Marshall Gardens Apartments is a 23 Unit Apartment Building for sale in Upper Darby, PA. The building is about 1/3 renovated, with upside potential to complete renovations and increase rents substantially ($100+ per unit). Current owner has shown proof of concept with the renovations bearing upside to the actual rents.
New Roof, New Water Heaters, New Paint in Common Areas, New Coin Operated Laundry, Updated Submetering, Raised Rents, Opportunity to Renovate Remaining 70% of Units to Improve NOI
Excellent Location in Highly Sought After Delaware County, Pennsylvania. Easy Access to SEPTA' s 69th Street Station as well as Route 1, Route 3 and I-476. 69th Street Terminal provides residents with quick access to Center City Philadelphia as well as the surrounding area (Ardmore, Villanova, Media, etc.). The immediate surrounding area to Septa' s 69th Street Terminal is very popular with area residents, housing numerous bars, restaurants, shops, and the Tower Theater concert venue.
Nearby is Route 3 (West Chester Pike), a major east-west thoroughfare through Delaware County which provides short commuting time for Upper Darby residents either east to Center City or west to the Blue Route (I-476) interchange. The many shops and restaurants of the popular 69th Street are only a short distance away. Major employers of the surrounding area include Crozer Keystone' s Delaware County Memorial Hospital, Philadelphia International Airport, and The Navy Yard. Upper Darby is part of the highly regarded Upper Darby School District.
