$ 630,000
-
$630,000
Price -
5
Bed -
0
Bath -
2,128
SqFt
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About the Listing EVRYHMRT - 3271847
Rare opportunity to own a turn-key and fully occupied, cash-flowing duplex in a prime Upper Merion location with strong rental history and immediate income from day one. Currently generating $50,484 in annual rental income, this is an ideal property for an investor seeking stable, in-place returns with minimal upkeep. The first-floor unit offers 3 bedrooms, while the second-floor unit features 2 bedrooms. Each unit includes its own dedicated basement storage area, plus access to shared laundry facilities. Both units feature updated kitchens and bathrooms, newer upgraded countertops, and durable vinyl plank flooring throughout, creating a modern feel while keeping maintenance costs low. Combined with the separately metered utilities and recent major improvements, this property is especially well suited for an investor looking for a low-maintenance investment. Utilities are separately metered, with tenants paying their own gas and electric, while the landlord covers water and sewer. Major improvements include a roof replacement in 2019 and a new water heater installed in 2019, helping minimize near-term capital expenses. Located in the highly desirable Upper Merion School District, this property benefits from strong and consistent rental demand. Its prime location and sought-after school district make it especially attractive to tenants and support long-term investment value. Based on the seller’s reported 2025 operating expenses and gross income, the property offers an estimated 6.7% cap rate at the proposed list price, offering a compelling in-place returns with both units currently leased. A fully occupied, income-producing property with separate utilities, updated interiors, low-maintenance features, and strong investment fundamentals. Don't miss out on this rare opportunity! Make your appointment today!
Listing Highlights
Status
Active
Days on Site
28
Property Type
Multi-Family
MLS ®
PAMC2174454
Year Built
1946
Total Square Footage
2,128
Lot/Acreage
0.15
Interior Details
- Bedrooms: 5
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2128
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 50.00 x 0.00
- Zoning: R2
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $4,081
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
414 Church St King Of Prussia, PA 19406
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