Property
Beds
2
Full Baths
None
1/2 Baths
None
Year Built
1927
Sq.Footage
3,071
Welcome to this fantastic income-producing duplex in the heart of Drexel Hill! The first-floor unit is a spacious 2-bedroom, 2-bath apartment featuring a large living room and dining area, along with a generous eat-in kitchen that offers ample cabinet and counter space for storage and meal preparation. Just off the kitchen, a separate laundry room includes a large closet that can be used as a pantry or additional storage. This unit also has basement access, where the second bathroom and extra storage space are located. Currently, it is rented on a month-to-month basis for $1,500 per month. The second unit is a newly renovated bi-level apartment occupying the second and third floors. As you walk up to the second floor, you’ll find a spacious living room, a modern eat-in kitchen with new cabinets and countertops, and an in-unit laundry area. This level also includes one bedroom and a full bathroom, with access from both the bedroom and hallway. The third floor features three additional generously sized bedrooms and a second full bath with a shower stall. Like the first unit, this apartment has separate utilities, all paid by the tenants. It is currently rented on a month-to-month basis for $1,750 per month. The property boasts a large backyard and a driveway with parking for six or more cars. Conveniently located near major routes including RT1, Baltimore Pike, the Blue Route, and I-95, the home is also within walking distance of public transportation. Nearby amenities include schools, parks, playgrounds, shopping, and a variety of local dining options, such as Artillery Brewing, Station Tap, Hanrahan’s Irish Pub, and Ming’s Coffee & Tea. Both units are currently rented below market value, with 2-bedroom units in the area renting for up to $1,800 per month and 4-bedroom units exceeding $2,000 per month. This property has the potential to generate over $4,000 per month in rental income, making it an excellent investment opportunity!
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s)
-
Total Bedrooms
2
-
Bathrooms
N/A
-
Above Grade Finished Area
3071.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Asbestos
-
Parking
On Street, Driveway
-
Patio and Porch Features
Porch
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.18
-
Lot Size(square feet)
7,840
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Colonial
Price
-
Sales Price
$350,000
-
Tax Amount
$8,032
-
Financing Options
Cash, Conventional
-
Sq. Footage
3,071
-
Price/SqFt
$113
HOA
-
Association
No
School District
-
Elementary School
GARRETTFORD
-
Middle School
DREXEL HILL
-
High School
UPPER DARBY SENIOR
Property Features
-
Stories
3
-
New Construction
NO
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Tax Lot
490-000
-
Water Source
Public
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Location
County
DELAWARE
Elementary School
GARRETTFORD
Middle School
DREXEL HILL
High School
UPPER DARBY SENIOR
Listing Courtesy of C. Joseph Darrah , KW Empower
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Owner, Chief Executive Officer, Portfolio Advisor
Nick Polinchock
Call Nick today to schedule a private showing.
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