$390,000
$425,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
5,200 SqFt
SOLD DATE : 07/15/2020
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 5,200 sqft
Price per Sqft $75
MLS Listing ID PADE491188
Sold Date 07/15/20
Style Victorian
HOA Y/N N
Abv Grd Liv Area 5,200
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $13,494
Tax Year 2020
Lot Size 10,585 Sqft
Acres 0.24
Lot Dimensions 65.00 x 150.00
Property Description
Large Victorian that hosts 7-units in Norwood. Multiple units have been updated! CAP Rate 8%, NOI: $35,660. Turn-key operation that has (2) long term tenants and solid rental history. Tenants pay electric and cooking gas. Landlord pays water & Heat. Zoned for 2-car garage to add additional income! (Many possibilities to increase income with this property!) Walking Distance to SEPTA Regional Rail - Norwood Station (Wilmington/Newark Line). Conveniently located nearshopping, schools and transportation to Center City and Wilmington is one block away to Septa Regional rail. Easy Access to All Major Roadways including Chester Pike (Route 13), MacDade Boulevard and Route 1 as well as Interstates 95 and 476.
Location
State PA
County Delaware
Area Norwood Boro (10431)
Zoning A-50
Rooms
Basement Unfinished
Interior
Interior Features Combination Kitchen/Dining
Hot Water Oil
Heating Hot Water
Cooling None
Flooring Carpet, Laminated
Fireplace N
Window Features Double Pane
Heat Source Oil
Exterior
Utilities Available Electric Available, Cable TV Available, Phone Available, Sewer Available, Water Available
Waterfront N
Water Access N
Roof Type Asphalt
Accessibility 2+ Access Exits
Parking Type Off Street, On Street, Driveway
Garage N
Building
Lot Description Rear Yard
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Norwood
Middle Schools Norwood
High Schools Interboro Senior
School District Interboro
Others
Tax ID 31-00-00512-00
Ownership Fee Simple
SqFt Source Assessor
Security Features Non-Monitored
Special Listing Condition Standard
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Bought with Margaret Barnes-DelColle • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
tyronetoneytherealtor@gmail.com
4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States