$1,900,000
$2,100,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
3 Acres Lot
SOLD DATE : 04/15/2016
Key Details
Sold Price $1,900,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Landsdowne Station
MLS Listing ID 1002548858
Sold Date 04/15/16
HOA Y/N N
Originating Board TREND
Year Built 1965
Annual Tax Amount $43,938
Tax Year 2015
Lot Size 3.000 Acres
Acres 3.0
Lot Dimensions 230X139
Property Description
Turn Key, Income Producing- 30 Unit Garden Style Apt Building Available. Great Location Just outside of University City and 10 Min to Philadelphia International Airport. This property has been renovated and comprised of one and two bedroom units with onsite Parking, Laundromat, and Tenant Storage Facilities. Tenants responsible for heat and electric, landlord responsible for water and common area maintenance. On site rental management office. 98% Occupancy rate on average with long term outstanding tenants. Metropolitan location with suburban feel this property offers a more suburban "Greenspace" atmosphere. Close to all major highways, transportation centers, shopping, employment and higher education institutions. Take advantage of this growth and investing power. Ten Minutes to the Philadelphia International Airport and 10 Minutes to University of Pennsylvania and Drexel University. This Apartment complex is located in a primarily residential area mixed with twin and single homes.
Location
State PA
County Delaware
Area Yeadon Boro (10448)
Zoning APTS
Rooms
Other Rooms Primary Bedroom
Interior
Fireplace N
Exterior
Water Access N
Roof Type Pitched,Shingle
Street Surface US Highway/Interstate
Accessibility None
Road Frontage Boro/Township, State
Garage N
Building
Foundation Concrete Perimeter, Brick/Mortar
Sewer Public Sewer
Structure Type Other
New Construction N
Schools
School District William Penn
Others
Tax ID 48-00-01002-01
Ownership Fee Simple
Acceptable Financing Conventional, Private
Listing Terms Conventional, Private
Financing Conventional,Private
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Bought with Leonard Tehrani • Keller Williams Main Line
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "