Colwyn, PA 19023,400 S 5TH ST

$999,000

$999,999

0.1%
Est.Price: ?

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Est. payment /mo

1.22 Acres Lot


SOLD DATE : 10/01/2015

Key Details

Sold Price $999,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Sharon Hill

MLS Listing ID 1002581478

Sold Date 10/01/15

HOA Y/N N

Originating Board TREND

Year Built 1975

Annual Tax Amount $33,991

Tax Year 2015

Lot Size 1.217 Acres

Acres 1.1

Lot Dimensions 246X217

Property Description

23 unit garden apartment complex with parking lot and laundry facility in the Colwyn section of Darby Borough. Neighborhood Info: William Penn School District One block away from Darby Train Station and take Septa regional rail 13 min. to Suburban Station in Center City 12 minute car-ride to Philadelphia International Airport Close proximity to parks, grocery stores, restaurants and bars Average current tenant has renewed annually for past four years. VA and Section 8 approved units. Updated window units for a/c and auxiliary heat. Baseboard boiler heat in all units. Tenants pay gas elec., cable and phone. Current manager lives in building and deal can stay in place or you can manage yourself. Easy to rent, Easy to Manage Net Operating Income $122k/yr

Location

State PA

County Delaware

Area Colwyn Boro (10412)

Zoning COM

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Natural Gas

Flooring Wood

Fireplace N

Heat Source Natural Gas, Electric

Exterior

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Under Ground, Above Ground

Water Access N

Roof Type Rubber

Road Frontage Private

Garage N

Building

Building Description Other, Compressor,Fire Alarm,Fire Escape,Janitorial Service,Refrigerator(s),Security Lighting,Security System,Shelving,Showers,Sprinkler System

Sewer Public Sewer

Water Public

Structure Type Other

New Construction N

Schools

School District William Penn

Others

Tax ID 12-00-00171-00

Ownership Fee Simple

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Bright MLS (BMLS)
Listed by Thomas Groll • The Condo Shop
Bought with Thomas Groll • The Condo Shop
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