$258,000
$279,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
3,220 SqFt
SOLD DATE : 08/31/2018
Key Details
Sold Price $258,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,220 sqft
Price per Sqft $80
Subdivision None Available
MLS Listing ID 1001471418
Sold Date 08/31/18
Style Other
HOA Y/N N
Abv Grd Liv Area 3,220
Originating Board TREND
Year Built 1940
Annual Tax Amount $7,382
Tax Year 2018
Lot Size 8,973 Sqft
Acres 0.21
Lot Dimensions 75X120
Property Description
Take advantage of this perfect investment opportunity! A magnificent Dutch Colonial Quadraplex in great condition. It has been maintained and updated by its long-time owner showing pride in workmanship. The home has so much to offer with a spacious front porch, nice side yard, secluded back yard, large driveway with parking for 5-7 vehicles, oversized 2 car garage featuring electric and brand new garage doors. A newer 30 year dimensional shingle roofs recently installed (2014) along with other improvements including -new sewer line from house to street and in basement (2014), wall to wall carpet, interior exterior painting. Other updates/features include 4 brand new hotwater heaters (5/2018), some vinyl replacement windows. With a projected generated income of 36,900 annually with largest unit rented and garage. Unit one and garage are currently owner occupied. Separate utilities with tenants paying heat, electric and owner paying water. Three apartments are currently rented with sole occupants in each unit on month to month lease agreements. All are very good tenants. Apartment 1 is on the first floor and features window AC units, two nice sized bedrooms, large living room, huge eat in kitchen and full bathroom. Apartment 2 is located first floor rear. It is quaint one bedroom also with window AC units, kitchen and full bathroom. Apartment 3 is on the second floor rear and has built in AC wall unit,walk in closet (6'x9'), a living room, bedroom, kitchen and full bathroom. Apartment 4 is also on the second floor front unit-it has a built in AC wall unit, living room, one bedroom, breakfast bar, eat in kitchen, plentiful closet space and full bathroom. Ceiling fans in all apartments. It also has a large walk up attic for additional storage. All appliance stay in As IS condition - 4 oven/stoves, 4 refrigerators, 2 window air conditioners, and washer and dryer. Full basement that exits to back the yard through a walk out exit. All apartments conveniently laid out and easy to rent!!Conveniently located to Center City,Sports Complexes,12 minute drive to University of Penn/Drexel University, I95 and the Philadelphia International Airport. All just a short drive away! Also close to public transportation and a 4 minute walk to SEPTA R3 Fernwood/Yeadon station-serving Media/Elwyn to Philadelphia Suburban station.
Location
State PA
County Delaware
Area East Lansdowne Boro (10417)
Zoning RES.
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Interior Features Ceiling Fan(s)
Hot Water Natural Gas
Heating Gas, Hot Water
Cooling Wall Unit
Flooring Fully Carpeted, Vinyl
Fireplace N
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Garage Spaces 7.0
Utilities Available Cable TV Available
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Total Parking Spaces 7
Garage Y
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Middle Schools Penn Wood
High Schools Penn Wood
School District William Penn
Others
Tax ID 17-00-00115-00
Ownership Fee Simple
Acceptable Financing Conventional, VA, FHA 203(b)
Listing Terms Conventional, VA, FHA 203(b)
Financing Conventional,VA,FHA 203(b)
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Bought with Lori Livingston • BHHS Fox & Roach-Exton