Description
10 N 3rd St,
Darby,
PA
19023
Single twin TURN-KEY opportunity right off the busy Main Street perfectly convenient to transportation right around the corner. Ideal for a family home or investor looking to start/add to a portfolio. Excellent CAP rate! High income producing property with extremely low bills & great POSITIVE cash-flow. Very low maintenance with great on-time paying tenant in place. Rent income produces $540+ positive cash-flow per month & $6.5K+ per year after all expenses! Similar rents in the area are higher so there is room for an increase. Tenant pays their own gas, water, hot water and electricity. Owner pays ONLY Insurance ($572/year) & Taxes ($3,125/year). 3 bedroom, single twin home, tenant occupied, 30 days notice to vacate, $850/mo ($10,200/year). Profit & Loss Math: $10,200 - $572 - $3,125 = $6,503 Positive Cash flow.
Listing By: Springer Realty Group via Data Source: Bright MLS
Duplex Homes
Property type
2761306-PADE2009416
MLS ID
Price History
| date | price | variance | type | global |
|---|
| 1/20/2022 | $90,000 | 6.01 % | Sold | view listing |
| 11/29/2021 | $84,900 | - | Contract |
| 10/27/2021 | $84,900 | - | Listed |
listing agent: Gregory Martire
