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Key Details
Sold Price $505,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PADE2007284
Sold Date 11/22/21
Style Other
Originating Board BRIGHT
Annual Tax Amount $10,172
Tax Year 2021
Lot Dimensions 27.55 x 75.00
Property Description
Well maintained 6 unit building occupied with up to date, paying tenants! All leases are month - month. This is an incredible investment, Value Add opportunity, rents can be raised from current gross rent of $5200 / mo to $6500+. Most rents have not been raised in more than 10 years. Upgrades have been done throughout the property- separate heaters and electric panels in each unit, some units have new kitchens and hardwood floors. Septa train station across the street, right into Center City Philly, the airport or Wilmington. You will not find a better investment opportunity!
Location
State PA
County Delaware
Area Collingdale Boro (10411)
Zoning A-50 APARTMENTS 5-19 UNIT
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Southeast Delco
Others
Tax ID 11-00-00032-00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with Stephen Karpinski • RE/MAX Main Line-West Chester
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