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LONG UPPER DARBY, PA 19082
- Commercial / Owner Financing
Property Details for LONG St, UPPER DARBY, PA 19082
Features
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Facts
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Description
This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.
Investor Alert!!!! 3 story ,recently renovated twin . 3rd floor and 2nd floor two apartments , 1st floor front and back two office/ business . Monthly rent 3100. Garaneted income. All updated units ,all units long term tenant occupied. 1st flr FRONT store front/office/church with 1 powder rooms, small religious gathering/Church rent 600/M . 1st floor BACK Office with powder room and 1 car parking , rent 650/M . 2nd flr is a 3 bdrm apt w/renovated kitchen & huge LR.,bath rent $1100/month. 3rd flr: 1 bdrm, 1 bath, LR, kitchen.. bath, Rent $750/month. Sep electric meter. Total Monthly Rental Income=600+650+1100+750=3100 , Yearly expenses Tax, Insurance, Gas Heat, Gas Hot water, Water. Trash, Sewer total =10000. Net operating Income= 27000/year. Unit#1 3rd flr: Fully renovated, nice hardwood floor, 1 bdrm, 1 bath, LR,EatIn kitchen..rents $750/month. Apx. 700sf. Unit#2 2nd flr is a 3 bdrm ,1 bath (4 piece) apt w/renovated kitchen & huge LR..rent $1100/month. Apx. 1200sf .Both apartments renovated newer kitchen, bath, windows, door. Investment opportunity like this difficult to find. If owner wants to live in one unit and run business in first floor will work great also. Endless possibilities. All long term tenants paying below market rent. Turn key investment!!! Act today don't let someone else take this opportunity. Sellerss financing option available for qualified buyers!!! Call to discuss!!! 1. Unit#1. 3rd floor 1bed1bath 750/m 2. Unit#2. 2nd floor 3bed1bath 1100/m 3. Unit#3. 1st floor Front office Church 600/m 4. Unit#4. 1st floor BACK office Real Estate 650/m Total yearly rent = 3100*12= 37200 All on month to month lease, long term tenants. All tenants willing to stay. Pays own electric. Owner pays: Real Estate tax =4100,Insurance =2000,Township sewer and trash =1100,Water AQUA 80/m = 960,Heat PECO gas 150/m = 1800,Total expenses = 10k Net operating Income = 27200/ year. Excellent investment opportunity, with most of the updates done last few years. Nothing to do.
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