Listed by MDC Realty Limited
$424,900
358-360 E Markison Avenue
Details
APN 010-027438
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $36,000
Occupancy 50%
Price per SqFt $167
Year Built 1895
Year Renovated 2023
Acreage 0.130
Multifamily | 2 Units
Marketing description
Beautifully Renovated Duplex in the Heart of Merion Village. Located just a short stroll from vibrant High Street, this stylishly updated duplex offers the best of city living with restaurants, bars, and coffee shops right around the corner. Less than 10 minutes from Nationwide Children's Hospital, this duplex - previously rented for $3200/month presents an excellent opportunity for short-term, or traditional rentals, whether by renting out both sides or utilizing the popular house hacking strategy. Each side of the home features 3 bedrooms, including a fully finished third-floor attic space that adds valuable square footage and flexibility. The 360 side includes 1.5 baths, while both units enjoy the convenience of first-floor laundry. Inside, you'll find solid surface flooring throughout—that's right, no carpet anywhere, making it easy to clean and perfect for anyone with allergies or pets. Out back, you'll love the fenced-in yard and two-car garage, offering privacy and off-street parking.
Listing Contacts
Listed by MDC Realty Limited
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$36,000.00
$3,000.00/mo
Valuation Metrics
0
DSCR
8.47%
Cap Rate
8.47%
ROI
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