DELAWARE SCHOOL OF REAL ESTATE

Description

Charming and well-maintained 2-unit property on a quiet street near Ambler Borough, offering flexibility for investors or owner-occupants. The first-floor unit includes 1 bedroom and 1 bath, a living room, dining room, kitchen, and laundry room, plus a cozy front porch ☕ perfect for morning coffee. This level has been owner-occupied and not rented, making it move-in ready for a buyer who wishes to live here or lease it for additional income. The second-floor unit was home to a long-term tenant for 6 years, consistently rented at $1,500/month. The owners were conservative with price increases, and today’s market can support higher rents. After the tenant moved out, the bathroom and the kitchen were updated. The upstairs unit offers 1 bedroom, 1 bathroom a living room, an eat-in kitchen, and a loft/flex space that could serve as a second bedroom 🛏️. Each apartment has its own newly built storage unit in the backyard, and the home is equipped with separate electric meters, furnaces, and oil tanks for ease of management. Additional highlights include a spacious backyard 🌿 for shared outdoor enjoyment, ample off-street parking, and a gas meter already in place: the first-floor stove is already gas, there’s a gas line next to the dryer for easy conversion, and piping beside the furnace for a straightforward switch. PECO also installed a double fitting outside, allowing for a future second meter to serve the upstairs furnace and hot water. This is a rare opportunity to find a multi-unit property so carefully maintained. Located in a prime spot within a top-rated school district, this home offers stability and the ability to command strong rental rates. It’s the perfect opportunity to house hack—live in one unit while renting the other to offset your mortgage 💰—or hold it as a longer-term investment in a great neighborhood. Convenient to downtown Ambler’s restaurants and shops, Weaver’s Way Co-op, local parks, and the train station for an easy commute.

Features