Welcome to 708 Lindale Ave, a charming duplex located in Drexel Hill, Pennsylvania. This property offers a fantastic opportunity for investors seeking a turnkey rental with numerous amenities and recent updates. With two recently remodeled apartments, full-size brand-name appliances, private entrances, and modern features, this duplex promises comfortable living for tenants and an attractive cash flow for the owner.
Both apartments have undergone recent remodeling, including upgraded kitchens and bathrooms. The modern design and fixtures ensure a contemporary living experience for tenants.
Each apartment is equipped with its own pantry and a comprehensive set of appliances, including a dishwasher, refrigerator with an ice maker, microwave, oven, washer, and dryer. These conveniences enhance the appeal and practicality of the units.
Busy parents and individuals will appreciate the in-unit laundry rooms in each apartment. This feature adds a level of convenience and eliminates the need for tenants to use off-site laundry facilities.
Ceiling fans in both the bedrooms and living rooms provide excellent ventilation and comfort. Additionally, AC window units in each bedroom ensure a pleasant living environment during warmer months, while a basement storage shelf offers space for belongings during colder seasons.
Both apartments have their own private entrances, providing tenants with a sense of privacy and independence.
The property's recent upgrade to gas heating and a hot water heater adds efficiency and cost savings. Separate plumbing lines for each tenant allow for individual water billing. The addition of a second sewer line is the only requirement to complete this setup.
The property includes designated storage for trash cans, offering convenience and practicality, especially during inclement weather.
Each apartment features a spacious attic on the third floor, providing extra storage or potential usage based on tenant needs.
The property is ready for immediate occupancy, with minor updates such as new carpets and paint needed between tenants. This turnkey nature streamlines the rental process and minimizes downtime.
Each apartment has its own electric panel, ensuring individualized control and easy management of electricity usage.
The first-floor apartment is currently rented at $1,400, generating consistent rental income. Additionally, the property includes a two-car garage at the back, currently being rented. The basement offers further rental potential or ample storage space for the owner.
The neutral color palette throughout the property provides a versatile backdrop for tenants' personal decor choices.
708 Lindale Ave presents a remarkable opportunity to own a well-maintained duplex that offers modern amenities, private living spaces, and a convenient location. With its recent updates and turnkey nature, this property is an attractive option for investors looking to capitalize on the rental market while providing tenants with comfortable and well-equipped homes.