Property Description
SAVVY INVESTOR WANTED! Put your money to work! This all brick Sheldrake duplex, w/a stone foundation, newer gutters (Beyond Gutters) & capped replacement windows, is a solid performer! 1902 sq ft of space. The proud landlords have always kept up w/ the maintenance & upgrades. There is untapped potential here! If you are looking for an income stream, the tenants there now, both on month to month leases, would REALLY LOVE to stay, but if you re looking for a place to live and rent out the other unit, that can be arranged as well. Lots of windows let in an abundance of sunlight. The carpets are neutral & the paint colors are as well, for that clean & bright look. Each unit boasts baseboard heat, some newer 6-panel doors, a LR/DR combo area, an easy to work at kitchen, 2 great-sized bedrooms, a ceramic tiled bath w/re-glazed tub, a large coat closet & a linen closet in the hallway. Enter the 1st floor unit ($995.00 rent) via the steps to the white, steel side door and come right to the LR ,which shows off a picture window in front ,a double side window and a tiled spot to brush your feet off. There is a unique closet w/glass panes just across from the door to the lower level ,w/ shelves for nic nacs, books, etc.. The kitchen boasts white cabinetry and a window above the sink area.. The 1st floor tenant has use of the unfinished basement. There are treds on the steps going down. You can find high windows here, cement block walls and one stone wall. The newer, LG , front load washer and dryer (+/- 4 yrs old) are in this area, as well as gas heaters (cleaned and serviced 3/21), a Bradford White Defender and a Smart Shield hot water heater and separate electric boxes. The upstairs tenant ($895.00 rent) enters through the door on the newly designed porch in the front of the building into a hallway with steps up to the unit. The porch, redone 2-3 years ago, features new cement and vinyl under the porch roof. The layout is pretty much the same as the bottom unit, except that the kitchen shows off oak cabinets. (this tenant has 2 cats who don't seem bothered by people coming in). The 2nd floor tenant has access to the two fully floored rooms in the attic for storage. One attic room is just a smidge smaller than the other but they both have double slider closets, one in each unit being a cedar closet. There is a metal door from the basement to the two- car garage with two separate doors and stone walls., plus a parking on the outside. (With the leases in existence now, the tenants do not have use of the garages , however the new owner can decide differently-the possibility exists that these garage spaces could be rented out as well. w/ Township approval). Unit #1 gets to park in front of the garage at #4111, and unit #2 parks in front of the garage on the other side of the common driveway between the buildings --#4115. This arrangement is in the tenants existing leases, but could change. The only utilities the landlord pays is water. The tenants are responsible for the rest. Tenants are in walking distance to the trolley line & bus lines a block away. There are tons of eateries, gas stations , Shop Rite, Acme, a hardware store and two Wawa's close by. The Drexeline Town Center is getting a complete makeover, a & will be a welcome , first class addition to the area, upon completion. The demolition has already started. The new Shop Rite will be 72,000 sq ft, and , in addition, there will be 14-20,000 sq ft of retail space, a PNC bank, a new WAWA w/fuel islands
, a multi-family residential building and a 120,000 sq ft self storage facility. Also on the books is a multi-use foot & bike trail ,that will be carved out along Darby Creek. Room measurements for the duplex are : LR/DR -12x20, Baths- 5x7, BR#1-10.5x16, BR #2 -8x 12.5, Hallway- 3x11.5, Kitchen-6x7, Basement- 14x22.5, Attics- 8x12.5 and 10x19, Garage 18x21. NOTE: $900 "trash expense" listed is for sewer AND trash. OPPORTUNITY KNOCKS! Make your appointment now!