MICHELLE D VARNER

Description

Imagine owning a property that not only offers immediate rental income but also sits in one of Glenolden’s most sought-after locations. Welcome to 220 S Scott Ave, a beautifully maintained triplex that presents an ideal opportunity for any savvy investor or owner-occupier looking to maximize their real estate portfolio. As you step onto this well-kept street, it’s easy to see the appeal of this neighborhood. Pristine, tree-lined, and peaceful, with convenient access to local schools, parks, shopping, and the beloved Wawa, this property is perfectly situated. The accessibility to major roadways ensures that tenants will have an easy commute, while the quiet charm of the area makes it an attractive place to call home. Inside, the triplex unfolds into three distinct and spacious units, each offering its own unique character and updates. The first-floor unit is the largest, boasting three generous bedrooms and a newly renovated kitchen and bath, complete with real tile floors. Picture your tenants enjoying a sunny afternoon on the freshly painted private deck, or the convenience of having direct access to the basement’s washer and dryer. With a spacious dining area, a large kitchen, and a bright living room, this unit offers both space and comfort. Moving upstairs, the second-floor unit offers a welcoming layout with high ceilings, two bedrooms, and a well-appointed bathroom. The kitchen is functional and inviting, while the living room is spacious enough to accommodate any tenant’s needs. This unit, like the others, has been carefully updated, offering modern conveniences in a timeless setting. At the top, the third-floor unit has been thoroughly transformed with modern touches. Imagine renters enjoying the sleek laminate and tile flooring, the fully updated kitchen with new appliances, and a luxurious multi-jet shower. They’ll also have access to an outdoor patio via the recently painted fire escape, a perfect spot to relax and take in the view. This cozy one-bedroom unit provides an attractive living space for someone seeking a blend of modern amenities and charm. As an investor, you’ll also appreciate the many updates that make this property a sound purchase. The recently paved driveway offers plenty of parking for tenants, while the three-car detached garage with its new roof provides additional rental income. With three new hot water heaters, separate electric meters for each unit, a well-maintained boiler system, and newly painted deck, the property is not only efficient but easy to manage. Plus, the brand-new oil tank installed in 2019 ensures reliable heating, while the waterproofed basement with two washer/dryer hookups adds even more convenience for your tenants. This property is fully rented on yearly leases, providing immediate cash flow for the next owner. As the current owner covers water, property taxes, common area electric, and oil heating cost. Tenants pay for their own electric to enjoy comfortable living spaces without additional utilities to worry about, while you benefit from stable, predictable income. 220 S Scott Ave offers a rare combination of charm, location, and financial opportunity. With low maintenance costs and a move-in-ready setup, this triplex is an investment that practically manages itself. Schedule your appointment today, and envision the possibilities this property could bring to your portfolio.
Tesla Charger Capable NEMA 14-50 Outlet installed in garage

Features