Seller's Agent in 2024
Matthew Russo
BHHS Fox & Roach
(610) 999-8210
1 in this area
115 Total Sales
Estimated Value: $349,000 - $435,000
--
Bed
3
Baths
4,625
Sq Ft
$81/Sq Ft
Est. Value
Highlights
- 0.24 Acre Lot
- 1-minute walk to Bartram Avenue
- Hot Water Heating System
- Colonial Architecture
- 4 Car Detached Garage
About This Home
As of July 2024Welcome to 1001-1003 Bartram Ave, Collingdale – where prime investment meets unbeatable potential! This 10-unit rental property is your gateway to solid returns and endless opportunities in the booming real estate market.
Nestled in the heart of Collingdale, this property boasts a diverse range of units, including spacious 1, 2, and 3-bedroom layouts, catering to various tenant needs and preferences. With 5 rental garages adding additional income streams, it's a savvy investor's dream come true.
Priced at just $599,900, this property offers an exceptional CAP rate of 10%, ensuring a steady flow of income that outperforms many other investment options. Whether you're a seasoned investor looking to expand your portfolio or a newcomer eager to break into the real estate game, 1001-1003 Bartram Ave presents a rare opportunity to secure long-term financial success.
Beyond its impressive financials, this property boasts a strategic location that promises high tenant demand and strong rental yields for years. Collingdale's thriving community, coupled with its proximity to amenities, transportation, and major employment hubs, ensures a consistently high occupancy rate and maximum ROI potential.
Last Agent to Sell the Property
(610) 999-8210 teamrusso@gmail.com BHHS Fox & Roach-Media License #AB061115L Listed on: 05/31/2024
Last Buyer's Agent
(610) 999-8210 teamrusso@gmail.com BHHS Fox & Roach-Media License #AB061115L Listed on: 05/31/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,209
Year Built
- Built in 1920
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 122.5 x 151.00
Parking
- 4 Car Detached Garage
- 6 Driveway Spaces
- Front Facing Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Stone Foundation
- Shingle Roof
Interior Spaces
- 4,625 Sq Ft Home
- Basement
- Exterior Basement Entry
Utilities
- Hot Water Heating System
- Natural Gas Water Heater
- Municipal Trash
Community Details
- 4 Units
- 2-Story Building
Listing and Financial Details
- Tax Lot 629-000
- Assessor Parcel Number 11-00-00139-00 & 11-00-00140-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2024
Closed on
Jul 9, 2024
Sold by
Kennerly-Debellis Kevin
Bought by
Macdade Properties Llc
Seller's Agent
Matthew Russo
BHHS Fox & Roach-Media
Buyer's Agent
Matthew Russo
BHHS Fox & Roach-Media
List Price
$599,900
Sold Price
$600,000
Premium/Discount to List
$100
0.02%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$223,427
Avg. Annual Appreciation
-28.13%
Original Mortgage
$280,000
Outstanding Balance
$276,630
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$99,943
Purchase Details
Closed on
Apr 30, 2018
Sold by
Debellis Joseph and Estate Of Joseph Debellis Sr
Bought by
Kennerly Debellis Kevin
Purchase Details
Closed on
May 20, 2013
Sold by
Debellis Joseph
Bought by
Debellis Joseph and Debellis Joseph
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Macdade Properties Llc | $350,000 | Trident Land Transfer | |
| Kennerly Debellis Kevin | -- | None Available | |
| Debellis Joseph | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Macdade Properties Llc | $280,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2024 07/09/24 | Sold | $600,000 | 0.0% | $130 / Sq Ft |
| 06/08/2024 06/08/24 | Pending | -- | -- | -- |
| 05/31/2024 05/31/24 | For Sale | $599,900 | -- | $130 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,043 | $155,530 | $27,080 | $128,450 |
| 2024 | $7,043 | $155,530 | $27,080 | $128,450 |
| 2023 | $6,857 | $155,530 | $27,080 | $128,450 |
| 2022 | $6,596 | $155,530 | $27,080 | $128,450 |
| 2021 | $9,085 | $155,530 | $27,080 | $128,450 |
| 2020 | $6,020 | $94,700 | $22,310 | $72,390 |
| 2019 | $5,803 | $94,700 | $22,310 | $72,390 |
| 2018 | $5,674 | $94,700 | $0 | $0 |
| 2017 | $5,569 | $94,700 | $0 | $0 |
| 2016 | $520 | $94,700 | $0 | $0 |
| 2015 | $530 | $94,700 | $0 | $0 |
| 2014 | $520 | $94,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Russo
Map
Source: Bright MLS
MLS Number: PADE2068290
APN: 11-00-00139-00
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