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Delaware County Investment Properties

INVESTOR ALERT! Recently Renovated 4 unit property (with a potential 5th unit - attic) located less than 4 miles from Philadelphia Airport. The current owner (purchased in 2016) has done extensive renovations and currently operates the property as an Airbnb - see attached document for an itemized list of all furnishings (prefer to sell furnished) and rents. If operated as a Multifamily, market rents for the units should total $5,000-$5,500/month based on rents of similar size units. Rental Comps (attached document) - 1 bed / 1 bath units (within 1 mile) are renting at $1,000-$1,400/month. All Gas/Electric meters are separate. This MOVE IN READY home has tons of potential! UPGRADES include Central A/C throughout (split system in two units), Keyless entry in all units, dishwashers in all units, Laundry in four units (one unit shares with first floor unit), security system and exterior cameras. The unit mix consists of FOUR (4) 1 bedroom / 1 bath units and a studio apartment. The first floor has TWO (2) one bedroom (13x12) /one full bath units and each have an eat in kitchen and a separate living room space (17x13). One of the first floor units (1F) features a gas fireplace (not currently connected). The second floor has a one bedroom (15x11) / one bathroom unit with a large living room (19x15) and a studio apartment (bedroom/living room combo). The potential 5th unit is on the top floor in a renovated attic space featuring an eat in kitchen, living room and bedroom (14x12). Exit outside to a lovely landscaped backyard and designated parking for four cars. The property includes an additional garage in the rear of the property (for storage). Located in a great neighborhood with ample street parking. This home is also located nearby Prospect Park’s famous Park Square which is a beautiful park with a playground. The park also holds summer community events such as free concerts and movie nights along with local vendors and food trucks. Convenient to interstate 95, and the Philadelphia airport, also a short walk to Prospect Park train station. Don't miss out, make your appointment today!

707 Prospect Ave, Prospect Park

Listing courtesy of Keller Williams Real Estate-Blue Bell. Contact: (215) 646-2900

Cash cow with value-add potential!!! Large Victorian Triplex two blocks from the train station. Walk right into the generous sized, covered front porch. Enter the foyer which is open and shows off the original architectural details of the house. The triplex is comprised of a separate unit on each floor. The 1st floor unit has two bedrooms and one full bath. This unit has been recently updated. The 2nd floor unit is very spacious and has one large bedroom with one full bath. This unit has also been recently updated. The 3rd floor unit is another one bedroom, one bath apartment. The rent for this unit is under market and improvements can be done here to increase rents. There is a laundry area on the 1st floor in the back of the house that all tenants have access to (currently, not coin-operated). Also, there is a detached 1 car garage that is separately rented to one of the tenants. The basement can be accessed from the exterior of the home as well as the first floor and houses the mechanicals plus there is plenty of space for storage. Currently, access to this area is not given to the tenants (another potential revenue source). This home is convenient to shopping, transportation, and major highways. Come see this gem for yourself and make an offer! This home will be sold as an as-is sale. If elected, inspections will be for informational purposes only; there will be no repairs or credits. Any municipal resale requirements (ie U&O) will be the responsibility of the buyer.

50 W La Crosse Ave, Lansdowne

Listing courtesy of Oak & Hearth Realty, LLC. Contact: (484) 320-5901

Welcome to 126 S. 5th Street, a fantastic investment opportunity in Darby, PA. This well-maintained property presents a five-unit apartment building that is sure to catch the eye of savvy investors seeking a lucrative addition to their portfolio. Comprising four one-bedroom, one-bathroom apartments and one two-bedroom, one-bathroom apartment, this multi-unit building offers versatility and potential for strong rental income. Each unit provides comfortable living spaces with ample natural light and functional layouts designed for modern convenience. Currently, the property boasts a solid rent roll with all five units occupied. The combined monthly rental income from these units totals $4,372 per month with pro forma rents bringing in $5200 per month. With tenants responsible for all utilities except for cold water, this arrangement ensures minimal expenses while maximizing your return on investment. The prime location of this property ensures easy access to local amenities such as shopping centers, restaurants, parks, and public transportation options. Its proximity to major highways also allows for convenient commuting throughout the region. Investors will appreciate the potential for consistent cash flow from multiple rental units within this well-diversified property. With an already established rent roll generating substantial monthly income and tenants responsible for most utilities costs, you can enjoy passive income streams while minimizing expenses. Darby's vibrant rental market makes this an attractive investment opportunity with strong demand for quality housing options. Whether you are an experienced investor looking to expand your portfolio or someone new to real estate investing seeking passive income streams, this five-unit apartment building offers tremendous potential. Don't miss out on the chance to own this income-generating property! Contact us today to schedule a private tour of 126 S. 5th Street in Darby and explore all the possibilities it holds for your real estate investment goals. We look forward to assisting you on your journey towards financial success!

126 S 5th St, Darby

Listing courtesy of Realty Mark Cityscape-King of Prussia. Contact: (215) 583-7777

This stellar package in the heart of Chester features side-by-side properties: a nearly complete duplex and a shell. These properties offer an excellent opportunity for both homeowners and investors alike. The duplex features two separate units with separate utilities. Meet 424 Highland Ave: With a touch of sweat equity finish the rehab on this legal duplex. Each unit is one (1) bedroom and one (1) bathroom. It has new electricity and most of the plumbing is new. Just add heat and finishes to get rents for $950 - $1200 (based off of area rents) and gross 24k a year. On the first floor, the floorplan is a bedroom, living room, kitchen, and bathroom, with an exit to a spacious rear backyard that goes way back. The second floor features a front bedroom, living room in the center, bathroom, and then kitchen with washer/dryer hookup and rear fire escape exit to the large backyard. Meet 426 Highland Ave: This shell is perfect for the investor who is ready to take on a challenge. Drive-by is recommended, there are no floors. Rehab to a three (3) bedroom for $1300-$1500 in rent or turn it into a 1-1 duplex for $950- $1200 (based off are rents) per unit per month. The huge lot size on both these properties offers many options. At is best use these 2 properties can bring in a total of $48,000 a year!!! Located just a half mile from the Union Soccer Stadium at Subaru Park about 2 miles to Harrah’s Philadelphia Casino and Racetrack. Moments from 95 to easily get to Delaware, Philadelphia or even New York City.

424 Highland Ave, Chester

Listing courtesy of Super Realty Group Delco, LLC.. Contact: (610) 874-7741

Welcome to this stunning duplex listing in the heart of Havertown! This centrally located property sits on a beautifully sidewalked street, offering convenience and charm. Fully renovated and move-in ready, this duplex presents a fantastic opportunity for investors or buyers looking to live in one unit and rent out the other for additional income. **There is a $5,000 lender credit being offered on this property via Brandon Crowther at Movement Mortgage for qualified buyers meeting standard underwriting guidelines.** Projected rental income amounts are: Unit 1: $1,800 Unit 2: $2,600 Total projected annual income: $52,800 See attached document for Proforma breakdown. Rental unit comps are available upon request. The first floor unit of this duplex features a thoughtfully designed one bedroom and one bathroom layout. With access to a finished basement, this unit provides ample space for storage or additional living areas. Step outside onto the back deck or relax on the inviting front porch, both perfect for enjoying outdoor moments. Inside, you'll be greeted by gorgeous high ceilings that add an airy ambiance, complemented by a cozy wood-burning fireplace. The second unit, accessed on the side of the property, is a bright and spacious three-bedroom, two-bathroom haven. Natural light streams through large windows, creating a warm and inviting atmosphere throughout. The layout is designed to maximize comfort and functionality, offering ample space for living, dining, and entertaining. With a large driveway accommodating up to four cars, parking will never be an issue. The property also boasts a backyard oasis, ideal for hosting gatherings, engaging in outdoor activities, or simply unwinding in your own private sanctuary. Situated in the highly sought-after Haverford school district, this property is within walking distance of the esteemed high school, middle school, and the renowned Haverford Library. Additionally, a short stroll takes you to the vibrant Darby Road, where an array of shops and restaurants await your exploration. Indulge in the culinary delights of Buona Sera, House Cup Cafe, Havertown Pizza, The Crossbar, Momoyama Ramen, Brick & Brew, and more. Need to stock up on essentials? The convenience of a nearby Wawa ensures you won't have to venture far. Don't miss out on this incredible opportunity to own a fully renovated duplex in the heart of Havertown. Embrace the potential for passive income or enjoy the convenience of a dual living arrangement while relishing in the vibrant community and amenities that surround this exceptional property. Schedule your viewing today and envision the possibilities that await you!

10 E Marthart Ave, Havertown

Listing courtesy of Compass Pennsylvania, LLC. Contact: (610) 947-0408

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