1,275 SqFt
1,275 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,275 sqft
Price per Sqft $145
Subdivision Ridley Park
MLS Listing ID PADE2091288
Style Colonial
Abv Grd Liv Area 1,275
Year Built 1940
Available Date 2025-05-24
Annual Tax Amount $3,714
Tax Year 2024
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 18.00 x 101.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
The property includes a partially finished basement with laundry hookups and additional storage space, a private driveway, garage, front yard, a covered front porch, and a rear deck—offering both charm and convenience. With its solid construction and appealing layout, this duplex delivers long-term potential for stable occupancy and steady returns.
Strategically located just 10 minutes from the Philadelphia International Airport, the property offers quick and easy access to major highways including I-95 and I-476, as well as nearby shopping centers, restaurants, and local amenities. It is also in close proximity to Widener University (approximately 2 miles), Swarthmore College (5 miles), and the University of Pennsylvania (12 miles), making it an attractive rental option for students, faculty, and professionals alike.
From an investment standpoint, this property is highly competitive. Current market rents for one-bedroom units in the Crum Lynne area average around $1,100 per month. Additionally, the 2024 HUD Section 8 Fair Market Rent for a one-bedroom unit in Delaware County is $1,451 per month, presenting significant upside potential for rental increases upon tenant turnover or through Section 8 participation. With both units already occupied and generating income, and with separate utilities in place, this property offers immediate returns with minimal operational complexity.
In a market with extremely limited multifamily inventory, this opportunity stands out as a prime acquisition for savvy buyers. Whether you're expanding your portfolio or entering the investment market, 1227 Eddystone Avenue is a smart, strategic purchase with location, income, and appreciation potential. Schedule your private tour today and secure one of the area's most attractive multifamily investments.
Location
State PA
County Delaware
Area Eddystone Boro (10418)
Zoning R
Rooms
Basement Partially Finished
Interior
Interior Features Ceiling Fan(s), Window Treatments, Floor Plan - Traditional
Hot Water Electric
Heating Radiator
Cooling None
Flooring Fully Carpeted, Vinyl, Laminated
Equipment Oven/Range - Gas, Refrigerator
Fireplace N
Appliance Oven/Range - Gas, Refrigerator
Heat Source Natural Gas
Exterior
Parking Features Basement Garage, Inside Access, Garage - Rear Entry
Garage Spaces 2.0
Utilities Available Electric Available, Natural Gas Available, Water Available
Water Access N
Accessibility 2+ Access Exits
Attached Garage 1
Total Parking Spaces 2
Garage Y
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Ridley
School District Ridley
Others
Tax ID 18-00-00149-00
Ownership Fee Simple
SqFt Source Estimated
Security Features Security Gate
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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