677 Ferne Blvd, Drexel Hill, PA 19026

Public:Fantastic opportunity for Investors - 4 apartments 1 office 1 garage. Located in Drexel Hill city Aronimink Business district, only steps away from shops, restaurants and train. Proforma Cap rate over 10%, 1st year Cash on Cash 23%, and expected 10 year IRR of 35%. Current Cap rate of 8.5% although 4 units rented below market. Ground floor office available for rent with storage space in garage. Ample parking space. A great place to establish your business and own a cash flow property! Property well maintained. New roof in 2011, new gas heater, rehabbed kitchen in 3 of the 5 units. This listing includes 677 & 679 Ferne blvd, twin building (Tax ID 16-11-01031-00 & 16-11-01032-00). To be sold a bundle. Priced to sell!