Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1940
Sq.Footage
1,500
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
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s)
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Above Grade Finished Area
1500.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Brick
-
Parking
Alley Access, Garage, Driveway, Attached
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.07
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Traditional
Price
-
Sales Price
$275,000
-
Tax Amount
$6,118
-
Sq. Footage
1, 500
-
Price/SqFt
$183
HOA
-
Association
No
School District
-
Elementary School
HILLCREST
-
Middle School
DREXEL HILL
-
High School
UPPER DARBY SENIOR
Property Features
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Tax Lot
601-000
-
Water Source
Public
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Location
County
DELAWARE
Elementary School
HILLCREST
Middle School
DREXEL HILL
High School
UPPER DARBY SENIOR
Listing Courtesy of Jaimee L Smith , Compass Pennsylvania, LLC
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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