Springfield, PA 19064,830 GARRETT LN
Springfield, PA 19064,830 GARRETT LN
Springfield, PA 19064,830 GARRETT LN
Springfield, PA 19064,830 GARRETT LN
Springfield, PA 19064,830 GARRETT LN
Springfield, PA 19064,830 GARRETT LN
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$575,000

$500,000

15.0%
Est.Price: ?

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Est. payment /mo

3,680 SqFt


SOLD DATE : 07/13/2023

Key Details

Sold Price $575,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,680 sqft

Price per Sqft $156

MLS Listing ID PADE2048916

Sold Date 07/13/23

Style Other

Abv Grd Liv Area 3,680

Originating Board BRIGHT

Year Built 1980

Annual Tax Amount $12,750

Tax Year 2023

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 38.20 x 125.00

Property Description

Great investment opportunity in Springfield Township that definitely needs work but is priced accordingly! If renovated, this building could easily sell for high 700’s. This 4 unit quadplex is situated in a cul-de-sac location close to many major highways and is located in the desirable Springfield School District. Each unit appears to have true hardwood floors throughout and offers 2 bedrooms with larger closets, a full bath, a hall linen closet and nicely sized kitchenette plus entry way coat closet. The units do need a FULL renovation but once done can bring in $1700-1800 a month in rent per unit (see 839 Garrett Lane which very recently rented for $1795 a month), totaling $86,400 in annual rent (at 1800 per month rate). Downstairs is a common storage closet plus individual closets AND storage lockers for tenants. There is also plenty of space and a hook-up for washer and dryer. Currently there is a coin operated washer and dryer but seller is unsure if it is owned or rented and unsure of its condition. It appears the units are individually metered and have separate heaters as well as hot water heaters. It appears that there are wall units for cooling but seller does not know if they are operational. There is some off street parking and some on street parking available. This property is an estate sale and seller is not 100% certain of any information provided regarding the property such as annual costs or even utility information. Buyers should verify all information conveyed in this listing for themselves prior to making an offer. Property is being sold as is with no repairs to be made. Future buyers are responsible for clearing out anything that is at the property as of the listing date and seller will make no additional changes or repairs. Buyer is to be responsible for coordinating, completing and paying for any repairs required by the township for the Use & Occupancy certificate and both of these statements should be noted on any agreement of sale.

Location

State PA

County Delaware

Area Springfield Twp (10442)

Zoning R-40

Rooms

Basement Unfinished, Walkout Stairs

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Wall Unit

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Permanent

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Springfield

Others

Tax ID 42-00-01985-05

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Lauren H Leithead • Compass RE
Bought with Nicole Rufo • Keller Williams Real Estate-Blue Bell
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900 Route 168 Bldg. H, Turnersville, NJ, 08012

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