Description
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
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0BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
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1,500SQFT
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$178$/SQFT
School Information
Description
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
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