8 Greenway Avenue

    Darby, PA 19023
    • $69,900
    • STATUS: Active
    • ON SITE: 211 days
    • ID#: 7113101
    UPDATED: 78 min ago
    $69,900
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,707
      SQFT
    • $41
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:

    School Information

    Middle School:
    High School:
    School District:
    Listing courtesy of Super Realty Group Llc.

    Description

    INVESTOR OR FIRST TIME BUYER WANTED! This great opportunity is located on a quiet block in Darby on the border of the Philadelphia Cobbs Creek section. This RECENTLY RENOVATED DUPLEX with many new upgrades and appliances currently has (2) OCCUPIED, (2)-bedroom apartments on the first and second floors. That's right. Earn money on Day 1! Current rental income is $1300/month. A Conventional Loan (20% down at 4% interest rate) will have an average monthly payment of $600 per month, which includes Principal Interest Taxes Insurance. Do the math and realize that you can immediately earn a profit as an investor or let your tenant pay most of your mortgage. If you decide to use this as a starter home and live in one of the apartments, an FHA Loan (3.5% down at an interest rate of 4%) will have an average monthly payment less than $740, which includes Principal Interest Taxes Insurance. That's not bad if your tenant is paying $700 a month. It would only cost you $50 or less to pay your mortgage payment. Each unit has a ton of closet space, a combination of carpet and hardwood floors, spacious basement for storage, and a rear private yard. Many upgrades throughout including a newer roof, hot water heater, and heater. Very Motivated Seller that may consider Seller Assist. Current long-term tenant can stay or move depending on the new owner. Now take advantage of this opportunity and schedule a showing today! BUT WAIT there is more HOME WARRANTY Included in Sale

    Monthly Payment Calculator



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-15T09:56:47.693.
    www.scottkompa.com/homes/79988189

    8 Greenway Avenue Darby, PA 19023

    • Price: $69,900
    • Status: Active
    • Updated: 78 min ago
    • ID#: 7113101
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    1,707
    SQFT
    $41
    $/SQFT
    1928
    Built
    Neighborhood:
    None
    County:
    Delaware
    Area:
    Darby Boro (10414)
    Middle School:
    Pennwood East
    High School:
    Penn Wood
    School District:
    William Penn
    Property Description
    INVESTOR OR FIRST TIME BUYER WANTED! This great opportunity is located on a quiet block in Darby on the border of the Philadelphia Cobbs Creek section. This RECENTLY RENOVATED DUPLEX with many new upgrades and appliances currently has (2) OCCUPIED, (2)-bedroom apartments on the first and second floors. That's right. Earn money on Day 1! Current rental income is $1300/month. A Conventional Loan (20% down at 4% interest rate) will have an average monthly payment of $600 per month, which includes Principal Interest Taxes Insurance. Do the math and realize that you can immediately earn a profit as an investor or let your tenant pay most of your mortgage. If you decide to use this as a starter home and live in one of the apartments, an FHA Loan (3.5% down at an interest rate of 4%) will have an average monthly payment less than $740, which includes Principal Interest Taxes Insurance. That's not bad if your tenant is paying $700 a month. It would only cost you $50 or less to pay your mortgage payment. Each unit has a ton of closet space, a combination of carpet and hardwood floors, spacious basement for storage, and a rear private yard. Many upgrades throughout including a newer roof, hot water heater, and heater. Very Motivated Seller that may consider Seller Assist. Current long-term tenant can stay or move depending on the new owner. Now take advantage of this opportunity and schedule a showing today! BUT WAIT there is more HOME WARRANTY Included in Sale
    Exterior Features

    Design Duplex Exterior Vinyl SidingBrick Garage No Garage Spaces No Garage Lot Dimensions 21X92 Parking Street Water Front No

    Interior Features

    Basement No Basement Type None Central Air No Cooling None Handicap None Heating GasHot WaterRadiator Hot Water Natural Gas Interior Square Feet Source Assessor Laundry Type No Laundry Two Bedroom Units 2 Unit One Baths 1 Unit One Bedrooms 2 Unit One Partial Baths 0 Unit Two Baths 1 Unit Two Bedrooms 2 Unit Two Partial Baths 0

    Property Features

    Annual Gross Expense 2811.0 Annual Gross Income 15600.0 Cross Street N Front St Land Use Code R-20 Lot Number 981-003 New Construction No Sewer Septic Public Sewer Tax Year 2018 Total Assessment 40680.0 Total Taxes 2852.0 Type Singlebldg Unit One Occupied Yes Unit Two Occupied Yes Water Public Zoning Code Dup



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-15T09:56:47.693.
     
    Remax Preferred | Scott Kompa Group
    408 Swedesboro Rd
    Mullica Hill NJ, 08062
    Listing courtesy of Super Realty Group Llc.