CRYSTAL GRAHAM

Description

Welcome to this fantastic income-producing duplex in the heart of Drexel Hill! The first-floor unit is a spacious 2-bedroom, 2-bath apartment featuring a large living room and dining area, along with a generous eat-in kitchen that offers ample cabinet and counter space for storage and meal preparation. Just off the kitchen, a separate laundry room includes a large closet that can be used as a pantry or additional storage. This unit also has basement access, where the second bathroom and extra storage space are located. Currently, it is rented on a month-to-month basis for $1,500 per month. The second unit is a newly renovated bi-level apartment occupying the second and third floors. As you walk up to the second floor, you’ll find a spacious living room, a modern eat-in kitchen with new cabinets and countertops, and an in-unit laundry area. This level also includes one bedroom and a full bathroom, with access from both the bedroom and hallway. The third floor features three additional generously sized bedrooms and a second full bath with a shower stall. Like the first unit, this apartment has separate utilities, all paid by the tenants. It is currently rented on a month-to-month basis for $1,750 per month. The property boasts a large backyard and a driveway with parking for six or more cars. Conveniently located near major routes including RT1, Baltimore Pike, the Blue Route, and I-95, the home is also within walking distance of public transportation. Nearby amenities include schools, parks, playgrounds, shopping, and a variety of local dining options, such as Artillery Brewing, Station Tap, Hanrahan’s Irish Pub, and Ming’s Coffee & Tea. Both units are currently rented below market value, with 2-bedroom units in the area renting for up to $1,800 per month and 4-bedroom units exceeding $2,000 per month. This property has the potential to generate over $4,000 per month in rental income, making it an excellent investment opportunity!

Features