• 3 views

Rare opportunity to own a turn-key and fully occupied, cash-flowing duplex in a prime Upper Merion location with strong rental history and immediate income from day one. Currently generating $49,884 in annual rental income, this is an ideal property for an investor seeking stable, in-place returns with minimal upkeep. The first-floor unit offers 3 bedrooms, while the second-floor unit features 2 bedrooms. Each unit includes its own dedicated basement storage area, plus access to shared laundry facilities. Both units feature updated kitchens and bathrooms, newer upgraded countertops, and durable vinyl plank flooring throughout, creating a modern feel while keeping maintenance costs low. Combined with the separately metered utilities and recent major improvements, this property is especially well suited for an investor looking for a low-maintenance investment. Utilities are separately metered, with tenants paying their own gas and electric, while the landlord covers water and sewer. Major improvements include a roof replacement in 2019 and a new water heater installed in 2019, helping minimize near-term capital expenses. Located in the highly desirable Upper Merion School District, this property benefits from strong and consistent rental demand. Its prime location and sought-after school district make it especially attractive to tenants and support long-term investment value. Based on the seller's reported 2025 operating expenses and gross income, the property offers an estimated 6.7% cap rate at the proposed list price, offering a compelling in-place returns with both units currently leased. A fully occupied, income-producing property with separate utilities, updated interiors, low-maintenance features, and strong investment fundamentals. Don't miss out on this rare opportunity! Make your appointment today!

Source: BRIGHT MLS, MLS#: PAMC2174454

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  • Property Type
    Residential Income
  • Lot
    0.15 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 414 CHURCH STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/5/2026Source: BRIGHT MLS Price Reduction
$609,900 -3.2%
5/15/2026Source: BRIGHT MLS Status Change
ACTIVE
5/11/2026Source: BRIGHT MLS Status Change
ACTIVE UNDER CONTRACT
4/12/2026Source: BRIGHT MLS Status Change
ACTIVE
4/8/2026Source: BRIGHT MLS Added to Database
April 08, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 09, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
12/3/2024Source: BRIGHT MLS Price Reduction
$1,750 -5.4%
12/3/2024Source: BRIGHT MLS Added to Database
March 11, 2024
12/3/2024Source: BRIGHT MLS Status Change
ACTIVE
12/3/2024Source: BRIGHT MLS Status Change
ACTIVE UNDER CONTRACT
12/3/2024Source: BRIGHT MLS Status Change
CLOSED
Listing provided courtesy of EveryHome Realtors- MLS# PAMC2174454MLS ProviderContact Information: [email protected] - 2156995555