$160,000
$170,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
1,400 SqFt
SOLD DATE : 12/10/2020
Key Details
Sold Price $160,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $114
Subdivision Collingdale
MLS Listing ID PADE519500
Sold Date 12/10/20
Style Colonial
HOA Y/N N
Abv Grd Liv Area 1,400
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $4,045
Tax Year 2019
Lot Size 9,104 Sqft
Acres 0.21
Lot Dimensions 40.00 x 217.00
Property Description
Incredible opportunity for an easy, turn key, cash flowing investment property. With just very minor cosmetic upgrades done, this property is already positively cash flowing. The lot is ENORMOUS, which means that potential for a third unit is very realistic. With a small investment to create a third unit, this could be an even MORE lucrative cash flowing property. Both 1 bedroom units are already rented. One tenant on a year lease, and second on month to month currently. Can be delivered vacant or rented. Rent is $750 & 775 respectively /mo. Tenant Pays utilities. Make this home yours or earn a solid stream of rent revenue by turning it into a low cost high yield investment property. This is an excellent turn key rental opportunity to get started in investing, or bolster your portfolio with an incredibly consistent property with a very high ceiling! Make your appointment today and start your road to financial freedom.
Location
State PA
County Delaware
Area Collingdale Boro (10411)
Zoning RESINDENTIAL
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Flooring Laminated, Hardwood, Vinyl, Wood
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Harris School
Middle Schools Harris School
High Schools Academy Park
School District Southeast Delco
Others
Tax ID 11-00-01371-00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, Negotiable, VA
Listing Terms Cash, Conventional, FHA, Negotiable, VA
Financing Cash,Conventional,FHA,Negotiable,VA
Special Listing Condition Standard
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Bought with William Holder • RE/MAX Classic
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "