Opportunity is knocking in Lafayette Hill! This is an excellent opportunity to own a purpose-built duplex featuring two similar units. The property generates $3,500 per month, totaling $42,000 annually: Unit 1 (Downstairs): Occupied by a long-term tenant paying $1,650 per month on a month-to-month basis. Unit 2 (Upstairs): Just recently renovated and is leased for $1,850 per month through June 1, 2027. Recent updates include a new roof installed in 2020 and a new HVAC system for Unit 2 in 2023. Both units include additional basement space, with some portions finished, for tenant use. The owner pays: Insurance: $1,516 per year, Sewer: $940 per year, Water: $1,400 (approximate) per year. The tenants pay for their electric and cable/internet. Trash is taken care of by the township. The available media, including the floor plan, property website, photo gallery, home-flow tour, and 3D virtual tour, was captured in Unit 2 while it was vacant. Please explore these resources and then please contact your agent to schedule a showing.
Lafayette Hill is located in Pennsylvania. Lafayette Hill, Pennsylvania 19444has a population of 10,643. Lafayette Hill 19444 is more family-centric than the surrounding county with 36.54% of the households containing married families with children. The county average for households married with children is 34.89%.
The median household income in Lafayette Hill, Pennsylvania 19444 is $128,469. The median household income for the surrounding county is $99,361 compared to the national median of $69,021. The median age of people living in Lafayette Hill 19444 is 44.8 years.
The average high temperature in July is 87.9 degrees, with an average low temperature in January of 23.2 degrees. The average rainfall is approximately 48.2 inches per year, with 16.8 inches of snow per year.
