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$799,900
220-222 Taylor Ave, Essington, PA – Prime 5-Unit Multifamily Investment Opportunity Don't miss this outstanding opportunity to acquire a well-maintained, income-producing 5-unit multifamily property in Essington. The building features four spacious 2-bedroom, 1-bath apartments along with a finished basement efficiency apartment, currently generating $79,800 in annual gross rental income. The current rent roll consists of the efficiency unit at $900 per month, with the remaining apartments renting for $1,150, $1,250, $1,400, and $1,450 per month. In addition to the apartment income, the property includes a detached two-car garage that generates $500 per month in rental income. The garage is situated on its own separate 50' x 100' lot, which is included in the sale, providing additional value and future potential for the next owner. This property offers immediate cash flow with significant upside. The current rents are below market, with comparable two-bedroom units in the area supporting rents of approximately $1,600 per month, creating an attractive value-add opportunity through future lease renewals. The building is equipped with four separate heating systems and four separate water heaters, helping to efficiently serve the residential units and simplify utility management. The owner is responsible for water, common area maintenance, lawn care, and snow removal, with water costs averaging approximately $200 per month. Even with these expenses, the property provides strong income today while offering the potential for increased returns as rents are brought to market levels. Conveniently located near Philadelphia International Airport, I-95, and major employment centers, 220-222 Taylor Ave presents a rare opportunity to acquire a stable multifamily asset with immediate cash flow, rental upside, and the added benefit of a separately deeded garage lot included in the sale. Whether you're an experienced investor or looking to expand your portfolio, this property offers an exceptional combination of current income and long-term appreciation potential.

220 Taylor Ave, Essington

Listing courtesy of CG Realty, LLC. Contact: 6105665182
$742,000
4 Beds ⋅ 4 Baths
Welcome Home! This Lovely Stone single family home is absolutely "One of a Kind" and located in Glenolden Borough! This unique property has been very well maintained with many upgrades top to bottom. Beautiful hard wood floors welcome you as you pass through the front foyer and continue throughout the entire first floor. The living room is bright and cherry with plenty of natural sunlight that filters through the enormous picture window. The stone wood burning fireplace offers a warm and cozy feel to this spacious room. The formal dining room boasts hard woods as well and can accommodate a very large family on special occasions. If you like to cook; this kitchen will "knock you out" and is definitely the kitchen you have always dreams of! Special kitchen features include: various sized Oak cabinets, all stainless steel appliances, double oven, abundant counter space, ceramic tile backsplash and a bright breakfast nook. Additionally, the main floor features a Master bedroom with full tile bath, two other spacious bedrooms that have plenty of closet space. The second floor consists of a huge 4th bedroom with vaulted ceilings, recessed lighting and a gigantic walk-in closet. To the right of this bedroom is a newly remodeled ceramic tile full hall bathroom with enclosed glass shower. The entire right side of the attic is separate, floored and perfect for additional storage or other accommodations. The enormous fully finished lower level is a showplace all on its own starting with the ceramic tile foyer & driveway entrance, a beautiful family room with stone fireplace, ceramic tile flooring, recessed lighting and ceiling fans. There is a separate bonus room that is currently being used as an office and a complete laundry room that can easily be converted to a 5th bedroom. An updated full ceramic tile bath with enclosed shower, a separate 10 x 16 utility room and a door to access the attached garage complete this amazing lower level. This spectacular home absolutely has it ALL! Additional special features include: Beautiful landscaping, brand new 18 x 24 front patio 2025, private driveway that can accommodate 10+ cars and an outside covered Pavilion with fireplace; excellent for entertaining. There is a second 2 car garage which is now being used for storage and can also be used as an exercise room, entertainment room, in-law suite or turned back into a garage. This property is centrally located to schools, public transportation, major routes & highways - 95 & 476, local train station, Center City Philadelphia & the Philadelphia Airport. This home is truly AMAZING; so schedule your showing today.

101 S Elmwood Ave, Glenolden

Listing courtesy of RE/MAX Prime Real Estate. Contact: 6106227500
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