Lafayette Hill, PA 19444 244 Ash Lane

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.