242 S FAIRVIEW AVENUE, UPPER DARBY, PA 19082

Townhouse
THB ฿10,201,481
USD $299,000
Published on: 19 Feb 2025
Last updated on: 19 Feb 2025
242 S FAIRVIEW AVENUE, UPPER DARBY, PA 19082
242 S FAIRVIEW AVENUE, UPPER DARBY, PA 19082
242 S FAIRVIEW AVENUE, UPPER DARBY, PA 19082
+38
242 S FAIRVIEW AVENUE, UPPER DARBY, PA 19082
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Property ID: 110097528696
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Townhouse - UPPER DARBY, PA

242 S FAIRVIEW AVENUE, UPPER DARBY, PA 19082
Rare Investment Opportunity: Two Multi-Family Homes in Upper Darby, PA. Introducing a unique investment opportunity at 242 and 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 8 bedrooms, 4 bathrooms, and 4 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 4 rental units. Income Potential: The current rent from all 4 units totals $4,136 per month, with additional income of $400 per month from 4 rented garages (each garage is leased for $100/month). Total Monthly Income: $4,536. 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 $4,536, this property offers immediate returns, making it a smart addition to any investment portfolio. Multi-Family Setup: Offering two buildings with 4 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)

Property Details

Basic Info

Property Type
Townhouse
Listing Status
Active
Land Size
202.34 m2
Building Size
154.59 m2
Year Built
1910
Architecture Style
Other
County
DELAWARE
Provider
Berkshire Hathaway HomeServices Fox & Roach, Realtors
Brokerage Office Name
Berkshire Hathaway HomeServices Fox & Roach, Realtors
Address
242 S FAIRVIEW AVENUE, UPPER DARBY, PA 19082
Contact Agent
Mohammad Islam
BHHS Fox & Roach Newtown Square Home Marketing
3409 West Chester Pike, Newtown Square, PA 19073
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Mohammad Islam
3409 West Chester Pike, Newtown Square, PA 19073
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      Property ID: 110097528696

      Data provided by Berkshire Hathaway HomeServices Fox & Roach, Realtors, MLS #: PADE2084350
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