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244 South Fairview Avenue

Delaware County PA 19082

4
2
1664 sq. ft.
2178 sq. ft.
Duplex
Currently for sale - view listing

Overview

Rare Investment Opportunity: Multi-Family Homes in Upper Darby, PA. Introducing a unique investment opportunity at 244 S Fairview Ave, located in the highly sought-after Highland Park section of Upper Darby, PA. These two well-maintained multi-family homes are being sold together, offering a total of 4 bedrooms, 2 bathrooms, and 2 garage spaces, perfect for investors or buyers seeking reliable rental income. Property Features: Units: Two side-by-side homes, each featuring 2 spacious 2-bedroom, 1-bathroom apartments for a total of 2 rental units. Income Potential: The current rent from all 2 units totals $2,068per month, with additional income of $200 per month from 2 rented garages (each garage is leased for $100/month). Total Monthly Income: $4,268.00. Basements & Backyards: Both homes offer full basements with ample storage potential, as well as private backyards for tenants to enjoy. Location Highlights: Desirable Highland Park Neighborhood: Situated in a well-established, vibrant area of Upper Darby Township, this property is ideal for families, students, and professionals. Convenience at Your Doorstep: Close proximity to schools, public transportation (bus and trolley), shopping centers, dining options, and parks, making it an excellent choice for tenants looking for convenience and comfort. Investment Appeal: Strong Cash Flow: With a combined monthly rental income of $2,268.00, this property offers immediate returns, making it a smart addition to any investment portfolio. Multi-Family Setup: Offering two buildings with 2 units total, this property provides multiple income streams in a high demand rental market. Growth Potential: The property is situated in a growing area with easy access to transportation and local amenities, which could lead to continued demand and rental rate appreciation over time. Additional Information: Garages: Four separate garages are currently rented, offering supplementary income and added value to the property. Condition: Both homes are well-maintained, with tenants already in place and generating income. Further details on the condition and recent upgrades can be provided upon request. This is a rare chance to acquire two multi-family homes in one of Upper Darby’s most desirable neighborhoods. Whether you’re a seasoned investor or looking for your first income property, this is a must-see! Call today to schedule a showing or for more details. 242 and 244 is selling together. 242 and 244 is selling together. ($299K each property total $598K)

Features

4 bedrooms
2 carspaces
2 garage spaces
1664 sq. ft. floor area
2178 sq. ft. lot size
Duplex

Property history for 244 South Fairview Avenue

2022
Sold
$220,000
30 Jun 2022 by Guy Matteo, of REMAX Preferred Realtors | Newtown Square

Happy sellers in Delaware County

90%
90% of sellers in Delaware County reported that their sale price either exceeded or met their price expectations.

Delaware County stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Delaware County over the last 12 months.

Local market activity for 4 bedroom duplexes in Delaware County

In the last 12 months, 8 four-bedroom duplexes similar to 244 South Fairview Avenue, have been sold.

This represents a 43% increase in four-bedroom duplexes sales when compared to the previous 12 months.

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