• 8 GREENWAY AVE, DARBY, Pennsylvania, 19023

  • $69,900
INVESTOR OR FIRST TIME BUYER WANTED! This great opportunity is located on a quiet block in Darby on the border of the Philadelphia Cobbs Creek section. This RECENTLY RENOVATED DUPLEX with many new upgrades and appliances currently has (2) OCCUPIED, (2)-bedroom apartments on the first and second floors. That's right. Earn money on Day 1! Current rental income is $1300/month. A Conventional Loan (20% down at 4% interest rate) will have an average monthly payment of $600 per month, which includes Principal Interest Taxes Insurance. Do the math and realize that you can immediately earn a profit as an investor or let your tenant pay most of your mortgage. If you decide to use this as a starter home and live in one of the apartments, an FHA Loan (3.5% down at an interest rate of 4%) will have an average monthly payment less than $740, which includes Principal Interest Taxes Insurance. That's not bad if your tenant is paying $700 a month. It would only cost you $50 or less to pay your mortgage payment. Each unit has a ton of closet space, a combination of carpet and hardwood floors, spacious basement for storage, and a rear private yard. Many upgrades throughout including a newer roof, hot water heater, and heater. Very Motivated Seller that may consider Seller Assist. Current long-term tenant can stay or move depending on the new owner. Now take advantage of this opportunity and schedule a showing today! BUT WAIT there is more HOME WARRANTY Included in Sale
(215) 474 - 7741
PostedJanuary 17, 2018