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Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $193
MLS Listing ID PADE2043754
Sold Date 04/27/23
Style Straight Thru
Abv Grd Liv Area 2,200
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $3,910
Tax Year 2023
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 18.00 x 90.00
Property Description
Great Investment Opportunity! Welcome to 425 Main St. Darby Pa 19023. This is a completely renovated 4 unit building. The apartment break down is as follows...first floor front is a 1 bedroom 1 bath apartment. First floor rear is a 2 bedroom 1 bath apartment. Both second floor front and rear apartments are 2 bed 1 bath. So there is a total of 3, 2 bed 1 bath apartments and 1, 1 bed 1 bath apartments in the building.
Over $150k of renovations went into this amazing rental property, including:
New roof, new windows, electrical upgrades, plumbing upgrades, new flooring throughout, brand new white shaker cabinets with granite countertops and under mount sinks, brand new stainless steel appliances, new bathrooms, with new vanities, tubs & shower surrounds, new doors throughout as well. This property is set up and ready to go for new tenants with all 4 apartments having the same high end finishes, All you have to do is get it occupied and start the cash flow!
The owner has minimal expenses, just house electric meters(common area hallways) and water. Attached documents include the architectural drawings for the buildings to get a better idea of the layout, as well as pro forma rent & income statements.
Location
State PA
County Delaware
Area Darby Boro (10414)
Zoning R-40 FOUR FAMILY
Rooms
Basement Full, Unfinished, Walkout Stairs
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Flooring Luxury Vinyl Plank, Hardwood
Equipment Water Heater, Stainless Steel Appliances, Refrigerator, Oven/Range - Electric, Microwave
Fireplace N
Window Features Double Hung,Replacement
Appliance Water Heater, Stainless Steel Appliances, Refrigerator, Oven/Range - Electric, Microwave
Heat Source Electric
Exterior
Utilities Available Electric Available
Water Access N
Roof Type Flat,Rubber
Accessibility None
Garage N
Building
Foundation Stone, Other
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District William Penn
Others
Tax ID 14-00-01753-00
Ownership Fee Simple
SqFt Source Assessor
Security Features Main Entrance Lock,Fire Detection System
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with William Holder • RE/MAX Classic
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