$235,000
$250,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
3,200 SqFt
SOLD DATE : 06/29/2017
Key Details
Sold Price $235,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $73
Subdivision Collingdale
MLS Listing ID 1000082894
Sold Date 06/29/17
Style Other
HOA Y/N N
Abv Grd Liv Area 3,200
Originating Board TREND
Year Built 1960
Annual Tax Amount $11,269
Tax Year 2017
Lot Size 9,235 Sqft
Acres 0.21
Lot Dimensions 132 X 64
Property Description
FULLY rented and very profitable "turn-key" investment opportunity! Do the math: this detached easy-to-maintain brick 4-unit building comes with 4 detached no-maintenance garages and generates 8 combined income streams. The tenants pay for their own utilities making this an excellent return on your investment. The building sits on a corner and has two addresses. It appears to have been built as 2-twin units, each having a full basement with separate utilities, a laundry hookup and storage units. Each apartment offers two Bedrooms (the rear Bedrooms have sliders to a rear Deck), a large Living Room, a Kitchen and a hallway with two closets and a full Bath. There is ample off-street (driveway) and on-street parking. The owner pays for cold water, sewer and lawn care. The building roof is brand NEW (2017; 5 year labor warranty with 12 years on materials); the heaters were installed in 2006; the central air in 2007. The location is very convenient for shopping and transportation making these units very easy to rent whenever a vacancy arises. NOTE: I respect the privacy of tenants and do NOT take interior photos.
Location
State PA
County Delaware
Area Collingdale Boro (10411)
Zoning RES
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Natural Gas
Heating Gas, Forced Air
Cooling Central A/C
Flooring Fully Carpeted, Vinyl, Tile/Brick
Fireplace N
Window Features Replacement
Heat Source Natural Gas
Laundry Hookup
Exterior
Garage Spaces 4.0
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type On Street, Driveway, Detached Garage
Total Parking Spaces 4
Garage Y
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Southeast Delco
Others
Tax ID 11-00-00265-01
Ownership Fee Simple
Security Features Security Gate
Acceptable Financing Conventional, VA, FHA 203(b)
Listing Terms Conventional, VA, FHA 203(b)
Financing Conventional,VA,FHA 203(b)
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Bought with Raymond Hogeland • Georgette M Innes Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "