Bought with Ama Addo • Perfect Place Real Estate Co.
$265,000
$267,500
0.9%For more information regarding the value of a property, please contact us for a free consultation.
2420 CEDAR LN Drexel Hill, PA 19026
1,500 SqFt
Key Details
Sold Price $265,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $176
Subdivision Drexel Park Garden
MLS Listing ID PADE2109880
Sold Date 05/14/26
Style Traditional
Abv Grd Liv Area 1,500
Year Built 1940
Available Date 2026-03-13
Annual Tax Amount $6,118
Tax Year 2025
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30.90 x 96.37
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Welcome to a prime investment opportunity in the heart of Drexel Hill. This fully occupied, brick end-unit duplex at 2420 Cedar Lane offers immediate cash flow and long-term stability for any portfolio. The property features a versatile unit mix consisting of a 1-bedroom lower unit currently rented at $750/month and a spacious 2-bedroom upper unit rented at $1,300/month, totaling $2,050 in monthly gross income. Tenants enjoy the convenience of a walk-out basement providing dedicated storage and shared laundry facilities with a washer and dryer included.
The exterior boasts a large front yard and a rear built-in garage, adding significant value and appeal. Strategically located just minutes from the high school, middle school, local shopping, and public transportation including the 69th Street Terminal, this property is positioned in a high-demand rental corridor with excellent commutability. Offered at $275,000, this well-maintained asset is a turnkey addition for seasoned investors or those looking to break into the Delaware County market. Interior photos coming soon
Location
State PA
County Delaware
Area Upper Darby Twp (10416)
Zoning RESIDENTIAL
Rooms
Basement Walkout Level, Unfinished
Interior
Interior Features Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Traditional
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Equipment Dryer, Washer, Refrigerator, Stove
Fireplace N
Appliance Dryer, Washer, Refrigerator, Stove
Heat Source Natural Gas
Exterior
Parking Features Built In, Additional Storage Area
Garage Spaces 1.0
Water Access N
Roof Type Flat
Accessibility None
Attached Garage 1
Total Parking Spaces 1
Garage Y
Building
Foundation Stone
Above Ground Finished SqFt 1500
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
Elementary Schools Hillcrest
Middle Schools Drexel Hill
High Schools Upper Darby Senior
School District Upper Darby
Others
Tax ID 16-08-00741-00
Ownership Fee Simple
SqFt Source 1500
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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