126 S 5th Street
Darby, PA 19023
- – beds
- – baths
- 3,055 sqft
- 2,614 sqft lot
- $129 per sqft
- 1940 build
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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!
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Last updated Mar 22, 2024
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MLS# PADE2051298 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/21/24
Mar 21, 2024
|
Sold | BRIGHT | $395,000 | -7.1% |
|
2/27/24
Feb 27, 2024
|
Pending | BRIGHT | $425,000 | |
|
1/12/24
Jan 12, 2024
|
Sold Subject To Contingencies | BRIGHT | $425,000 |