Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1946
Sq.Footage
2,128
Rare opportunity to own a turn-key and fully occupied, cash-flowing duplex in a prime Upper Merion location with strong rental history and immediate income from day one. Currently generating $50,484 in annual rental income, this is an ideal property for an investor seeking stable, in-place returns with minimal upkeep. The first-floor unit offers 3 bedrooms, while the second-floor unit features 2 bedrooms. Each unit includes its own dedicated basement storage area, plus access to shared laundry facilities. Both units feature updated kitchens and bathrooms, newer upgraded countertops, and durable vinyl plank flooring throughout, creating a modern feel while keeping maintenance costs low. Combined with the separately metered utilities and recent major improvements, this property is especially well suited for an investor looking for a low-maintenance investment. Utilities are separately metered, with tenants paying their own gas and electric, while the landlord covers water and sewer. Major improvements include a roof replacement in 2019 and a new water heater installed in 2019, helping minimize near-term capital expenses. Located in the highly desirable Upper Merion School District, this property benefits from strong and consistent rental demand. Its prime location and sought-after school district make it especially attractive to tenants and support long-term investment value. Based on the seller’s reported 2025 operating expenses and gross income, the property offers an estimated 6.7% cap rate at the proposed list price, offering a compelling in-place returns with both units currently leased. A fully occupied, income-producing property with separate utilities, updated interiors, low-maintenance features, and strong investment fundamentals. Don't miss out on this rare opportunity! Make your appointment today!
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
2128.0
-
Cooling YN
YES
-
Cooling
Window Unit(s), Gas
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.15
-
Lot Size(square feet)
6400.0
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Cape Cod
Price
-
Sales Price
$630,000
-
Tax Amount
$4,081
-
Sq. Footage
2, 128
-
Price/SqFt
$296
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
UPPER MERION
Property Features
-
New Construction
NO
-
Foundation Details
Concrete Perimeter
-
Sewer
Public Sewer
-
Tax Lot
051
-
Water Source
Public
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Location
County
MONTGOMERY
Elementary School
Middle School
High School
UPPER MERION
Listing Courtesy of Melissa Anne Daddazio , EveryHome Realtors
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Owner, President, Investment Property Advisor
Theresa Kehler
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