DELCOLLO & SALVATORE TEAM

Description

Welcome to **21 West 7th Street**, a rare investment opportunity situated in one of Media’s most coveted residential areas, this four-unit quadruplex offers a unique investment opportunity. With walkable access to everything Media has to offer—boutique shopping, award-winning restaurants, and public transportation—this property delivers both charm and long-term value. Units B and D (Right side of building top and bottom) are currently available for showings. Unit B (Lower level)has been fully renovated with high-end finishes, including recessed lighting, modern flooring, granite countertops, shaker-style cabinets, and a beautifully tiled bathroom. The owner spared no expense, creating one of the most attractive rental units in all of downtown Media. Unit D(Upper Level), reflects the same layout and aesthetic as Units A and C. Over the past year, the owners have invested in updating the common areas and replacing windows throughout the building. All utilities are separated—electric, water, heating, and hot water—giving tenants full responsibility for their own usage and keeping ownership expenses low. Each unit is equipped with individual washer and dryer hookups; tenants supply their own machines to further minimize maintenance costs. There's also a basement with additional storage space that has not yet been utilized—presenting a clear opportunity for added revenue. The rear lot, while currently used as a casual gathering space for tenants, holds untapped potential. Whether used for parking or future development, its intrinsic value offers flexibility for the next owner. Rents are outlined in the attached pro forma, and there is room for upward adjustment, making this a strong value-add investment. **As an added bonus, the listing agent is also the current property manager and is offering two months of complimentary management services to the new owner. This ensures a smooth transition and expert support from day one.**

Features