MULTI-FAMILY INVESTMENT OPPORTUNITY! INVESTORS—DON’T MISS THIS UNIQUE INCOME PRODUCING OPPORTUNITY! Welcome to this fantastic 1+1 duplex in the Darby section of Delaware County. This large twin sits on an impressive approximate 51' x 126' lot and offers ample parking, plus nine garages that provide additional income potential. Currently, six of the nine garages are rented, generating approximately $700 per month in additional rental income, with potential to increase revenue even further. Apt#1 features a spacious and comfortable living room, a modern kitchen equipped with appliances, and plenty of cabinet and counter space. The unit also offers a generously sized bedroom with awesome closet space and a full bathroom with a convenient shower/tub combination. Apt#2 offers a similar comfortable layout with a living room/dining room combination, modern kitchen with appliances, ample cabinetry and counter space, a generously sized bedroom with good closet space, and a full bathroom with a shower/tub combination. The property also includes a large, full unfinished basement, accessible from the first-floor unit, offering abundant storage space and potential for future use. Both residential units are currently occupied and producing rental income. Combined with the garage income and potential for future rent increases, this property offers multiple income streams and attractive upside for investors. TWO ADDITIONAL LOTS INCLUDED! Adding even more value, two additional lots are included in the sale. These lots were previously used for a total of five additional garages and have since been converted into vacant lots. The additional lots have a separate 3rd Street address and are located behind the three-car garage on the main property. Potential uses may include a new garage, additional parking, or other permitted uses, subject to zoning, approvals, and verification with Darby Borough. Approximate lot sizes: Lot 1: 54' x 23' & Lot 2: 36' x 18'. Buyers are responsible for conducting their own due diligence and independently verifying all zoning requirements, permitted uses, lot dimensions, and development possibilities with Darby Borough for the 2 additional lots included in the sale. With two occupied rental units, six rented garages out of the nine garages, a large approximate 51' x 126' lot, and two additional lots, this property offers multiple avenues for rental income, expansion, and future growth. Put your money to work and explore the possibilities this unique multi-family investment opportunity has to offer! Conveniently located near schools, shopping, public transportation, and other local amenities. Schedule your appointment today and discover the income-producing potential and possibilities this property has to offer!
Listed By
Agency Name: RE/MAX Access
Agency Phone: 2154002600
Shown By
Agency Title: Lewith & Freeman
Agency Phone: (570) 288-9371
Estimated Payment
$ 2,335.46 per month $1,935.57 Principal & Interest $300.75 Property Tax $99.14 Homeowner's InsuranceSend an email with a link to
202 Greenway Avenue, Darby, PA 19023.
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202 Greenway Avenue | MLS# PADE2122620
This multi-family property located at 202 Greenway Avenue, Darby, PA 19023 is currently listed for sale with an asking price of $339,900. Greenway Avenue is located within the WILLIAM PENN school district. Search Darby real estate on www.lewith-freeman.com today.