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Great opportunity to own a three-unit multifamily property at 317 Felton Avenue in Sharon Hill, PA. This property offers a unique combination of existing rental income and additional income potential, making it an excellent option for both investors and owner-occupants. The property consists of a 1-bedroom, 1-bathroom unit, a studio unit, and a spacious 4-bedroom, 1-bathroom unit. The 1-bedroom and studio units currently generate a combined monthly rental income of $2,025, while the 4-bedroom unit is vacant and ready for its next occupant. For an owner-occupant, this property presents an opportunity to live in the vacant 4-bedroom unit while collecting rent from the other two units to help offset monthly housing expenses. Investors can explore leasing the vacant 4-bedroom unit to generate additional rental income and increase the property’s overall cash flow. With three separate units and multiple possibilities for maximizing rental income, this property offers flexibility for a variety of investment strategies. Conveniently located in Sharon Hill, with access to local shopping, public transportation, major roadways, and surrounding Delaware County communities.
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