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Sold for $425,000 on 04/27/23
  • $425,000

    425 Main St, Darby, PA 19023

    7beds
    4baths
    2,200sqft
    Townhouse
    Built in 1930
    -- sqft lot
    $438,300 Zestimate®
    $193/sqft
    $2,093 Estimated rent

    What's special

    Great Investment Opportunity! Welcome to 425 Main St. Darby Pa 19023. This is a completely renovated 4 unit building. The apartment break down is as follows...first floor front is a 1 bedroom 1 bath apartment. First floor rear is a 2 bedroom 1 bath apartment. Both second floor front and rear apartments are 2 bed 1 bath. So there is a total of 3, 2 bed 1 bath apartments and 1, 1 bed 1 bath apartments in the building. Over $150k of renovations went into this amazing rental property, including: New roof, new windows, electrical upgrades, plumbing upgrades, new flooring throughout, brand new white shaker cabinets with granite countertops and under mount sinks, brand new stainless steel appliances, new bathrooms, with new vanities, tubs & shower surrounds, new doors throughout as well. This property is set up and ready to go for new tenants with all 4 apartments having the same high end finishes, All you have to do is get it occupied and start the cash flow! The owner has minimal expenses, just house electric meters(common area hallways) and water. Attached documents include the architectural drawings for the buildings to get a better idea of the layout, as well as pro forma rent & income statements.

    Zillow last checked: 7 hours ago

    Listing updated: April 27, 2023 at 10:37am

    Listed by:

    Pete Todd-Burke 484-576-0312,

    Property Merchants, LLC

    Bought with:

    William Holder, RS319441

    RE/MAX Classic

    Source: Bright MLS,MLS#: PADE2043754MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Basement
    • Area: 0
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Water Heater, Stainless Steel Appliance(s), Refrigerator, Oven/Range - Electric, Microwave, Electric Water Heater
    Features
    • Dry Wall
    • Flooring: Luxury Vinyl, Hardwood
    • Doors: Double Entry
    • Windows: Double Hung, Replacement
    • Basement: Full,Unfinished,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 2,200
    • Total interior livable area: 2,200 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,742 sqft
    • Dimensions: 18.00 x 90.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 14000175300
    • Zoning: R-40 FOUR FAMILY
    • Zoning description: Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Straight Thru
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Stone, Other
    • Roof: Flat,Rubber
    Condition
    • Excellent
    • New construction: No
    • Year built: 1930
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available

    Community & neighborhood

    Security
    • Security features: Main Entrance Lock, Fire Alarm
    Location
    • Region: Darby
    • Municipality: DARBY BORO

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals
    • Listing terms: Cash,Conventional,FHA
    • Ownership: Fee Simple
    Services availability
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