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Key Details
Sold Price $402,750
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,630 sqft
Price per Sqft $110
MLS Listing ID PADE528082
Sold Date 11/16/20
Style Tudor,Colonial,Traditional
HOA Y/N N
Abv Grd Liv Area 3,630
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $11,240
Tax Year 2019
Lot Size 8,015 Sqft
Acres 0.18
Lot Dimensions 75.00 x 125.00
Property Description
Positive cash flow from day one! Solid, brick, four unit apartment building is fully rented with excellent tenants. All units have identical floorplans and have been renovated. Each offers a large living space, two very nice sized bedrooms, a galley style kitchen, a dining area with door to the outside rear of the unit and a full bath. Hardwoods have been refinished in all units in living/ dining and bedrooms. Tiled flooring in kitchen and bathrooms. Common area offers tenants a locked storage area for each unit, and common laundry with coin operated dryer (approx $50/mnth income) . Electric and heat is separate for each unit and paid for by tenant. Landlord pays water/sewer, and trash. ( sewer and trash included in taxes) Additional 4 garages in rear offer even more income opportunity; two garages currently rented for 75.00/month per garage with long term tenant. Opportunity to raise all rents on units and garages. Building is solid with concrete and steel foundations and flooring. Yearly income now exceeds $47000.00. Copies of leases available upon request. Expenses and rent sheets attached to MLS.
Location
State PA
County Delaware
Area Lansdowne Boro (10423)
Zoning RES
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Central, Forced Air
Cooling Central A/C
Flooring Ceramic Tile, Hardwood
Heat Source Natural Gas
Exterior
Garage Basement Garage, Built In, Garage - Rear Entry
Garage Spaces 4.0
Waterfront N
Water Access N
Accessibility None
Parking Type Attached Garage, On Street
Attached Garage 4
Total Parking Spaces 4
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Tudor, Colonial, Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District William Penn
Others
Tax ID 23-00-00433-00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
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Bought with Mike Ziv • Realty Mark Associates
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