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21037852
21037853

15 S Church Ln, East Lansdowne, PA 19050

GA
PA RB070144
HomeSmart Realty Advisors
Listed by HomeSmart Realty Advisors
$600,000
532 days on market
Updated 94 days ago

15 S Church Ln

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,500
Net Rentable (SqFt) 3,500
Units 7
Cap Rate 10.00%
NOI $64,828
Broker Co-Op Yes
Class C
Year Built 1940
Year Renovated 2024
Buildings 1
Stories 3
Zoning Multi Family
Ownership Fee Simple
Sale Condition For sale by owner

Multifamily | 10.00% CAP | 7 Units

Marketing description

Rare Investment Opportunity: Fully Occupied 7-Unit Multi-Family in a Highly Desirable Location! Welcome to an exceptional investment opportunity in one of the most sought-after neighborhoods! This just-renovated 7-unit multi-family building. 4 out 7 units are producing steady cash flow – a dream for any investor looking for solid returns. Fully Occupied – All units are leased with long-term tenants locked in through 2025, ensuring stable and reliable income. Monthly Income: $4000+ – Solid cash flow with a potential 10% cap rate makes this an ideal investment for those looking to maximize returns. 7 Units, Recently Renovated – Modernized with fresh renovations, ensuring minimal future maintenance costs. All Separate Utilities – Tenants cover their own electricity, heating, and hot water, minimizing your operational expenses. Convenient Access to Public Transit: Near SEPTA's R3 Line and a bus stop on Baltimore Pike, offering great accessibility for tenants who rely on public transportation. Family-Friendly Area: Just a stone's throw away from Upper Darby School District, making it an attractive location for families seeking quality education options. Why This is the Perfect Investment: Steady Cash Flow – With leases in place through 2025, you can count on predictable and consistent rental income. High Demand Area – The combination of public transit access, proximity to schools, and recent renovations makes this property an attractive option for tenants, ensuring low vacancy rates. Strong ROI Potential – The 10% cap rate presents an outstanding opportunity for both short-term profits and long-term equity growth. This turnkey investment offers immediate income and minimal management hassle, with all the hard work already done! Don’t miss out on this rare chance to add a highly profitable, low-maintenance property to your portfolio.

Investment highlights

10% Cap Rate

Fully Renovated

Fully Occupied

Prime Location

Listing Contacts

GA
PA RB070144
HomeSmart Realty Advisors
Listed by HomeSmart Realty Advisors

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$64,828.00
$5,402.33/mo

Valuation Metrics

0
DSCR
10.8%
Cap Rate
10.8%
ROI

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Additional Information

Name
Gazi Ataseven
License
RB070144
Brokerage
HOMESMART REALTY ADVISORS
Brokerage Phone
267.774.6886
Title
BROKER AND OWNER
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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