Excellent opportunity to own a three-unit multifamily property in a desirable and convenient Drexel Hill location! This property features two spacious 2-bedroom, 1-bathroom units, along with a recently converted 1-bedroom, 1-bathroom lower-level unit, offering multiple income streams and excellent investment potential. The newly converted lower-level apartment adds significant value and rental flexibility, with the appropriate zoning variances and permits completed through the township. Each unit is separately metered for gas and electric, providing added convenience and efficiency for both owners and tenants while helping minimize landlord-paid utility expenses. Perfect for investors and owner-occupants alike! This property presents an excellent opportunity to house hack by living in one unit while collecting rental income from the other two to help offset monthly mortgage expenses. Qualified buyers may also be able to take advantage of low-down-payment, owner-occupied financing options, making this an attractive way to enter the real estate investment market while building long-term equity. Conveniently located near shopping, restaurants, public transportation, and major commuting routes, this property provides easy access to everything Drexel Hill and the surrounding communities have to offer. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer interested in building wealth through real estate, this versatile property offers tremendous potential. Don't miss this opportunity to own a three-unit income-producing property in the heart of Delaware County!
Listed By
Agency Name: CG Realty, LLC
Agency Phone: 6105665182
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimated Payment
$ 1,942.94 per month $1,057.14 Principal & Interest $747.25 Property Tax $138.54 Homeowner's Insurance
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655 Drexel Avenue | MLS# PADE2125944
This multi-family property located at 655 Drexel Avenue, Drexel Hill, PA 19026 is currently listed for sale with an asking price of $475,000. Drexel Avenue is located within the UPPER DARBY school district. Search Drexel Hill real estate on www.realtymark.net today.