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.
Listed By
Agency Name: EXP Realty, LLC
Agency Phone: 8883977352
Shown By
Agent Name: Bobbi Washabaugh
Agent Phone: (717) 491-0690
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 2,773.85 per month $1,390.98 Principal & Interest $1,200.58 Property Tax $182.29 Homeowner's Insurance
3617 Garrett Road | MLS# PADE2107442
This multi-family property located at 3617 Garrett Road, Drexel Hill, PA 19026 is currently listed for sale with an asking price of $625,000. Garrett Road is located within the UPPER DARBY school district. Search Drexel Hill real estate on www.yourhomewithbobbi.com today.