BEDS0
BATHS
SQUARE FEET4,176
MLS#PADE2120824
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLINTERBORO
Property Description
220-222 Taylor Ave, Essington, PA – Prime 5-Unit Multifamily Investment Opportunity Don't miss this outstanding opportunity to acquire a well-maintained, income-producing 5-unit multifamily property in Essington. The building features four spacious 2-bedroom, 1-bath apartments along with a finished basement efficiency apartment, currently generating $79,800 in annual gross rental income. The current rent roll consists of the efficiency unit at $900 per month, with the remaining apartments renting for $1,150, $1,250, $1,400, and $1,450 per month. In addition to the apartment income, the property includes a detached two-car garage that generates $500 per month in rental income. The garage is situated on its own separate 50' x 100' lot, which is included in the sale, providing additional value and future potential for the next owner. This property offers immediate cash flow with significant upside. The current rents are below market, with comparable two-bedroom units in the area supporting rents of approximately $1,600 per month, creating an attractive value-add opportunity through future lease renewals. The building is equipped with four separate heating systems and four separate water heaters, helping to efficiently serve the residential units and simplify utility management. The owner is responsible for water, common area maintenance, lawn care, and snow removal, with water costs averaging approximately $200 per month. Even with these expenses, the property provides strong income today while offering the potential for increased returns as rents are brought to market levels. Conveniently located near Philadelphia International Airport, I-95, and major employment centers, 220-222 Taylor Ave presents a rare opportunity to acquire a stable multifamily asset with immediate cash flow, rental upside, and the added benefit of a separately deeded garage lot included in the sale. Whether you're an experienced investor or looking to expand your portfolio, this property offers an exceptional combination of current income and long-term appreciation potential.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Garage: 2
Heating: Hot Water
Home Style: Traditional
Lot Size: 0.12 Acres
Taxes: $7,977
Year Built: 1950
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 5
Exterior: Brick
Lot Dimensions: 0.12 Acre(S)
Municipality: TINICUM TWP
Sewer: Public Sewer
Structure Type: Detached
Studio Efficiency Units: 1
Total Garage/Parking Spaces: 2
Two Bedroom Units: 4
Units: 1
Water: Public
Local Schools
School District: INTERBORO
Listed By / Shown By
Listed By
Agency Name: CG Realty, LLC
Agency Phone: 6105665182
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,678.28 per month $1,780.23 Principal & Interest $664.75 Property Tax $233.30 Homeowner's InsuranceChange Payment Information
220 222 Taylor Avenue | MLS# PADE2120824
This multi-family property located at 220 222 Taylor Avenue, Essington, PA 19029 is currently listed for sale with an asking price of $799,900. 222 Taylor Avenue is located within the INTERBORO school district. Search Essington real estate on www.realtymark.net today.