Property Overview
Address: 122 Burmont Rd, Drexel Hill, PA 19026
4 Units | 4 Beds | 4 Baths
Building Size: 2,561 Sq Ft
Lot Size: 12,402 Sq Ft (Oversized Lot)
Zoning: R-3 Residential (Legal 4-Unit)
Asking Price: $330,000
ARV: $545,000+
Status: Off-Market – Vacant at Closing
PHOTOS:
https://drive.google.com/drive/folders/1SKoiOnByTp3oB7LGrUQY5btyQfmCLWfR?usp=sharing
Property Highlights
Legal 4-Unit: Three 1 Bed / 1 Bath + One Studio
Studio can be easily converted to a 1 Bed / 1 Bath by adding a door
Detached garage/workshop – rent potential: $600–$700/month
Full basement with separate heating/hot water systems
One unit needs full renovation – others are livable
Roof: ~20 years old – still functional
Massive lot with potential to subdivide or build additional homes (buyer to confirm with township)
Income Potential
3 x 1 Beds @ $1,350/month = $4,050
Converted 1 Bed (currently studio) @ $1,300/month
Garage Income: $600–$700/month
Total Potential Income: $6,000+/month
Comparable Sales
143 E Broadway Ave, Clifton Heights, PA 19018 – Smaller lot, sold AS IS for $326,000
3819–3821 Garrett Rd, Drexel Hill, PA 19026 – Selling for $545,000
Exit Strategies
Buy & Hold – Strong long-term cash flow in a desirable suburb
BRRRR – Light-to-moderate rehab, refinance, and scale
Redevelopment – Explore new construction on the oversized lot
House Hack – Live in one unit and rent out the rest + garage
Access
By appointment only – currently owner-occupied. Remaining units are vacant and will be delivered vacant at closing.