$395,000
●
Townhouse -
Off Market
126 S 5TH ST
DARBY, PA 19023
Studio
0 Bath
3055 Sqft
$2,087
Estimated Monthly
$0
HOA / Fees
About This Property
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!
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!
Unit Size
3,055Ft²
Days on Market
232 days
Land Size
0.06 acres
Price per sqft
$139
Property Type
Townhouse
Property Taxes
$432
HOA Dues
-
Year Built
1940
Last updated: 2 months ago (Bright MLS #PADE2051298)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 21, 2024 | Sold | $395,000 | |
Sold | |||
Jan 28, 2024 | In contract | - | |
In contract | |||
Aug 2, 2023 | Listed by Realty Mark Cityscape-King of Prussia | $425,000 | |
Listed by Realty Mark Cityscape-King of Prussia | |||
Mar 3, 2022 | Sold | $382,750 | |
Sold | |||
Oct 10, 2018 | Sold | $300,000 | |
Sold |
Property Highlights
Air Conditioning
Parking Details
Parking Features: On Street
Interior Details
Interior Information
Living Area Square Feet Source: Assessor
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Foundation Details: Stone
Other Structures: Above Grade, Below Grade
Structure Type: End of Row/Townhouse
Construction Materials: Stucco
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Dimensions: 25.00 x 99.00
Lot Size Source: Assessor
Land Information
Land Assessed Value: $107,110
Financial Details
County Tax: $321
County Tax Payment Frequency: Annually
City Town Tax: $1,568
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $107,110
Tax Year: 2023
Tax Annual Amount: $5,179
Year Assessed: 2023
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Hot Water
Cooling Fuel: Electric
Heating Fuel: Oil, Natural Gas
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
6
Beds
4
Baths
3,109 ft²
$127/ft²
$394,000
May 5, 2023
$394,000
Oct 24, 2023
-
Sold
House
4
Beds
3
Baths
2,841 ft²
$162/ft²
$460,000
Dec 1, 2022
$460,000
May 31, 2023
-
Sold
House
4
Beds
3
Baths
1,969 ft²
$168/ft²
$330,000
Nov 10, 2023
$330,000
Dec 20, 2023
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/08/2022
|
|
Studio
|
-
|
3055 ft²
|
$425,000
Studio
-
3055 ft²
|
-
-
|
-
|
Michel Lautensack
Del Val Realty & Property Management
|
09/06/2020
|
|
Studio
|
-
|
3055 ft²
|
$375,000
Studio
-
3055 ft²
|
-
-
|
-
|
-
|
Building Info
About Darby
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