Comments for 3617 GARRETT ROAD , Drexel Hill, PA 19026
Available now... Income Producing Property in Drexel Hill. Property consists of 4- 2 bedroom apartments and one commercial unit with good rental history. There is also a garage that is rented for additional income. Tenants pay utilities except common area electric. Operating as a 7.2 cap rate with slightly under market rents. 3 of 4 apartments have been renovated. The 4th was renovated within the past 10 years and has a long term tenant. Common area also freshly painted. This property has high visibility and is convenient to public transportation, shopping and schools. Great opportunity for investors or the savvy house hacker. Current owner pays 5% management fee and payroll fee per apartment. That could be savings for a self managing investor. Contact agent for showings.
Cooling: Central A/C
Sewer: Public Sewer
Exterior: Aluminum Siding
Taxes: $14,407
Fuel Type: Natural Gas, Electric
Units: 1
Heating: Forced Air, Baseboard - Electric
Water: Public
Lot Dimensions: 0.00 Acre(S)
Year Built: 1900
Lot Size: 0
High School: UPPER DARBY SENIOR
Middle School: DREXEL HILL
Elementary School: GARRETTFORD
School District: UPPER DARBY