325 Olive Ave, Horsham, PA 19044

Description

Photos of interiors have been virtually staged. Existing tenant personal items and furniture replaced with virtual items.

**Turn-Key Investment Opportunity in Horsham!**

Discover this meticulously maintained, fully occupied duplex in the heart of Horsham—a perfect addition to your portfolio or an ideal "house-hacking" opportunity. This property offers strong cash flow, low owner overhead, and recent capital improvements that ensure peace of mind for years to come.

**Financial Highlights**
* **Gross Annual Income:** $42,600
* **Low Operating Expenses:** $6,900 (Taxes & Insurance)
* **Tenant Paid Utilities:** Tenants handle electricity, trash, snow removal, and lawn care.
* **Strong Yield:** Rare separate utility setup minimizes landlord responsibility.

**Property Features**
Both units feature a spacious **2-bedroom, 1-bathroom** layout with thoughtful updates:

* **Unit 1 (First Floor):** Recently refreshed with **New Coretec flooring** in the living room and **new plush carpet** in the bedrooms. The kitchen and bath feature durable ceramic tile. Leased through 02/28/2027 at **$1,800/mo**.
* **Unit 2 (Second Floor):** Well-maintained with carpeted living areas and ceramic tile in the kitchen and bath. Currently on a **month-to-month lease at $1,750/mo**, offering flexibility for owner-occupants or market-rate adjustments.
* **Mechanicals & Exterior:** Major big-ticket items are already done! Enjoy a **brand-new roof**, low-maintenance **vinyl siding**, and **replacement windows** throughout.
* **Storage:** Each unit includes **separate basement storage** areas, a highly coveted amenity for tenants.

**The Location**
Situated in a prime Horsham location with easy access to local parks, shopping, and major commuter routes.

**Showings by appointment only. Do not disturb tenants.**