Welcome to a prime investment opportunity in the heart of Drexel Hill. This fully occupied, brick end-unit duplex at 2420 Cedar Lane offers immediate cash flow and long-term stability for any portfolio. The property features a versatile unit mix consisting of a 1-bedroom lower unit currently rented at $750/month and a spacious 2-bedroom upper unit rented at $1,300/month, totaling $2,050 in monthly gross income. Tenants enjoy the convenience of a walk-out basement providing dedicated storage and shared laundry facilities with a washer and dryer included. The exterior boasts a large front yard and a rear built-in garage, adding significant value and appeal. Strategically located just minutes from the high school, middle school, local shopping, and public transportation including the 69th Street Terminal, this property is positioned in a high-demand rental corridor with excellent commutability. Offered at $275,000, this well-maintained asset is a turnkey addition for seasoned investors or those looking to break into the Delaware County market. Interior photos coming soon
Listed By
Agency Name: Compass Pennsylvania, LLC
Agency Phone: 6109470408
Shown By
Agent Name: The Jodi Reineberg Monti Joines Donna Troupe Team
Agent Phone: Primary: (717) 718-8627
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 1,202.07 per month $612.03 Principal & Interest $509.83 Property Tax $80.21 Homeowner's Insurance
2420 Cedar Lane | MLS# PADE2109880
This multi-family property located at 2420 Cedar Lane, Drexel Hill, PA 19026 is currently listed for sale with an asking price of $275,000. Cedar Lane is located within the UPPER DARBY school district. Search Drexel Hill real estate on www.rjtteam.com today.