1121 Elmwood Ave, Sharon Hill, PA 19079

$299,000
2,024
SqFt

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List Price
$299,000
Status
ACTIVE
MLS#
PADE2124490
Living Area
2,024
Lot Size (Acres)
0.08
Style
Converted House
Year Built
1905
County
Delaware
School District
Southeast Delco

Property Description

Triplex priced to sell! Two units are currently tenant-occupied, while the third unit is occupied by the seller. The property has approximately $4,300 in projected total monthly rental income when all three units are rented, providing strong income potential for the next owner. The seller is willing to negotiate a rent-back period and remain in the seller-occupied unit for a few months after settlement. This gives the buyer flexibility while providing an opportunity to transition the property to three income-producing units. The brick twin/semi-detached property features a full basement for additional storage or potential future use, a low-maintenance 0.08-acre lot, and a combination of driveway, off-street, and on-street parking. No HOA fees. An excellent opportunity for an investor looking to acquire a multi-unit property with existing tenants, additional rental potential, and a flexible transition plan. Schedule your showing today!

Additional Information

Area
Sharon Hill Boro (10441)
School District
Southeast Delco
Heating
Forced Air
Cooling
Ceiling Fan(s), Window/Wall
Water
Public
Sewer
Public Sewer
Basement
Full

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Calculator source: Real Geeks

Listing courtesy of Tara Management Services Inc. Contact: