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Key Facts

Type Triplex
Levels Residential Income
Size 2491 sqft
Garage No
Taxes $8,094
Days Active 23
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $140
MLS® Number PADE2093968

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity to own a fully detached 3-unit income-producing property in Sharon Hill, perfect for investors or owner-occupants looking to house-hack! The first floor features a spacious 3 bed, 1 bath unit currently rented at $1, 800/month with a lease ending in November 14th. The second-floor unit is a 2 bed, 1 bath that was rented at $1, 600/month but is currently vacant. The third-floor 1 bed 1 bath unit is also vacant, with a market rent of approximately $1, 100/month. Each unit has its own electric meter and hot water heater, while the property shares one heating system and one water meter. The shared basement includes a washer and dryer for tenant use (free to use), providing added value and convenience. Outdoor amenities include a large shared backyard, front yard, and gravel parking area that accommodates up to 6 vehicles, plus free street parking. A backyard shed offers additional storage. Located directly across from the baseball field and close to public transit, schools, and local amenities, this is a smart investment with room to increase rents and build long-term equity. This property qualifies for a 10K Grant offered by Prosperity Home Mortgage, which can be used for closing costs, rate buy-down, and more. It is fully forgivable to all buyers, not just first-time buyers. Reach out for more information. Additionally, the property qualifies for the CRA program, offering a conventional loan with no mortgage insurance, low down payment and lower interest rate. Don't miss your chance to own a multi-unit property with strong cash flow and future upside! Schedule your showing today!Show Description
MLS® NumberPADE2093968
Laundry Level
Central VacNo
FireplaceNo
Acreage0.49
ExteriorSidewalks, Street Lights
GarageNo
Approx. Age1925
BasementFull
DrivewayGravel Driveway, Driveway, On Street
Garage Spaces
HeatHot Water, Oil
A/CWall Unit, Electric
Heating Fuel

Extras

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