Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
2,491
Excellent opportunity to own a fully detached 3-unit income-producing property in Sharon Hill, perfect for investors or owner-occupants looking to house-hack! The first floor features a spacious 3 bed, 1 bath unit currently rented at $1,800/month with a lease ending in November 14th. The second-floor unit is a 2 bed, 1 bath that was rented at $1,600/month but is currently vacant. The third-floor 1 bed 1 bath unit is also vacant, with a market rent of approximately $1,100/month. Each unit has its own electric meter and hot water heater, while the property shares one heating system and one water meter. The shared basement includes a washer and dryer for tenant use (free to use), providing added value and convenience. Outdoor amenities include a large shared backyard, front yard, and gravel parking area that accommodates up to 6 vehicles, plus free street parking. A backyard shed offers additional storage. Located directly across from the baseball field and close to public transit, schools, and local amenities, this is a smart investment with room to increase rents and build long-term equity. This property qualifies for a 10K Grant offered by Prosperity Home Mortgage, which can be used for closing costs, rate buy-down, and more. It is fully forgivable to all buyers, not just first-time buyers. Reach out for more information. Additionally, the property qualifies for the CRA program, offering a conventional loan with no mortgage insurance, low down payment and lower interest rate. Don't miss your chance to own a multi-unit property with strong cash flow and future upside! Schedule your showing today!
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Above Grade Finished Area
2491.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Wall Unit(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Oil, Hot Water
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Gravel, On Street, Driveway
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
-
View
Street, Other
Area & Lot
-
Lot Features
Front Yard, Back Yard
-
Lot Size(acres)
0.49
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Other
Price
-
Sales Price
$350,000
-
Tax Amount
8094.0
-
Sq. Footage
2, 491
-
Price/SqFt
$140
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
ACADEMY PARK
Property Features
-
Sewer
Public Sewer
-
Tax Lot
582-000
-
Water Source
Public
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Location
County
DELAWARE
Elementary School
Middle School
High School
ACADEMY PARK
Listing Courtesy of Maria Maria Quattrone Quattrone , RE/MAX @ HOME
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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