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501 Sharon Ave + 1122 Woodland Ave

Sharon Hill, PA 19079$1,000,000

  • For Sale


    Address:501 Sharon Ave
    City:Sharon Hill
    Zip Code:19079


    These properties consists of 13 apartment units and six income producing garages in Sharon Hill, Delaware County, Pa. 1122 Woodland Avenue features of six apartment units and six garages and 501 Sharon Avenue consists of seven newly renovated apartment units. The two properties are located 0.2 miles apart from each other situated in between the Sharon Hill train station. In 501 Sharon Avenue tenants are responsible for gas, electric and owner pays for heat and hot water. A brand-new steam boiler was installed last year with a ten-year limited warranty. In 1122 Woodland Avenue tenants are responsible for all utilities except for water. All units in 1122 Woodland Avenue have their own hot water tanks and boilers. Garages are on a separate electric service and owner pays for electric. Delaware County is the 4th largest county in Pennsylvania in terms of population. As of the 2000 census, there were over 550,000 people residing in the county. Eleven colleges and 15 school districts call Delaware County home. With easy access to Center City Philadelphia and newly renovated units these two assets together are a great investment with above market returns for a qualified investor