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Key Details
Sold Price $339,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $96
MLS Listing ID PADE506502
Sold Date 07/09/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $13,709
Tax Year 2020
Lot Dimensions 50.00 x 125.00
Property Description
Amazing commercial rental property on a busy road. APPROXIMATELY 11-12% CAP RATE! This property includes 2 separate detached structures! The 2 buildings include these units #1 3 bedroom 1.5 bath #2 2 bedroom 1 bath #3 Efficiency #4 2 bedroom 1 bath #5 2 bedroom 1 bath #6 Large commercial storefront currently used as a hair salon #7 Large Garage (Can also be rented as an auto body shop). 5 car driveway parking. All units except garage are currently leased. Please speak with a realtor or broker to find out lease details on each unit. This property is located close to public transportation and is only minutes from the city. Electric and cooking gas separate for each unit. Zoned Commercial 6+ units.
Location
State PA
County Delaware
Area East Lansdowne Boro (10417)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Radiant
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Water Access N
Accessibility None
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District William Penn
Others
Tax ID 17-00-00038-00
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Jay Giller • Space & Company
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