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3 Beds
1 Bath
1,680 SqFt
3 Beds
1 Bath
1,680 SqFt
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $104
Subdivision Lansdowne Park
MLS Listing ID PADE2125558
Style AirLite
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,120
Year Built 1950
Annual Tax Amount $3,676
Tax Year 2026
Lot Size 1,307 Sqft
Acres 0.03
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Looking to add a cash-flowing property to your investment portfolio? Look no further than 211 Weymouth Road! Offered at just $176,000, this tenant-occupied property generates $1,760 per month in rental income, totaling $21,120 annually!
LONG-TERM TENANT IN PLACE SINCE AUGUST 2010! That's over 16 years of continuous occupancy! The tenant participates in the Housing Choice Voucher Program (commonly known as Section 8), with a lease secured through August 31, 2027. The program provides housing assistance payments directly to participating landlords, offering an attractive source of rental income.
LOW LANDLORD UTILITY RESPONSIBILITIES! The landlord is responsible for sewer and trash only, helping keep operating expenses manageable. Additional features include natural gas heating, a natural gas water heater, and a finished basement offering valuable additional living space.
With a purchase price of $176,000 and annual rental income of $21,120, this property offers an impressive 12% gross rental yield before operating expenses, making it an attractive opportunity for investors seeking immediate rental income without the hassle of finding a tenant.
Whether you're a seasoned investor expanding your portfolio or purchasing your first rental property, this is an opportunity worth considering. An established, long-term tenant, existing rental income, and a lease extending into 2027 make this an excellent addition to any rental portfolio!
Location
State PA
County Delaware
Area Darby Boro (10414)
Zoning RESIDENTIAL
Rooms
Basement Full, Interior Access, Outside Entrance, Rear Entrance
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Water Access N
Accessibility None
Total Parking Spaces 1
Garage N
Private Pool No
Building
Story 3
Foundation Concrete Perimeter
Above Ground Finished SqFt 1120
Sewer Public Sewer
Water Public
Architectural Style AirLite
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District William Penn
Others
Senior Community No
Tax ID 14-00-03736-00
Ownership Fee Simple
SqFt Source 1680
Special Listing Condition Standard
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shariesellsrealestate@gmail.com
10321 Southern Maryland Blvd, Dunkirk, MD 20754, USA