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Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $157
MLS Listing ID PADE2042312
Sold Date 08/15/23
Originating Board BRIGHT
Year Built 1945
Annual Tax Amount $12,046
Tax Year 2023
Lot Dimensions 50.00 x 125.00
Property Description
Building is being fully re-wired in June!
6 well-maintained units, this mixed use building features long term tenants including a hair salon. Unit 1 was fully renovated with new floors, kitchen and bath. Remaining units are in great shape with ample light and beautiful hardwood floors. Parking for 4 not including the garage space attached to unit 6. Rent roll: $5,895. Add $1K to rent roll at renewal with market rents and this easily becomes a 9.4 cap.
Seller is willing to make cosmetic upgrades including bathroom renovation, flooring, and painting.
Offered as part of a portfolio with 207 MacDade, and 1028 Coates Ave but may be sold individually. Pro-forma available under 'Documents' and upon request.
Location
State PA
County Delaware
Area East Lansdowne Boro (10417)
Zoning COMM
Interior
Hot Water Natural Gas
Heating Radiant
Cooling None
Flooring Hardwood, Luxury Vinyl Plank
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Water Access N
Accessibility None
Total Parking Spaces 6
Garage N
Building
Foundation Brick/Mortar
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
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Sanjeev R Ahluwalia • Weichert Realtors
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