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Photo of 200 Barker Avenue, Sharon Hill PA
200 Barker Avenue
Sharon Hill, PA 19079
# of Units
2
2 Bdrm Units
2
Acres
0.12
Interior SqFt
2,198
Age
24
Heating
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2024)
9,384
Additional Details Below

Description

Turnkey, fully occupied duplex delivering immediate cash flow from day one. 200 Barker Avenue presents a rare investment opportunity in Sharon Hill with strong in-place income, low operating expenses, and long-term upside potential Built in 2002/2004 — significantly newer than much of Sharon Hill’s housing stock — this property offers lower long-term capital expenditure exposure compared to older multifamily inventory throughout the area. Recent improvements include brand-new kitchens, updated flooring, new roof, and upgraded HVAC systems, making this a true turnkey asset with no deferred maintenance. The property consists of two spacious 2-bedroom, 1-bath units totaling approximately 2,198 square feet. Additional features include separate utilities, separate laundry hookups for each unit, common basement storage, exterior lighting on timers, rear yard space, and a private four-car driveway situated on a corner lot. Investment Highlights: • Gross Annual Rental Income: $43,200 • Verified Annual Operating Expenses: Approximately $10,920 • Projected Net Operating Income (NOI): $32,280/year • Estimated Cap Rate: 7.3% at $440,000 purchase price • Unit 1 Rent: $1,800/month through March 31, 2027 • Unit 2 Rent: $1,800/month through June 30, 2026 (renewal pending) • Tenants pay all utilities — separately metered gas & electric • Long-term, reliable tenants already in place • Potential future upside through rent increases • Seller financing considered for the right structure Located near SEPTA Regional Rail with convenient access to Philadelphia and surrounding employment hubs, the property benefits from strong rental demand, stable occupancy trends, and an established Delaware County rental market. Investment package available upon request, including rent roll, lease copies, and expense history.

Location

Listing Details

Property Information

Summary
Architectural Type

Contemporary

Parking

Asphalt Driveway, Off Street

Interior Features
Flooring

Carpet

Basement

Full, Brick/Mortar

Appliances

Built-In Range, Dishwasher, Dryer, Washer, Refrigerator

Exterior Features
Lot Features

Front Yard, Rear Yard, SideYard(s)

Exterior Features

Vinyl Siding, Aluminum Siding

Utilities
Cooling

Central A/C, Electric

Heating

Hot Water, Natural Gas

Hot Water

Natural Gas

Sewer

Public Sewer

Water

Public

Additional Utilities

Multiple Phone Lines

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: R20
Lattitude : 39.908290
Longitude : -75.271470
MLS# : PADE2102628
Views : 254
Listing Courtesy: Johnny Jones of Keller Williams Realty - Marlton

Notes

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