3 N Wells Ave, Glenolden, PA 19036

Investor Alert! This property would be great for any investor or an owner occupant who wants to have an income producing property! This is a large duplex with over 2000 sqft. The first floor unit is comprised of 2 bedrooms and 1 bull bath and has access to the basement as well as the huge backyard and patio.The estimated rental income for the first floor unit is $1300-1500/month. Potential owner could even finish the basement to get more bedrooms or living space. The 2nd unit is on the second and third floor of the building with 3 bedrooms and 2 full bathrooms. The second floor unit is closer to being rental ready and was most recently leased for $1800/month. The property is situated on a large lot with beautiful fenced yard and 3+ car parking spaces. Both units need some level of renovation making this a great add value opportunity for the new owner to gain some quick equity. There are violations on the property from the city that will be paid by seller at settlement any quotes for repairs to property should include these items. See documents from Glenolden Burough. 2022-06-21