MLS® ID: 1004467045
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!