$230,000
$269,900
14.8%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
5 Baths
1,008 SqFt
SOLD DATE : 12/07/2021
Key Details
Sold Price $230,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,008 sqft
Price per Sqft $228
Subdivision Chester City
MLS Listing ID PADE2005462
Sold Date 12/07/21
Style Colonial
Bedrooms 16
Full Baths 5
HOA Y/N N
Abv Grd Liv Area 1,008
Originating Board BRIGHT
Year Built 1937
Annual Tax Amount $1,079
Tax Year 2007
Lot Size 1,111 Sqft
Acres 0.03
Property Description
4 Single Family Buildings For Sale as Package Deal! Package is made up of 4 buildings, 3 on the same 1000 block of Morton Ave, and 1 just a short distance away, located on Highland Ave. All units are within short walking distance to public transportation, Widener University Campus, and shopping. It's a turnkey investment with all units currently rented! Gross Annual Rents of 46,800, with over an 12% cap rate and over a 28% cash on cash return. Opportunity to build your portfolio and generate passive income. This mix of units is great for a savvy investor. Unit mix consists of: (a)3 three bedroom/ 1 bath units; and (b) 1 six bedroom/ 2 bath unit. Package includes the following addresses: 609 Highland Ave; 1011 Morton Ave; 1013 Morton Ave; 1017 Morton Ave. Please note that price reflects a package deal including all 4 buildings.
Location
State PA
County Delaware
Area City Of Chester (10449)
Zoning RESID
Rooms
Basement Full, Unfinished
Main Level Bedrooms 16
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Fireplace N
Heat Source Oil
Laundry Basement
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Chester High School - Main Campus
School District Chester-Upland
Others
Senior Community No
Tax ID 49-02-01354-00
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Lay C Gauv • Realty ONE Group Legacy
"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