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3617 Garrett Rd 5 Unit Apartment Building $625,000 ($125,000/Unit) 7.20% Cap Rate Drexel Hill, PA 19026



Executive Summary
Available now... Income Producing Property in Drexel Hill. Property consists of 4- 2 bedroom apartments and one commercial unit with good rental history. One apartment has just been renovated and is listed for rent. Tenants pay utilities except water and common area electric. Operating as a 7.2 cap rate with slightly under market rents. This property has high visibility and is convenient to public transportation, shopping and schools. Great opportunity for investors or the savvy house hacker. Contact agent for showings.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
1 1
Walk Score®
Very Walkable (80)
Property Taxes
| Parcel Number | 16-12-00375-00 | Improvements Assessment | $257,220 |
| Land Assessment | $67,160 | Total Assessment | $324,380 |
Property Taxes
Parcel Number
16-12-00375-00
Land Assessment
$67,160
Improvements Assessment
$257,220
Total Assessment
$324,380
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3617 Garrett Rd
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