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Delaware County Investment Properties

$449,900
Courtesy of EXP Realty, LLC
Welcome to this absolutely Immaculately maintained multi-family unit on 0.3 acres in a beautiful and quiet cul de sac. Located right next to the Darby train station Newark/ Wilmington line. One stop away is University City, two stops away is 30th Street. This property comprises 4 units. 3 units in the main building: a 3 bed 1 bath on the first level and 2, 2 beds and 1 bath on the second and third level. There is also a cottage on the left side of the property that could be used as a primary residence for the new owner! It is a 1 bed 1 bath with plenty of space and completely detached. The first level rents for $975, the second level rents for $875, and the third level rents for $1,000. The detached cottage rents for $850 currently. All of these units are well under market value for rent in the area. Currently it totals $3,700 in rental income per month and $44,400 a year. Every unit is on its own heating system that has been maintained through the years that the current owner has owned the property. Each unit has radiator heat as well as supplemental baseboard heaters. The only exception is the cottage, which is all electric. All units also have their own circuit box in the unit as well as a master box in the basement for each separate unit. Tenants pay for their own electrical and heat. There are hard-wired smoke detectors as well as carbon monoxide detectors in every unit. There are professional grade locks for each unit where all you have to do is change the core of the lock and the owner has a master key that opens every unit. Each unit also has a video intercom system that also has a master panel in the basement. The basement contains a coin-operated dryer that costs $2 to operate, another source of income, as well as a washer that is not coin operated but one could be installed very easily. There are also two 10’x11’ storage units that could be rented for more income as well. This is an absolutely incredible property that could make its new owner a lot of money! The owner never pursued it but supposedly there could be other structures built on the land. Please refer to pictures as well as the video and 3d rendering that are attached! The unit is fully rented so please give the owner and tenants ample time before requesting a showing.

306 S 4th St, Darby

Listing courtesy of EXP Realty, LLC.

$325,000
Courtesy of Keller Williams Main Line
Brick Victorian twin built circa 1900 and converted into three apartment units in 1954..The internal stair case has been removed, and replaced with an external brick stair tower at the front of the building.which adds extra living space in each apartment. The external stair tower, built in 1987, connects the three apartment levels and the basement. First floor unit – Rent $1,080 – Four rooms plus kitchen, bath and outside deck Apartment features living room with corner fireplace and triple front windows with transom. Kidney shaped entrance foyer, office/den with ceiling fan and closet. Formal dining room with pass thru to galley kitchen featuring maple cabinets, installed 2019, tiled backsplash, stainless steel appliances; refrigerator, dishwasher, gas range and microwave, recessed lighting and outside entrance to deck. Main bedroom has four windows and connecting tiled bath. Intercom-entry. Random-width red pine hardwood floors and original architectural details inside and out. Second floor unit – Rent $1,135 - Three rooms plus kitchen and bath Unique floor plan features kidney shaped entrance foyer / den with ceiling fan, this area is commonly used as an office / den or living space. Eat-in kitchen with glass front cherry cabinets, pantry closet, stainless steel appliances; dishwasher, gas range, microwave and refrigerator. Two large rooms each with closets and ceiling fans may be used as bedrooms or living space. One room has four widows on three exterior walls and the other has three windows on two exterior walls. Tiled bath. Additional closet space, intercom entry, random-width red pine hardwood floors and original architectural details inside and out. Third floor unit – Rent $1,095 - Three rooms plus kitchen and bath Charming third floor apartment features living room with French door, ceiling fan, recessed lights, closet and outside entrance. Kidney shaped entrance foyer - office /den, with recessed lights and ceiling fan. Bedroom with ceiling fan and two closets. Tiled bath has large linen closet. Fully equipped eat-in kitchen with stainless steel appliances, gas range with self-cleaning oven, microwave, dishwasher, refrigerator, tall pantry cabinet, deep under-mount kitchen sink and tiled backsplash. Inter-com entry. Nooks and crannies, curved walls, random-width red pine hardwood floors, original architectural details and contemporary amenities make this a very comfortable, cozy, and desired living space. Landlord pays electric, gas, & water. Gas fired HW boiler and gas fired water heaters. Washer and dryer in basement for tenant use. Tenants pay extra $50 per month for use of each apartment air conditioner.Just a few blocks to the Train Station, Shopping and the Library and Arts Center. Lansdowne is only 15 minutes from University City, the Airport, I-476 and boasts an Open Air Farmer's Market, an Award Winning Symphony Orchestra, a Folk Club, Arts and Music events, Etc. The restoration of the Historic Lansdowne Theater is well underway! This Historic Village is close to everything.

46 E Stewart Ave, Lansdowne

Listing courtesy of Keller Williams Main Line.