New ListingGreat opportunity to own a three-unit multifamily property at 317 Felton Avenue in Sharon Hill, PA. This property offers a unique combination of existing rental income and additional income potential, making it an excellent option for both investors and owner-occupants. The property consists of a 1-bedroom, 1-bathroom unit, a studio unit, and a spacious 4-bedroom, 1-bathroom unit. The 1-bedroom and studio units currently generate a combined monthly rental income of $2,025, while the 4-bedroom unit is vacant and ready for its next occupant. For an owner-occupant, this property presents an opportunity to live in the vacant 4-bedroom unit while collecting rent from the other two units to help offset monthly housing expenses. Investors can explore leasing the vacant 4-bedroom unit to generate additional rental income and increase the property's overall cash flow. With three separate units and multiple possibilities for maximizing rental income, this property offers flexibility for a variety of investment strategies. Conveniently located in Sharon Hill, with access to local shopping, public transportation, major roadways, and surrounding Delaware County communities.
| MLS # | PADE2126714 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1910 |
| Days On Site | 1 |
| Listing Provided By | Premier Property Management & Realty LLC | Robert Stranix |
| SQ Feet | 2,910 |
|---|---|
| Basement | Y |
| Units | 1 |
| Zoning | 3 UNIT |
| Acreage | 0.10 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Stone |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 6286 |
|---|
| State | PA |
|---|---|
| County | DELAWARE PA |
| City | COLLINGDALE |
| Zip Code | 19023 |
| Area | Sharon Hill Boro (10441) |
| School District | SOUTHEAST DELCO |
| Listing VS Median (in 19023) | |
Price: $330,000 low | high Med: $198,950 sqft: 2,910 low | high Med: 1,487 $ / sqft: $113 low | high Med: $134 On site: 1 low | high Med: 349 | |
| State | PA |
|---|---|
| County | DELAWARE PA |
| City | COLLINGDALE |
| Zip Code | 19023 |
| Area | Sharon Hill Boro (10441) |
| School District | SOUTHEAST DELCO |
| Listing VS Median (in 19023) | |
Price: $330,000 low | high Med: $198,950 sqft: 2,910 low | high Med: 1,487 $ / sqft: $113 low | high Med: $134 On site: 1 low | high Med: 349 | |