126 South 5th Street
126 South 5th Street
$395,000
—
3,055
3,055
$129
Closed 3/21/24
Description
Welcome to 126 S. 5th Street, a fantastic investment opportunity in Darby, PA. This well-maintained property presents a five-unit apartment building that is sure to catch the eye of savvy investors seeking a lucrative addition to their portfolio. Comprising four one-bedroom, one-bathroom apartments and one two-bedroom, one-bathroom apartment, this multi-unit building offers versatility and potential for strong rental income. Each unit provides comfortable living spaces with ample natural light and...Welcome to 126 S. 5th Street, a fantastic investment opportunity in Darby, PA. This well-maintained property presents a five-unit apartment building that is sure to catch the eye of savvy investors seeking a lucrative addition to their portfolio. Comprising four one-bedroom, one-bathroom apartments and one two-bedroom, one-bathroom apartment, this multi-unit building offers versatility and potential for strong rental income. Each unit provides comfortable living spaces with ample natural light and functional layouts designed for modern convenience. Currently, the property boasts a solid rent roll with all five units occupied. The combined monthly rental income from these units totals $4,372 per month with pro forma rents bringing in $5200 per month. With tenants responsible for all utilities except for cold water, this arrangement ensures minimal expenses while maximizing your return on investment. The prime location of this property ensures easy access to local amenities such as shopping centers, restaurants, parks, and public transportation options. Its proximity to major highways also allows for convenient commuting throughout the region. Investors will appreciate the potential for consistent cash flow from multiple rental units within this well-diversified property. With an already established rent roll generating substantial monthly income and tenants responsible for most utilities costs, you can enjoy passive income streams while minimizing expenses. Darby's vibrant rental market makes this an attractive investment opportunity with strong demand for quality housing options. Whether you are an experienced investor looking to expand your portfolio or someone new to real estate investing seeking passive income streams, this five-unit apartment building offers tremendous potential. Don't miss out on the chance to own this income-generating property! Contact us today to schedule a private tour of 126 S. 5th Street in Darby and explore all the possibilities it holds for your real estate investment goals. We look forward to assisting you on your journey towards financial success!
- Listed by Michael Stranix • Realty Mark Cityscape-King of PrussiaP: 6103894676 mstranix16@aol.com
- Listed by Robert Stranix • Realty Mark Cityscape-King of PrussiaP: 6103312027 robertstranix@yahoo.com
Property Details for 126 South 5th Street
Tax ID Number
14-00-00905-00
OwnershipFee Simple
Structure TypeEnd of Row/Townhouse
StyleOther
WaterfrontNo
GarageNo
MunicipalityDARBY BORO
Central AirNo
Location
LISTING UPDATED: 03/22/2024 03:55 PM
Property Details for 126 South 5th Street
Status | Closed |
---|---|
MLS # | PADE2051298 |
Days on Market | 129 |
Taxes | $5,179 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1940 |
Lot Size | 0.06 AC / 2,614 SF |
County | Delaware County |
Location
Building Information for 126 South 5th Street
Stories-Residences4Year Built1940Building Size-Lot Size0.06 AC / 2,614 SF
Payment Calculator
$2,587 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 126 South 5th Street
Property History for 126 South 5th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 126 South 5th Street
Taxable ValueLand$14,450Additions$92,660Total$107,110
Tax Record2023$4,908 ($409 / month)
Home Facts
Baths4Total Finished SqFt3,055 SqFtAbove Grade Finished SqFt3,055 SqFtStories2Lot Size2,409 SqFtStyleQuadraplexYear Built1940CountyDELAWAREAPN14-00-00905-00
Schools near 126 South 5th Street
This home is within William Penn School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 6 |
Rating | School | Distance |
---|---|---|
Walnut Street El School PublicK to 6 | ||
Penn Wood Middle School Public7 to 8 | ||
Penn Wood High School Public9 to 12 | ||
Aldan Elementary School PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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