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Key Details
Sold Price $100,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,568 sqft
Price per Sqft $63
Subdivision Drexel Plaza
MLS Listing ID 1003916899
Sold Date 12/28/16
Style Other
HOA Y/N N
Abv Grd Liv Area 1,568
Originating Board TREND
Year Built 1926
Annual Tax Amount $3,611
Tax Year 2016
Lot Size 1,568 Sqft
Acres 0.04
Lot Dimensions 16X90
Property Description
Investor Alert. New Price Reduction. If you're looking for a turn-key investment opportunity with a positive cash flow and tenants in place, this property is for you! Located on a convenient, accessible residential/commercial area. A unique block of businesses from retail to offices. This building also offers a low tax rate to help keep operating expenses low. The first floor is used as a day care center, and the second floor is a large 2-3 bedroom apartment in good condition. Both tenants would like to stay and have not had rent increases in a few years. Current owner remodeled and update everything in this building to ensure full compliance with ADA and Upper Darby Township building codes. Tenants are willing to sign a longer term lease. Minimal maintenance needed, modest expenses, excellent tenants, great location, and a current cash flow of $1700 a month. This is a great investment for the money.Motivated Seller. Bring an offer.
Location
State PA
County Delaware
Area Upper Darby Twp (10416)
Zoning MULTI
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Interior Features Store/Office
Hot Water Natural Gas
Heating Gas, Zoned
Cooling Wall Unit
Flooring Fully Carpeted, Laminated
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Garage Spaces 1.0
Utilities Available Cable TV Available
Water Access N
Roof Type Pitched,Shingle
Accessibility Mobility Improvements
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
High Schools Upper Darby Senior
School District Upper Darby
Others
Tax ID 16-04-00615-00
Ownership Fee Simple
Security Features Security System
Acceptable Financing Conventional, Private, FHA 203(b)
Listing Terms Conventional, Private, FHA 203(b)
Financing Conventional,Private,FHA 203(b)
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Bought with Joan M Keller • Coldwell Banker Realty
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