Great opportunity for adding to your investment portfolio. This is a fully occupied 11 unit on 3 parcels in the Waterfront district in Essington. The addresses are 118-122 Erickson. One parcel has a triplex, one is a vacant lot and one has 2 Quads. There are 10 - 1 Unit apartments and 1 - 2 bedroom unit. All units have mini splits for a/c and heat. Close to the Philadelphia Airport and I95, this is a very convenient location in high demand. Some units have been updated and many units have long term tenants. Excellent chance for added value by updating or utilizing the vacant lot. 24 hour notice required for showings.
The median home value in Essington, PA is $262,499. This is lower than the county median home value of $299,800. The national median home value is $338,100. The average price of homes sold in Essington, PA is $262,499. Approximately 55.83% of Essington homes are owned, compared to 33.83% rented, while 10.34% are vacant. Essington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Essington real estate agent to arrange a tour today!
Essington, Pennsylvania has a population of 4,010. Essington is less family-centric than the surrounding county with 15.93% of the households containing married families with children. The county average for households married with children is 30.31%.
The median household income in Essington, Pennsylvania is $48,869. The median household income for the surrounding county is $80,398 compared to the national median of $69,021. The median age of people living in Essington is 37.2 years.
The average high temperature in July is 86.9 degrees, with an average low temperature in January of 27.1 degrees. The average rainfall is approximately 43 inches per year, with 15.1 inches of snow per year.