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Key Details
Sold Price $370,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PADE2019370
Sold Date 03/28/22
Originating Board BRIGHT
Year Built 1913
Annual Tax Amount $11,551
Tax Year 2022
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 50.00 x 220.00
Property Description
INVESTORS ALERT - Unique opportunity to own a fully-occupied investment property of 5 residential units (three 1-bedroom apartments, two 2-bedroom apartments). With a total annual rental revenue of $49,200 and long-term tenants with month-to-month leases, this property is a solid investment. As the saying goes, they don't build them the way they used to. This property is well built and maintained. Note that all units currently share utilities, paid by the landlord
Location
State PA
County Delaware
Area Lansdowne Boro (10423)
Zoning A-50
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Water Access N
Accessibility None
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District William Penn
Others
Tax ID 23-00-00271-00
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Michelle A Phillips • Compass RE