted and presently relative of first floor tenant lives there at $400 per month adding to the income mix. Plenty of storage area available in Lower level. U&O to be final say but it is believed by administrator that occupant in basement possible if related to 1st floor tenant. It is not zoned as a triplex. Central Air in first floor unit no 2nd. In order to show units together the showings can be scheduled from Wednesday through Sunday and in addition there has to be 24 hour notice. We expect total cooperation of tenants if we do not look for exceptions to this request. Pets have been permitted in premises. Tenants are on a month to month lease. Property has positive cash flow plus any tax advantages projected by your tax professional. Units are rented under value. If you are looking to negotiate a price this is the property.
Excellent Investment Opportunity! Well Built Stone, Brick & Sided Twin Duplex located in popular Pilgrim Gardens. Each apartment consists of living rm, modern eat-in-kitchen with gas range, 1 BR and a bathroom. Separate Utilities except water. All major systems have been replaced in the past 5 years (heaters, central air units, 100 AMP electric panels and gas h/w heaters). Brand New shingle roof in April/2014 (complete tearoff) and brand new vinyl siding. One car attached garage. Basement has laundry facilities and storage bins for each tenant. Excellent location!
Stone and brick duplex in popular Pilgrim Gardens. Two 1 bedroom units. First floor unit was just vacated; owner has a new tenant unless someone wants to "owner occupy". Basement with storage, laundry, outside exit, and exit to one car garage which is also rented for $700/year. Well maintained and updated. Newer windows. Hardwood floors. Separate utilities. Convenient to shopping, transportation and schools. Priced to sell. Call today!!!