$390,000
$400,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
3,360 SqFt
SOLD DATE : 05/31/2023
Key Details
Sold Price $390,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $116
MLS Listing ID PADE2042252
Sold Date 05/31/23
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $8,559
Tax Year 2023
Lot Dimensions 0.00 x 0.00
Property Description
5 units, 4 of which are newly renovated. The 5th is well maintained with a long term tenant, and could be easily refreshed to garner an additional $400/month. Renovated units feature new floors, and upgraded kitchens and baths. Parking for 5. Currently rented at $3,949/month. Potential rent roll: $4,349.
Currently a 7 cap, but can be an 8 in as-is condition.
Offered as part of a portfolio with 207 MacDade, 1028 Coates Ave and 801 Baltimore Ave but may be sold individually. Pro-forma is available in 'documents' and upon request.
Location
State PA
County Delaware
Area Collingdale Boro (10411)
Zoning COM
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Flooring Luxury Vinyl Plank
Heat Source Natural Gas
Exterior
Garage Spaces 5.0
Waterfront N
Water Access N
View City
Roof Type Flat
Accessibility 36\"+ wide Halls
Parking Type Parking Lot
Total Parking Spaces 5
Garage N
Building
Lot Description Irregular, Level, Open
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Delaware County Public Schools
Others
Tax ID 11-00-01527-00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Gary A Pace • Richard A Zuber Realty-Royersford
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "