2420 Cedar Ln, Drexel Hill, PA 19026
Local realty services provided by:ERA Reed Realty, Inc.
2420 Cedar Ln,Drexel Hill, PA 19026
$267,500
- 3 Beds
- - Baths
- 1,500 sq. ft.
- Multi-family
- Pending
Listed by: jaimee l smith
Office: compass pennsylvania, llc.
MLS#:PADE2109880
Source:BRIGHTMLS
Price summary
- Price:$267,500
- Price per sq. ft.:$178.33
About this home
Welcome to a prime investment opportunity in the heart of Drexel Hill. This fully occupied, brick end-unit duplex at 2420 Cedar Lane offers immediate cash flow and long-term stability for any portfolio. The property features a versatile unit mix consisting of a 1-bedroom lower unit currently rented at $750/month and a spacious 2-bedroom upper unit rented at $1,300/month, totaling $2,050 in monthly gross income. Tenants enjoy the convenience of a walk-out basement providing dedicated storage and shared laundry facilities with a washer and dryer included.
The exterior boasts a large front yard and a rear built-in garage, adding significant value and appeal. Strategically located just minutes from the high school, middle school, local shopping, and public transportation including the 69th Street Terminal, this property is positioned in a high-demand rental corridor with excellent commutability. Offered at $275,000, this well-maintained asset is a turnkey addition for seasoned investors or those looking to break into the Delaware County market. Interior photos coming soon...
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Home facts
- Year built:1940
- Listing ID #:PADE2109880
- Added:65 day(s) ago
- Updated:May 14, 2026 at 07:41 AM
Rooms and interior
- Bedrooms:3
- Kitchen Description:Carpet, Refrigerator, Stove
- Basement:Yes
- Basement Description:Unfinished, Walkout Level
- Living area:1,500 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Hot Water, Natural Gas
Structure and exterior
- Roof:Flat
- Year built:1940
- Building area:1,500 sq. ft.
- Lot area:0.07 Acres
- Architectural Style:Traditional
- Construction Materials:Brick
- Foundation Description:Stone
Schools
- High school:UPPER DARBY SENIOR
- Middle school:DREXEL HILL
- Elementary school:HILLCREST
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$267,500
- Price per sq. ft.:$178.33
- Tax amount:$6,118 (2025)
Features and amenities
- Amenities:Carpet, Ceiling Fan(s)
Parking
- Parking description:Additional Storage Area, Alley, Attached Garage, Built In
- Garage:Yes
- Garage spaces:1
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