Converted Dwelling
1121 ELMWOOD AVENUE
SHARON HILL, PA 19079
MLS#: PADE2124490
$299,000
Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1905
Sq.Footage
2,024
Triplex priced to sell! Two units are currently tenant-occupied, while the third unit is occupied by the seller. The property has approximately $4,300 in projected total monthly rental income when all three units are rented, providing strong income potential for the next owner. The seller is willing to negotiate a rent-back period and remain in the seller-occupied unit for a few months after settlement. This gives the buyer flexibility while providing an opportunity to transition the property to three income-producing units. The brick twin/semi-detached property features a full basement for additional storage or potential future use, a low-maintenance 0.08-acre lot, and a combination of driveway, off-street, and on-street parking. No HOA fees. An excellent opportunity for an investor looking to acquire a multi-unit property with existing tenants, additional rental potential, and a flexible transition plan. Schedule your showing today!
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Above Grade Finished Area
2024.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Window Unit(s), Electric
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Asbestos, Brick
-
Parking
Off Street, On Street, Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.08
-
Lot Size(square feet)
3,485
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Converted Dwelling
Price
-
Sales Price
$299,000
-
Tax Amount
$4,595
-
Financing Options
Cash, Conventional, FHA, VA
-
Sq. Footage
2,024
-
Price/SqFt
$147
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
DELAWARE
Elementary School
Middle School
High School
Listing Courtesy of Evan Charles Streeter, Tara Management Services Inc
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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