200 BARKER Ave, Sharon Hill, PA 19079

Sqft
2,198

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams Realty - Marlton
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Overview

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: $42,600
• Verified Annual Operating Expenses: Approximately $12,239
• Projected Net Operating Income (NOI): $30,361/year
• Estimated Cap Rate: 7.3% at $440,000 purchase price
• Unit 1 Rent: $1,800/month through March 31, 2027
• Unit 2 Rent: $1,750/month through June 30, 2027 (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

Full feature list

Basic info

Property type
Multi-family
Square feet
2,198
Lot size (acres)
0.12
Year built
2002

Interior features

Basement
Yes

Exterior features

Horse amenities
Stable

Utilities

Heating
Natural Gas
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2026)
$9,969

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: PADE2119074 Last checked:

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