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Key Details
Sold Price $750,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $107
MLS Listing ID PADE501938
Sold Date 04/14/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $18,432
Tax Year 2020
Lot Dimensions 105.00 x 100.00
Property Description
KW Commercial is pleased to exclusively present for purchase this 9 unit multifamily in Lansdowne, PA. Located in the highly sought after Delaware County, this value add property consists of seven 1 bed 1 bath units and two 2 bed 1 bath units. Ownership has spent significant capital to improve the overall condition of the property in recent years. Recent upgrades include replacing all of the front porch columns, new decks on levels 2 and 3 front porches, new stucco, new landscaping, new concrete sidewalks, new front downspouts,some new kitchens including appliances, new flooring and carpet throughout, interior and exterior painting throughout, recent silicone roof coating, and more. There is on site laundry which generates extra income. The property historically stays fully occupied based on its location and high demand for rentals in the immediate area. It's close to many shops within walking distance to Giant, PNC Bank, Dollar Tree, Sav A Lot and many more. Minutes from public transportation and very convenient to all major roadways that connect Delaware County to the region including Baltimore Ave, Macdade Blvd and West Chester Pike.
Location
State PA
County Delaware
Area Lansdowne Boro (10423)
Zoning N/AV
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District William Penn
Others
Tax ID 23-00-03139-00
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Christopher M McCafferty • Keller Williams Real Estate - Media