BEDS0
BATHS
SQUARE FEET2,198
MLS#PADE2119074
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSHARON HILL
SCHOOLSOUTHEAST DELCO
Property Description
Turnkey, fully occupied duplex delivering immediate cash flow from day one. 200 Barker Avenue presents a rare investment opportunity in Sharon Hill with strong in-place income, low operating expenses, and long-term upside potential. Built in 2002/2004 — significantly newer than much of Sharon Hill’s housing stock — this property offers lower long-term capital expenditure exposure compared to older multifamily inventory throughout the area. Recent improvements include brand-new kitchens, updated flooring, new roof, and upgraded HVAC systems, making this a true turnkey asset with no deferred maintenance. The property consists of two spacious 2-bedroom, 1-bath units totaling approximately 2,198 square feet. Additional features include separate utilities, separate laundry hookups for each unit, common basement storage, exterior lighting on timers, rear yard space, and a private four-car driveway situated on a corner lot. Investment Highlights: • Gross Annual Rental Income: $42,600 • Verified Annual Operating Expenses: Approximately $12,239 • Projected Net Operating Income (NOI): $30,361/year • Estimated Cap Rate: 7.3% at $440,000 purchase price • Unit 1 Rent: $1,800/month through March 31, 2027 • Unit 2 Rent: $1,750/month through June 30, 2027 (renewal pending) • Tenants pay all utilities — separately metered gas & electric • Long-term, reliable tenants already in place • Potential future upside through rent increases • Seller financing considered for the right structure Located near SEPTA Regional Rail with convenient access to Philadelphia and surrounding employment hubs, the property benefits from strong rental demand, stable occupancy trends, and an established Delaware County rental market. Investment package available upon request, including rent roll, lease copies, and expense history.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Hot Water
Home Style: Contemporary
Lot Size: 0.12 Acres
Roof Type: Unknown
Taxes: $9,969
Year Built: 2002
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Built-In Range, Dishwasher, Dryer, Refrigerator, Washer
Days on Site: 10
Exterior: Aluminum Siding, Vinyl Siding
Flooring: Carpet
Lot: Front Yard, Rear Yard, SideYard(s)
Lot Dimensions: 0.12 Acre(S)
Municipality: SHARON HILL BORO
Parking Notes: Asphalt Driveway
Sewer: Public Sewer
Structure Type: Detached
Two Bedroom Units: 2
Units: 2
Utilities: Multiple Phone Lines
Water: Public
Local Schools
High School: ACADEMY PARK
Elementary School: SHARON HILL
School District: SOUTHEAST DELCO
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty - Marlton
Agency Phone: 8564416800
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 1,837.64 per month $890.23 Principal & Interest $830.75 Property Tax $116.67 Homeowner's InsuranceChange Payment Information
200 Barker Avenue | MLS# PADE2119074
This multi-family property located at 200 Barker Avenue, Sharon Hill, PA 19079 is currently listed for sale with an asking price of $399,999. Barker Avenue is located within the SOUTHEAST DELCO school district. Search Sharon Hill real estate on www.realtymark.net today.