Contemporary
200 BARKER AVENUE
SHARON HILL, PA 19079
MLS#: PADE2102628
$440,000
Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
2002
Sq.Footage
2,198
Turnkey, fully occupied duplex delivering immediate cash flow from day one. 200 Barker Avenue presents a rare investment opportunity in Sharon Hill with strong in-place income, low operating expenses, and long-term upside potential. Built in 2002/2004 — significantly newer than much of Sharon Hill’s housing stock — this property offers lower long-term capital expenditure exposure compared to older multifamily inventory throughout the area. Recent improvements include brand-new kitchens, updated flooring, new roof, and upgraded HVAC systems, making this a true turnkey asset with no deferred maintenance. The property consists of two spacious 2-bedroom, 1-bath units totaling approximately 2,198 square feet. Additional features include separate utilities, separate laundry hookups for each unit, common basement storage, exterior lighting on timers, rear yard space, and a private four-car driveway situated on a corner lot. Investment Highlights: • Gross Annual Rental Income: $43,200 • Verified Annual Operating Expenses: Approximately $10,920 • Projected Net Operating Income (NOI): $32,280/year • Estimated Cap Rate: 7.3% at $440,000 purchase price • Unit 1 Rent: $1,800/month through March 31, 2027 • Unit 2 Rent: $1,800/month through June 30, 2026 (renewal pending) • Tenants pay all utilities — separately metered gas & electric • Long-term, reliable tenants already in place • Potential future upside through rent increases • Seller financing considered for the right structure Located near SEPTA Regional Rail with convenient access to Philadelphia and surrounding employment hubs, the property benefits from strong rental demand, stable occupancy trends, and an established Delaware County rental market. Investment package available upon request, including rent roll, lease copies, and expense history.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Above Grade Finished Area
2198.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding, Aluminum Siding
-
Parking
Asphalt, Off Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Front Yard, Back Yard
-
Lot Size(acres)
0.12
-
Lot Size(square feet)
5227.0
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Contemporary
Price
-
Sales Price
$440,000
-
Tax Amount
$9,384
-
Sq. Footage
2, 198
-
Price/SqFt
$200
HOA
-
Association
No
School District
-
Elementary School
SHARON HILL
-
Middle School
N/A
-
High School
ACADEMY PARK
Property Features
-
New Construction
NO
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Tax Lot
602-000
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
DELAWARE
Elementary School
SHARON HILL
Middle School
High School
ACADEMY PARK
Listing Courtesy of Johnny Jones , Keller Williams Realty - Marlton
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.