New Listing
655 Drexel Ave,DREXEL HILL, PA 19026
DREXEL HILL, PA 19026
Description
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!
Details
| MLS # | PADE2125944 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1952 |
| Days On Site | 2 |
| Listing Provided By | CG Realty, LLC | Robert A. Gerrard |
Features
| SQ Feet | 2,645 |
|---|---|
| Basement | Y |
| Units | 1 |
| Zoning | RESIDENTIAL |
| Acreage | 0.10 |
Interior
| Cooling | Window Unit(s), Multi Units |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
Exterior
| Construction Materials | Brick |
|---|---|
| Foundation Details | Concrete Perimeter |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Parking, Private |
Utilities
| Utilities | Electric Available, Natural Gas Available |
|---|
Taxes
| Tax Annual Amount | 8967 |
|---|
Area Information
| State | PA |
|---|---|
| County | DELAWARE PA |
| City | DREXEL HILL |
| Zip Code | 19026 |
| Area | Upper Darby Twp (10416) |
| Community Name | DREXEL HILL |
| School District | UPPER DARBY |
| Listing VS Median (in DREXEL HILL) | |
Price: $475,000 low | high Med: $299,500 sqft: 2,645 low | high Med: 2,600 $ / sqft: $180 low | high Med: $115 On site: 2 low | high Med: 231 | |
Market Activity 19026
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Learn More About This Property
| State | PA |
|---|---|
| County | DELAWARE PA |
| City | DREXEL HILL |
| Zip Code | 19026 |
| Area | Upper Darby Twp (10416) |
| Community Name | DREXEL HILL |
| School District | UPPER DARBY |
| Listing VS Median (in DREXEL HILL) | |
Price: $475,000 low | high Med: $299,500 sqft: 2,645 low | high Med: 2,600 $ / sqft: $180 low | high Med: $115 On site: 2 low | high Med: 231 | |
