655 Drexel Ave

Drexel Hill PA 19026

2645 sq. ft.

4356 sq. ft.

Duplex

Currently for sale - view listing

Overview

Excellent opportunity to own a three-unit multifamily property in a desirable and convenient Drexel Hill location! This property features two spacious 2-bedroom, 1-bathroom units, along with a recently converted 1-bedroom, 1-bathroom lower-level unit, offering multiple income streams and excellent investment potential. The newly converted lower-level apartment adds significant value and rental flexibility, with the appropriate zoning variances and permits completed through the township. Each unit is separately metered for gas and electric, providing added convenience and efficiency for both owners and tenants while helping minimize landlord-paid utility expenses. Perfect for investors and owner-occupants alike! This property presents an excellent opportunity to house hack by living in one unit while collecting rental income from the other two to help offset monthly mortgage expenses. Qualified buyers may also be able to take advantage of low-down-payment, owner-occupied financing options, making this an attractive way to enter the real estate investment market while building long-term equity. Conveniently located near shopping, restaurants, public transportation, and major commuting routes, this property provides easy access to everything Drexel Hill and the surrounding communities have to offer. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer interested in building wealth through real estate, this versatile property offers tremendous potential. Don't miss this opportunity to own a three-unit income-producing property in the heart of Delaware County!

Features

5 bedrooms

5 carspaces

2645 sq. ft. floor area

4356 sq. ft. lot size

Duplex

Property history for 655 Drexel Ave

2020

Sold

$310,000

30 Sep 2020 by Brady Carroll, of KW Commercial

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