$440,000

200 BARKER AVE, Sharon Hill, PA 19079

  • 2,198 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 2002
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $200/sqft
  • Property List Date Icon Listed 7 months ago

Property 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.

Listing Status:
Active
Date Added:
November 1, 2025
Data Last Updated:
June 24, 2026 at 2:19AM
Listing Office:
Keller Williams Realty - Marlton : 8564416800
Listing Agent:
Johnny Jones : 8564484088
MLS ID:
PADE2102628
  • Appliances: Built-In RangeDishwasherDryerWasherRefrigerator
  • Basement: Full
  • Flooring: Carpet
  • A/C: Central A/C
  • Heating: Hot WaterNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Contemporary
  • Parking: Asphalt Driveway
  • Roofing: Unknown
  • General: Vinyl SidingAluminum SidingBrick/Mortar
  • Originating MLS: BRIGHT_MAIN
  • School District: SOUTHEAST DELCO
  • County: DELAWARE-PA
  • Zoning: R2041-00-00076-00
  • Utilities: Multiple phone lines
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Johnny Jones , Keller Williams Realty - Marlton

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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