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131-133 SAINT CHARLES STREET, DREXEL HILL, PA 19026
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$660,000
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Home Details for 131-133 SAINT CHARLES STREET
Price
$660,000
Type
Multi Family
Bedrooms
8
Year Build
1940
Sq. Ft.
3614
Lot Size
0.39
County
DELAWARE
Garage
2
Tax
$14,650
MLS®️ Listing#
PADE2094078
On exitrealty.com
136 days
Property Description
Incredible income-producing opportunity in the heart of Drexel Hill! This package includes two parcels being sold together (131 & 133 Saint Charles), offering a total of 4 rental units with separate utilities, a rented detached 2-car garage, and a large storage shed with potential for additional income, a driveway that fits 2 cars, and an off-street lot that fits 4-6 cars. Unit breakdown: (Unit 131-B) 1 Bed / 1 Bath unit rented at $995/month; (Unit 131-A) 2 Bed / 1 Bath unit that is vacant and projected rent $1,400/month; (Unit 133-A) 2 Bed / 1 Bath unit rented at $1,720/month; (Unit 133-B) 3 Bed / 1 Bath unit rented at $1,510/month; Garage rented separately at $550/month. Total current monthly income is $4,775, and projected monthly income (with vacant unit rented) is $6,175+. Units on the 133 side have been fully renovated top to bottom. The vacant 2-bedroom unit presents a perfect house hacking opportunity—live in one and let the others pay the mortgage!
This property has undergone approximately $180,000 worth of major renovations and repairs over the last few years. Notable updates include a full roof replacement, sump pit remediation, and significant upgrades to the electrical systems in multiple units. Both 133-B and 133-A received comprehensive interior renovations, including kitchen and bathroom remodels, new finishes, and improved insulation. Additionally, key infrastructure improvements like boiler and water heater replacements, yard work, and siding installation were completed to enhance the property's functionality and value.
Property includes two parcels: 131 Saint Charles (Tax ID: 16-13-03184-00, Zoned R-20 Two-Family) and 133 Saint Charles (Tax ID: 16-13-03184-01, Zoned R-40 Four-Family). A savvy buyer could explore combining or reconfiguring the lots to potentially reduce property taxes by 30–40% based on local comps. Sale includes the oversized lot, detached garage, and storage shed. Property is being sold as-is. Inspections for buyer's informational purposes only. Sellers will obtain the township U&O. Property is in excellent condition and ready for the next investor or owner-occupant! Do not miss this rare opportunity in a strong rental market!
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- Parking
- Oversized
- Gravel
- Paved
- Garage
- Driveway
- Parking Lot
- Detached
- Cooling Information
- Window Unit(s)
- Electric
- Heating Information
- Natural Gas
- Radiant
- Water Features
- Public
Listing Courtesy: Keller Williams Realty Devon-Wayne - 610-647-8300
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-10-16 10:30:44
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EXIT ELEVATE REALTY
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