776 GARRETT RD UPPER, Darby, PA 19082 listing details

If you're looking for a turn-key investment opportunity with positive cash flow and a wonderful long-term tenant in place, this is the property for you! Located on a convenient, accessible, yet calm residential/commercial area, this building also offers a low tax rate for the area; your operating expenses are truly minimal. The first floor of this building is used as a day care center, and the large 3 br apartment on the second floor (while currently vacant,) needs just a few updates to make it shine; the whole unit has been freshly painted. The day care center would love to stay, and it's little wonder why; the current owners have recently remodeled and updated everything in this building, ensuring full compliance with ADA and Upper Darby Township building codes alike. (Leases are running month to month while the property is on the market, but again, the happy tenants would love to sign a longer lease with the lucky new buyer.) With minimal maintenance needed, modest expenses, excellent tenants, opportunity to become an owner-occupant, a great location, and a superb cap rate, you'd be remiss not to take a look!