MULTI-FAMILY INVESTMENT OPPORTUNITY! INVESTORS - DON'T MISS THIS UNIQUE INCOME PRODUCING OPPORTUNITY! Welcome to this fantastic 1+1 duplex in the Darby section of Delaware County. This large twin sits on an impressive approximate 51' x 126' lot and offers ample parking, plus nine garages that provide additional income potential. Currently,… Read More six of the nine garages are rented, generating approximately $700 per month in additional rental income, with potential to increase revenue even further. Apt#1 features a spacious and comfortable living room, a modern kitchen equipped with appliances, and plenty of cabinet and counter space. The unit also offers a generously sized bedroom with awesome closet space and a full bathroom with a convenient shower/tub combination. Apt#2 offers a similar comfortable layout with a living room/dining room combination, modern kitchen with appliances, ample cabinetry and counter space, a generously sized bedroom with good closet space, and a full bathroom with a shower/tub combination. The property also includes a large, full unfinished basement, accessible from the first-floor unit, offering abundant storage space and potential for future use. Both residential units are currently occupied and producing rental income. Combined with the garage income and potential for future rent increases, this property offers multiple income streams and attractive upside for investors. TWO ADDITIONAL LOTS INCLUDED! Adding even more value, two additional lots are included in the sale. These lots were previously used for a total of five additional garages and have since been converted into vacant lots. The additional lots have a separate 3rd Street address and are located behind the three-car garage on the main property. Potential uses may include a new garage, additional parking, or other permitted uses, subject to zoning, approvals, and verification with Darby Borough. Approximate lot sizes: Lot 1: 54' x 23' & Lot 2: 36' x 18'. Buyers are responsible for conducting their own due diligence and independently verifying all zoning requirements, permitted uses, lot dimensions, and development possibilities with Darby Borough for the 2 additional lots included in the sale. With two occupied rental units, six rented garages out of the nine garages, a large approximate 51' x 126' lot, and two additional lots, this property offers multiple avenues for rental income, expansion, and future growth. Put your money to work and explore the possibilities this unique multi-family investment opportunity has to offer! Conveniently located near schools, shopping, public transportation, and other local amenities. Schedule your appointment today and discover the income-producing potential and possibilities this property has to offer! Read Less
Courtesy of Terrance E Lee, RE/MAX Access 215-400-2600
Listing Snapshot
Days Online
23
Last Updated
Property Type
Duplex
Square Ft.
1,328
Lot Size
0.15 Acres
Year Built
1920
MLS Number
PADE2122620
Additional Details
Appliances & Equipment
Refrigerator, Stove, Water Heater
Basement
Full, Unfinished
Building
Built in 1920, Living area: 1328, Construction Materials: Stucco
Cooling
None
Accessibility Features
None
Exterior Features
Patio/Porch Features: Porch(es), Exterior Lighting, Sidewalks, Street Lights
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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