BEDS3
BATHS1 full
SQUARE FEET1,680
MLS#PADE2125558
STATUSACTIVE
PROPERTY TYPEResidential - Townhouse
SUBDIVISIONLANSDOWNE PARK
SCHOOLWILLIAM PENN
Property Description
ATTENTION INVESTORS! TURNKEY, INCOME-PRODUCING RENTAL PROPERTY WITH A 12% GROSS ANNUAL RENTAL YIELD! 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!
Property Features
Property Type: Residential - Townhouse
Basement: Yes
Basement: Full, Interior Access, Outside Entrance, Rear Entrance
Cooling: None
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: AirLite
Lot Size: 0.03 Acres
Stories: 3.0
Taxes: $3,676
Year Built: 1950
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 2
Exterior: Brick
Lot Dimensions: 0.03 Acre(S)
Municipality: DARBY BORO
Parking Notes: 1 Total Parking Spaces
Sewer: Public Sewer
SQFT Above Finished: 1120
SQFT Below Finished: 560
SQFT Total Finished: 1680
Structure Type: Interior Row/Townhouse
Total Garage/Parking Spaces: 1
Water: Public
Local Schools
School District: WILLIAM PENN
Listed By / Shown By
Listed By
Agency Name: Milia Team Realty
Agency Phone: 4848728336
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 749.37 per month $391.70 Principal & Interest $306.33 Property Tax $51.33 Homeowner's InsuranceChange Payment Information
211 Weymouth Road | MLS# PADE2125558
This townhouse located at 211 Weymouth Road, Darby, PA 19023 is currently listed for sale with an asking price of $176,000. This property was built in 1950 and has 3 bedrooms and 1 full baths with 1680 sq. ft. Weymouth Road is located in the LANSDOWNE PARK subdivision within the WILLIAM PENN school district. Search LANSDOWNE PARK real estate on www.realtymarkllc.com today.