See Home Value
$395,000
Townhouse - Off Market

126 S 5TH ST

DARBY, PA 19023
bedrooms
Studio
bathrooms
0 Bath
square feet
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!
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


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
4 Baths
3,109 ft²
$127/ft²
$394,000 May 5, 2023
$394,000 Oct 24, 2023
-
House
4 Beds
3 Baths
2,841 ft²
$162/ft²
$460,000 Dec 1, 2022
$460,000 May 31, 2023
-
House
4 Beds
3 Baths
1,969 ft²
$168/ft²
$330,000 Nov 10, 2023
$330,000 Dec 20, 2023
-
Multifamily
Stu
-
-
$359,000 Jan 6, 2024
-
-
Land
Loft
-
-
$370,000 Dec 6, 2023
-
-
Commercial
Loft
-
-
$349,850 Jul 11, 2023
-
-
Land
Loft
-
-
$495,000 May 1, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220108
01/08/2022
Studio
-
3055 ft²
$425,000
bedrooms
Studio
bathrooms
-
square feet
3055 ft²
-
-
-
Michel Lautensack
Del Val Realty & Property Management
20200906
09/06/2020
Studio
-
3055 ft²
$375,000
bedrooms
Studio
bathrooms
-
square feet
3055 ft²
-
-
-
-

Building Info

126 South 5th Street 126 South 5th Street, Darby, PA 19023
  • 1 Unit for Sale
More about this Building
126 South 5th Street
Want to find out who owns 126 South 5th Street, Darby, PA 19023? Get detailed property transactions here .

About Darby


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