Morton, PA 19070,650 COUNTRY LN
Morton, PA 19070,650 COUNTRY LN
Morton, PA 19070,650 COUNTRY LN
Morton, PA 19070,650 COUNTRY LN
Morton, PA 19070,650 COUNTRY LN
Morton, PA 19070,650 COUNTRY LN
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$190,000

$190,000

Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

2,112 SqFt


SOLD DATE : 03/17/2017

Key Details

Sold Price $190,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,112 sqft

Price per Sqft $89

Subdivision None Available

MLS Listing ID 1000079054

Sold Date 03/17/17

Style Colonial

Bedrooms 4

Full Baths 2

Half Baths 2

HOA Y/N N

Abv Grd Liv Area 2,112

Originating Board TREND

Year Built 1978

Annual Tax Amount $7,045

Tax Year 2017

Lot Size 3,441 Sqft

Acres 0.08

Lot Dimensions 30X120

Property Description

Country Lane Duplex for sale! Wonderful investor/owner opportunity in the heart of Delaware County. Properties on this street do not come on the market very often so take advantage of competitive interest rates and affordable pricing. Make this 39 year old twin Duplex YOURS! Beautiful and comfortable setting in which to live or invest or both. Whether you are a potential owner-occupant or want to get a good return on investment, this property has a lot to offer. Cinder block foundation with a maintenance-FREE brick, masonry and siding exterior. Concrete construction for maximum soundproofing between top and bottom units Each unit has 2 Bedrooms, 1.5 baths (there is a powder room in each master bedroom), large Living Room, Dining Area as part of the full Eat-In Kitchen plus ample closet space. Sliders from the Master Bed Room to a small balcony/deck that overlooks the large back yard. The building has a 2-car built-in garage (one space for each unit) with inside access (ample off-street parking) and central air conditioning. Large shared basement area with spacious laundry and storage areas. Utilities are completely separate (including the water!). With a little sweat equity on your part, this can be a VERY profitable part of your investment portfolio. The square footage shown is the sum of both units. Springfield schools! Location is very convenient and attractive to tenants. Currently both homes are rented with terrific tenants who have been there for 14 and 24 years respectively. Month to month leases. If you are an owner/investor, you could live in one unit for estimated outlay of only $521 per month plus utilities. Average rental for 3 identical units has been $1,050 per month, plus utilities over the last 2 years. Rent the second unit at $1,050 per month and enjoy estimated 7.2% return on that unit, plus possible appreciation. If appreciation is between 2% and 3% per year, this would come to between $3,800 and $5,700 per year for the next several years. NAR estimates of residential real estate appreciation are for 4% in 2017 and then 3% per year for the next four years.

Location

State PA

County Delaware

Area Morton Boro (10429)

Zoning RESI

Rooms

Other Rooms Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1

Basement Full, Unfinished

Interior

Interior Features Primary Bath(s), Kitchen - Eat-In

Hot Water Electric

Heating Electric

Cooling Central A/C

Flooring Fully Carpeted, Vinyl

Equipment Dishwasher

Fireplace N

Appliance Dishwasher

Heat Source Electric

Laundry Basement

Exterior

Exterior Feature Balcony

Parking Features Inside Access

Garage Spaces 3.0

Water Access N

Accessibility None

Porch Balcony

Attached Garage 2

Total Parking Spaces 3

Garage Y

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 2

Additional Building Above Grade

New Construction N

Schools

Middle Schools Richardson

High Schools Springfield

School District Springfield

Others

Pets Allowed Y

Senior Community No

Tax ID 29-00-00118-90

Ownership Fee Simple

Acceptable Financing Conventional, VA

Listing Terms Conventional, VA

Financing Conventional,VA

Pets Allowed Case by Case Basis

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Bright MLS (BMLS)
Listed by John Herreid • Keller Williams Real Estate - Media
Bought with Beverly A Norton • Keller Williams Real Estate - Media
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4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States

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