Crum Lynne, PA 19022 1227 Eddystone Avenue

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Presented By: Elite Level Realty
  • MLS# PADE2091288
  • 05/22/2025
  • Request Tour
  • Request Info
  • Beds • 2
  • Garage • 1

Home Details

Welcome to 1227 Eddystone Avenue, a rare and highly desirable 1,275 sq ft brick duplex located in the historic Eddystone section of Delaware County. This fully leased, income-producing property features two tenant-occupied one-bedroom apartments, each offering comfortable layouts, modern amenities, and separate entrances and utilities. Ideal for investors seeking immediate cash flow or owner-occupants looking to live in one unit while earning rental income from the other, this multifamily home combines functionality, location, and value. The property includes a partially finished basement with laundry hookups and additional storage space, a private driveway, garage, front yard, a covered front porch, and a rear deckoffering both charm and convenience. With its solid construction and appealing layout, this duplex delivers long-term potential for stable occupancy and steady returns. Strategically located just 10 minutes from the Philadelphia International Airport, the property offers quick and easy access to major highways including I-95 and I-476, as well as nearby shopping centers, restaurants, and local amenities. It is also in close proximity to Widener University (approximately 2 miles), Swarthmore College (5 miles), and the University of Pennsylvania (12 miles), making it an attractive rental option for students, faculty, and professionals alike. From an investment standpoint, this property is highly competitive. Current market rents for one-bedroom units in the Crum Lynne area average around $1,100 per month. Additionally, the 2024 HUD Section 8 Fair Market Rent for a one-bedroom unit in Delaware County is $1,451 per month, presenting significant upside potential for rental increases upon tenant turnover or through Section 8 participation. With both units already occupied and generating income, and with separate utilities in place, this property offers immediate returns with minimal operational complexity. In a market with extremely limited multifamily inventory, this opportunity stands out as a prime acquisition for savvy buyers. Whether you're expanding your portfolio or entering the investment market, 1227 Eddystone Avenue is a smart, strategic purchase with location, income, and appreciation potential. Schedule your private tour today and secure one of the areas most attractive multifamily investments.
Presented By: Elite Level Realty

Interior Features for 1227 Eddystone Avenue

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementPartially Finished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringFully Carpeted, Vinyl, Laminated
Furnished UnitsAll
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesCeiling Fan(s), Window Treatments, Floor Plan - Traditional

General for 1227 Eddystone Avenue

Acceptable FinancingCash, Conventional, FHA, VA
Accessibility2+ Access Exits
AppliancesOven/Range - Gas, Refrigerator
Architectural StyleColonial
Association Recreation FeeN
Cap Rate7.34
CityCRUM LYNNE
Construction MaterialsBrick
Cool FuelNone
CoolingNone
CountyDELAWARE
DirectionsPlease utilize GPS
DisclosuresNone
Electric100 Amp Service
Garage Spaces1.00
Garage Y/NYes
Gross Income24180.00
HeatingRadiator
Home Warranty Y/NNo
Lease TypeMonth to Month
Lot Size Square Feet1742.40
Lot Size UnitsSquare Feet
MLS AreaEddystone Boro (10418)
ModificationTimestamp2025-05-31T17:27:37
MunicipalityEDDYSTONE BORO
Net Operating Income13575.00
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count2
Operating Expense9396.00
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnerPaysLawn/Shrub Care, Management, Common Area Maintenance, Accounting/Legal, Insurance, Repairs, Taxes - Real Estate
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG145.1
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictRIDLEY
Security FeaturesSecurity Gate
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeInterior Row/Townhouse
Subdivision NameRIDLEY PARK
Tax Annual Amount3714.0
Tax Assessed Value90020.0
Tax Lot049-000
Tax Year2024
Total Actual Rent24180.00
Total SQFT1275
Two Bedroom0
UtilitiesElectric Available, Natural Gas Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1940
Year Built SourceAssessor
ZoningR

Exterior for 1227 Eddystone Avenue

# of Attached Garage Spaces1
Exterior AmenitiesSidewalks, Street Lights
Foundation DetailsConcrete Perimeter
Garage FeaturesBasement Garage, Inside Access, Garage - Rear Entry
Land Assessed Value25740.00
Land Use CodeR-10
Lot Dimensions18.00 x 101.00
Lot Size Acres0.04
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesConcrete Driveway
PoolNo Pool
Total Parking Spaces2
Type of ParkingOn Street, Driveway, Attached Garage, Other
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Ridley High School
Elementary School N/A
Middle School N/A

Rachel Shepherd

Price $185,000
MLS#PADE2091288
List Date 05/22/2025
Property Type Contingent
Phone 703.929.4729
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