Average square foot calculated using Size range provided by listing agent.
Description
Welcome to 1227 Eddystone Avenue, a rare and highly desirable 1, 275 sq ft brick duplex located in the historic Eddystone section of Delaware County. This fully leased, income-producing property features two tenant-occupied one-bedroom apartments, each offering comfortable layouts, modern amenities, and separate entrances and utilities. Ideal for investors seeking immediate cash flow or owner-occupants looking to live in one unit while earning rental income from the other, this multifamily home combines functionality, location, and value. The property includes a partially finished basement with laundry hookups and additional storage space, a private driveway, garage, front yard, a covered front porch, and a rear deck—offering both charm and convenience. With its solid construction and appealing layout, this duplex delivers long-term potential for stable occupancy and steady returns. Strategically located just 10 minutes from the Philadelphia International Airport, the property offers quick and easy access to major highways including I-95 and I-476, as well as nearby shopping centers, restaurants, and local amenities. It is also in close proximity to Widener University (approximately 2 miles), Swarthmore College (5 miles), and the University of Pennsylvania (12 miles), making it an attractive rental option for students, faculty, and professionals alike. From an investment standpoint, this property is highly competitive. Current market rents for one-bedroom units in the Crum Lynne area average around $1, 100 per month. Additionally, the 2024 HUD Section 8 Fair Market Rent for a one-bedroom unit in Delaware County is $1, 451 per month, presenting significant upside potential for rental increases upon tenant turnover or through Section 8 participation. With both units already occupied and generating income, and with separate utilities in place, this property offers immediate returns with minimal operational complexity. In a market with extremely limited multifamily inventory, this opportunity stands out as a prime acquisition for savvy buyers. Whether you're expanding your portfolio or entering the investment market, 1227 Eddystone Avenue is a smart, strategic purchase with location, income, and appreciation potential. Schedule your private tour today and secure one of the area’s most attractive multifamily investments.Show Description
MLS® NumberPADE2091288
Laundry Level
Central VacNo
FireplaceNo
Acreage0.04
ExteriorSidewalks, Street Lights
GarageYes
Approx. Age1940
BasementPartially Finished, Basement Garage
DrivewayConcrete Driveway, On Street, Driveway, Attached Garage, Other
Garage Spaces
HeatRadiator, Natural Gas
A/CNone
Heating Fuel
Extras
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