202 Greenway Avenue Darby, PA 19023

$329,900
0.15
Acres
1,328
SQFT
248
$/SQFT
$329,900
1,328   sf
$248 / sf
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MULTI-FAMILY INVESTMENT OPPORTUNITY! INVESTORS—DON’T MISS THIS UNIQUE INCOME PRODUCING OPPORTUNITY! Welcome to this fantastic 1+1 duplex in the Darby section of Delaware County. This large twin sits on an impressive approximate 51' x 126' lot and offers ample parking, plus nine garages that provide additional income potential. Currently, six of the nine garages are rented, generating approximately $700 per month in additional rental income, with potential to increase revenue even further. Apt#1 features a spacious and comfortable living room, a modern kitchen equipped with appliances, and plenty of cabinet and counter space. The unit also offers a generously sized bedroom with awesome closet space and a full bathroom with a convenient shower/tub combination. Apt#2 offers a similar comfortable layout with a living room/dining room combination, modern kitchen with appliances, ample cabinetry and counter space, a generously sized bedroom with good closet space, and a full bathroom with a shower/tub combination. The property also includes a large, full unfinished basement, accessible from the first-floor unit, offering abundant storage space and potential for future use.Both residential units are currently occupied and producing rental income. Combined with the garage income and potential for future rent increases, this property offers multiple income streams and attractive upside for investors. TWO ADDITIONAL LOTS INCLUDED! Adding even more value, two additional lots are included in the sale. These lots were previously used for a total of five additional garages and have since been converted into vacant lots. The additional lots have a separate 3rd Street address and are located behind the three-car garage on the main property. Potential uses may include a new garage, additional parking, or other permitted uses, subject to zoning, approvals, and verification with Darby Borough. Approximate lot sizes: Lot 1: 54' x 23' & Lot 2: 36' x 18'.Buyers are responsible for conducting their own due diligence and independently verifying all zoning requirements, permitted uses, lot dimensions, and development possibilities with Darby Borough for the 2 additional lots included in the sale. With two occupied rental units, six rented garages out of the nine garages, a large approximate 51' x 126' lot, and two additional lots, this property offers multiple avenues for rental income, expansion, and future growth. Put your money to work and explore the possibilities this unique multi-family investment opportunity has to offer! Conveniently located near schools, shopping, public transportation, and other local amenities. Schedule your appointment today and discover the income-producing potential and possibilities this property has to offer!

MULTI-FAMILY INVESTMENT OPPORTUNITY! INVESTORS—DON’T MISS THIS UNIQUE INCOME PRODUCING OPPORTUNITY! Welcome to this fantastic 1+1 duplex in the Darby section of Delaware County. This large twin sits on an impressive approximate 51' x 126' lot and offers ample parking, plus nine garages that provide additional income potential. Currently, six of the nine garages are rented, generating approximately $700 per month in additional rental income, with potential to increase revenue even further. Apt#1 features a spacious and comfortable living room, a modern kitchen equipped with appliances, and plenty of cabinet and counter space. The unit also offers a generously sized bedroom with awesome closet space and a full bathroom with a convenient shower/tub combination. Apt#2 offers a similar comfortable layout with a living room/dining room combination, modern kitchen with appliances, ample cabinetry and counter space, a generously sized bedroom with good closet space, and a full bathroom with a shower/tub combination. The property also includes a large, full unfinished basement, accessible from the first-floor unit, offering abundant storage space and potential for future use.Both residential units are currently occupied and producing rental income. Combined with the garage income and potential for future rent increases, this property offers multiple income streams and attractive upside for investors. TWO ADDITIONAL LOTS INCLUDED! Adding even more value, two additional lots are included in the sale. These lots were previously used for a total of five additional garages and have since been converted into vacant lots. The additional lots have a separate 3rd Street address and are located behind the three-car garage on the main property. Potential uses may include a new garage, additional parking, or other permitted uses, subject to zoning, approvals, and verification with Darby Borough. Approximate lot sizes: Lot 1: 54' x 23' & Lot 2: 36' x 18'.Buyers are responsible for conducting their own due diligence and independently verifying all zoning requirements, permitted uses, lot dimensions, and development possibilities with Darby Borough for the 2 additional lots included in the sale. With two occupied rental units, six rented garages out of the nine garages, a large approximate 51' x 126' lot, and two additional lots, this property offers multiple avenues for rental income, expansion, and future growth. Put your money to work and explore the possibilities this unique multi-family investment opportunity has to offer! Conveniently located near schools, shopping, public transportation, and other local amenities. Schedule your appointment today and discover the income-producing potential and possibilities this property has to offer!

  • Neighborhood
  • Type
  • County
    Delaware
  • Area
    Darby Boro
  • Tax Amount
    $3,609
  • Status
    Active
  • Listing #
    PADE2122620
  • Built
    1920
  • Lot Size
    0.15
  • Listed on site
    58 days
  • Listing Agent Id
    121135927226

Listed by:
RE/MAX Access

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • Has garage
  • Garage Detached
  • No Pool
  • Porch
  • Basement

Interior Features

  • Carpet Floors

Style

  • Duplex

Property History

DateDays AgoEventNew Price
Oct 9, 202617 days agoPrice decreased10,000 (3%)$329,900
Aug 29, 20262 mos agoNew on market$339,900
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