231416 Garrett Road

Drexel Hill, PA 19026

Rarely offered 10 unit mixed used investment property. The 1st floor consists of two commercial store fronts (1-occupied by Dora's bakery and the other is vacant), The 2nd and 3rd floors have 8-1 bedroom apartments, each apartment has a living room, a kitchen, 1 bedroom and 1 bathroom having electric self contained baseboard heat, The rents can be increased considerably with giving some attention to this building as the kitchenette's and the bathrooms are older The below market current rents are as follows: UNIT RENT EXPIRATION 2314 Store $1305 12/31/242314 3FR $675 7/31/242314 2FR $725 4/30/252314 2FF $650 4/30/252314 3FF $635 4/30/252316 Store Vacant2316 2FF $795 4/30/252316 2FR Vacant2316 3FF $675 7/31/242316 3FR $675 7/31/242314 and 2316 Garrett Rd have separate parcel numbers but must be sold together.The annual Real Estate taxes are $26,474.00 and the annual insurance premium is $5,916.00, PECO is $250/mo., Water is $350/mo, the annual Rental Licence fee is $410.00.