Description
**ATTENTION INVESTORS - Income Opportunity** - Here is a great opportunity to own this Income Producing brick row home property in Darby. Hassle Free Ownership with Guaranteed Rent!! This is currently Section 8 approved and has been for many years. The current owner has annually maintained the property to HUD's standards, and will pass/transfer the Section 8 payment voucher to the new owner for $1270 per month. The current tenants have been living in the property for almost 5 years and are willing to stay as a tenant, if the opportunity arises. Rent hasn't been raised in 5 years, and current lease is in place until September of this year. This income producing home offers 3 bedrooms, living room, dining room, full bath, and kitchen with full unfinished basement, attached 1 car garage, and additional fenced in parking in rear. Tenants pay all utilities. Newer windows and electric updated. Vinyl flooring throughout. Home is rented through this July with a lease. Property is Tenant Occupied. Tenant will be present and will let you inside to see the property. Schedule your showing today through Showing Time! **** Seller/Owner has 2 homes for sale on this same block and is selling both (this home plus one other at 413 Darby Terrace, one block away). The other home also has a Section 8 payment Voucher which will be passed/transferred to the new owner which pays $1300 directly from HUD (HUD pays $1150 and tenant pays an additional $150 per month). Currently has a long time renter who is willing to stay is given the opportunity. Call me for questions or schedule time to see both.
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3BEDS
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0.03ACRES
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1BATHS
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01/2 BATHS
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1,224SQFT
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$102$/SQFT
Description
**ATTENTION INVESTORS - Income Opportunity** - Here is a great opportunity to own this Income Producing brick row home property in Darby. Hassle Free Ownership with Guaranteed Rent!! This is currently Section 8 approved and has been for many years. The current owner has annually maintained the property to HUD's standards, and will pass/transfer the Section 8 payment voucher to the new owner for $1270 per month. The current tenants have been living in the property for almost 5 years and are willing to stay as a tenant, if the opportunity arises. Rent hasn't been raised in 5 years, and current lease is in place until September of this year. This income producing home offers 3 bedrooms, living room, dining room, full bath, and kitchen with full unfinished basement, attached 1 car garage, and additional fenced in parking in rear. Tenants pay all utilities. Newer windows and electric updated. Vinyl flooring throughout. Home is rented through this July with a lease. Property is Tenant Occupied. Tenant will be present and will let you inside to see the property. Schedule your showing today through Showing Time! **** Seller/Owner has 2 homes for sale on this same block and is selling both (this home plus one other at 413 Darby Terrace, one block away). The other home also has a Section 8 payment Voucher which will be passed/transferred to the new owner which pays $1300 directly from HUD (HUD pays $1150 and tenant pays an additional $150 per month). Currently has a long time renter who is willing to stay is given the opportunity. Call me for questions or schedule time to see both.
©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Tom Toole Sales Group at RE/MAX Main Line. 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. Data last updated: 2022-05-26T12:54:41.317.