BEDS0
BATHS
SQUARE FEET4,150
MLS#PADE2123898
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBEVERLY HILLS
SCHOOLUPPER DARBY
Property Description
Fantastic income-producing opportunity at 7201 Wayne Ave in Upper Darby! This large detached multi-family property is situated on a corner lot and is currently generating $4,400 per month in rental income, with all occupants on month-to-month agreements and tenants paying their own utilities. The property is currently a legally approved duplex, with the process underway to legalize the finished lower level as a third unit. The first-floor unit rents for $1,550/month, and the second-floor unit rents for $1,550/month. Each upper unit offers approximately 1,500 square feet of living space with 2 spacious bedrooms, a full bathroom, large living room, formal dining room, kitchen, and a bonus den currently being used as an additional bedroom. The kitchens and bathrooms are older but well maintained and in good condition. The finished lower level, currently rented for $1,300/month, features 2 bedrooms, a full bathroom, kitchen, separate entrance, and separate utilities. The property has separate utility metering, and tenants pay all utilities, helping make this an attractive income-producing investment. Recent improvements include replacement water heaters and fresh interior paint. Outside, you'll find a large backyard, attractive front yard, 2-car garage, and driveway, with parking areas shared by the occupants. The location adds even more value—just a block from Upper Darby Township's main public library and public transportation, within walking distance of middle and high schools, with an elementary school bus stop conveniently located in front of the property. Shopping, grocery stores, restaurants, and other everyday conveniences are nearby. Approximately 5 miles from Center City Philadelphia and less than 4 miles from the University of Pennsylvania, Drexel University, and major University City hospitals. Whether you're looking to expand your investment portfolio or purchase a multi-family property with strong existing income and additional future potential, 7201 Wayne Ave deserves your attention. Schedule your showing today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Fully Finished
Cooling: Wall Unit, Window Unit(s)
Fireplaces: 1
Fuel Type: Natural Gas
Garage: 2
Heating: Hot Water
Home Style: Colonial
Lot Size: 0.16 Acres
Taxes: $10,749
Year Built: 1920
Feature Descriptions
Accessibility: 2+ Access Exits
Additional Structures: Above Grade, Below Grade
Days on Site: 36
Exterior: Stucco
Lot Dimensions: 0.16 Acre(S)
Municipality: UPPER DARBY TWP
Sewer: Public Sewer
Structure Type: Detached
Three Bedroom Units: 2
Total Garage/Parking Spaces: 4
Two Bedroom Units: 1
Units: 3
Water: Public
Local Schools
High School: UPPER DARBY SENIOR
School District: UPPER DARBY
Listed By / Shown By
Listed By
Agency Name: BHHS Fox&Roach-Newtown Square
Agency Phone: 6103536200
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,091.44 per month $1,057.14 Principal & Interest $895.75 Property Tax $138.54 Homeowner's InsuranceChange Payment Information
7201 Wayne Avenue | MLS# PADE2123898
This multi-family property located at 7201 Wayne Avenue, Upper Darby, PA 19082 is currently listed for sale with an asking price of $475,000. Wayne Avenue is located within the UPPER DARBY school district. Search Upper Darby real estate on www.realtymark.net today.