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sales rep | Brivity IDX

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220 Taylor Ave , Essington, PA 19029
$699,900
Est. Payment: $3,780.98/mo
4176 Sqft
0.12 Acres
Status: active | Days on site: 60
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CGRTY1 - 3322312
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House Description

220-222 Taylor Ave, Essington, PA – Prime 5-Unit Multifamily Investment Opportunity Don't miss this outstanding opportunity to acquire a well-maintained, income-producing 5-unit multifamily property in Essington. The building features four spacious 2-bedroom, 1-bath apartments along with a finished basement efficiency apartment, currently generating $79,800 in annual gross rental income. The current rent roll consists of the efficiency unit at $900 per month, with the remaining apartments renting for $1,150, $1,250, $1,400, and $1,450 per month. In addition to the apartment income, the property includes a detached two-car garage that generates $500 per month in rental income. The garage is situated on its own separate 50' x 100' lot, which is included in the sale, providing additional value and future potential for the next owner. This property offers immediate cash flow with significant upside. The current rents are below market, with comparable two-bedroom units in the area supporting rents of approximately $1,600 per month, creating an attractive value-add opportunity through future lease renewals. The building is equipped with four separate heating systems and four separate water heaters, helping to efficiently serve the residential units and simplify utility management. The owner is responsible for water, common area maintenance, lawn care, and snow removal, with water costs averaging approximately $200 per month. Even with these expenses, the property provides strong income today while offering the potential for increased returns as rents are brought to market levels. Conveniently located near Philadelphia International Airport, I-95, and major employment centers, 220-222 Taylor Ave presents a rare opportunity to acquire a stable multifamily asset with immediate cash flow, rental upside, and the added benefit of a separately deeded garage lot included in the sale. Whether you're an experienced investor or looking to expand your portfolio, this property offers an exceptional combination of current income and long-term appreciation potential.

Highlights

Listed by Vincent Michael Memmo , 2152688367 CG Realty, LLC , 6105665182. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.12

Year Built

1950

County

Delaware

Area

Tinicum Twp (10445)

School District

Interboro

Listing ID

PADE2122982

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Interior Features

Air Cond:Window Unit(s)
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:50.00 x 100.00
Garage Capacity:5
Zoning:RESID
Others:
  • ▪ Additional:Excellent
Sewer:Public Sewer
Parking Features:Oversized,Detached Garage,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$3,781
Taxes
$679

Home Price

$699,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$139,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,780.98

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,780.98 $679.42 $0.00 $4,460.40
Yearly $45,371.77 $8,153.00 $0.00 $53,524.77
Total $1,361,153.14 $244,590.00 $0.00 $1,605,743.14
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Essington, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS