$ 440,000
-
$440,000
Price -
4
Bed -
2
Bath -
2,198
SqFt
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About the Listing 55777 - 3122195
Turnkey, fully occupied duplex delivering immediate cash flow from day one. 200 Barker Avenue presents a rare investment opportunity in Sharon Hill with strong in-place income, low operating expenses, and long-term upside potential. Built in 2002/2004 — significantly newer than much of Sharon Hill’s housing stock — this property offers lower long-term capital expenditure exposure compared to older multifamily inventory throughout the area. Recent improvements include brand-new kitchens, updated flooring, new roof, and upgraded HVAC systems, making this a true turnkey asset with no deferred maintenance. The property consists of two spacious 2-bedroom, 1-bath units totaling approximately 2,198 square feet. Additional features include separate utilities, separate laundry hookups for each unit, common basement storage, exterior lighting on timers, rear yard space, and a private four-car driveway situated on a corner lot. Investment Highlights: • Gross Annual Rental Income: $43,200 • Verified Annual Operating Expenses: Approximately $10,920 • Projected Net Operating Income (NOI): $32,280/year • Estimated Cap Rate: 7.3% at $440,000 purchase price • Unit 1 Rent: $1,800/month through March 31, 2027 • Unit 2 Rent: $1,800/month through June 30, 2026 (renewal pending) • Tenants pay all utilities — separately metered gas & electric • Long-term, reliable tenants already in place • Potential future upside through rent increases • Seller financing considered for the right structure Located near SEPTA Regional Rail with convenient access to Philadelphia and surrounding employment hubs, the property benefits from strong rental demand, stable occupancy trends, and an established Delaware County rental market. Investment package available upon request, including rent roll, lease copies, and expense history.
Listing Highlights
Status
Active
Days on Site
215
Property Type
Multi-Family
MLS ®
PADE2102628
Year Built
2002
Total Square Footage
2,198
Lot/Acreage
0.12
County
Delaware
Neighborhood
Sharon Hill
School District
Southeast Delco
Elementary School
Sharon Hill
High School
Academy Park
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Built-In Range, Dishwasher, Dryer, Washer, Refrigerator
- Air Cond: Central A/C
- Heating: Hot Water
- Fireplaces:
- Floor: Carpet
- Above Ground Sq Ft: 2198
- Below Ground Sq Ft: 0
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Lot Description: Front Yard,Rear Yard,SideYard(s),Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 50.00 x 115.00
- Zoning: R20
- Roof: Unknown
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: Asphalt Driveway,Off Street
Financial Details
- Tax Amount: $9,384
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
200 Barker Ave Sharon Hill, PA 19079
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