NOT LISTED FOR SALE

Estimated Value: $231,689 - $257,000

-- Bed
3 Baths
2,375 Sq Ft
$103/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $160,000 $67 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,851/month

8 Days on Market

Highlights

  • 0.12 Acre Lot
  • No HOA
  • Patio
  • Colonial Architecture
  • Paneling
  • Tile or Brick Flooring

About This Home

As of December 2020

Investor Buy and Hold Special! Minimal repairs will go a long way to make this a cash cow. This three unit triplex is well rented and well maintained. Three units: 3 bed 1 bath, a 1 bed 1 bath, and a studio apartment. Historically rentals in this area have been really consistent. You won't have a difficult time finding tenants. With minor updates and keeping a budget in check, this property could cash flow very effectively. Close to I-95 and local amenities, your renters will have easy access to the highway which leads to Philly, Media, and surrounding areas in a flash.

Last Agent to Sell the Property

William Holder

Real of Pennsylvania License #2077526 Listed on: 03/10/2020

Real of Pennsylvania

Last Buyer's Agent

Roy Carrico

Landmark Realty License #RS214588L

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,566

Year Built

  • Built in 1940

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 50.00 x 180.00
  • Back Yard
  • Property is in very good condition

Home Design

  • Triplex
  • Colonial Architecture
  • Fixer Upper
  • Plaster Walls
  • Rubber Roof
  • Brick Front

Interior Spaces

  • 2,375 Sq Ft Home
  • Paneling
  • Awning
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Tile or Brick

Laundry

  • Electric Dryer
  • Washer

Parking

  • Alley Access
  • On-Street Parking

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Chichester Middle School
  • Chichester Senior High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Vented Exhaust Fan
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for accounting/legal, advertising/licenses and permits, electricity, gas, heat, heater maintenance contract, insurance, pest control, sewer, sewer maintenance, real estate taxes, water
  • Tax Lot 394-000
  • Assessor Parcel Number 08-00-00468-00

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Linwood Subdivision

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $1,000
  • Maintenance Expense $1,500
  • Operating Expense $2,950
  • Net Operating Income $19,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,566

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: 3rd Unit Washer & Dryer
  • Historic: No
  • Home Warranty: No
  • Inclusions: All appliances are as-is condition. Seller not responsible for repairs on appliances.
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: Investor Buy and Hold Special! Minimal repairs will go a long way to make this a cash cow. This three unit triplex is well rented and well maintained. Three units: 3 bed 1 bath, a 1 bed 1 bath, and a studio apartment. Historically rentals in this area have been really consistent. You won't have a difficult time finding tenants. With minor updates and keeping a budget in check, this property could cash flow very effectively. Close to I-95 and local amenities, your renters will have easy access to the highway which leads to Philly, Media, and surrounding areas in a flash.
  • Special Features: None

Interior Features

  • Appliances: Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Stove, Washer, Water Heater, Dryer - Electric
  • Flooring Type: Carpet, Laminated, Tile/Brick
  • Fireplace: No
  • Wall Ceiling Types: Paneled Walls, Plaster Walls
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2375
  • Living Area Sq Ft: 2375
  • Price Per Sq Ft: 73.68
  • Above Grade Finished Sq Ft: 2375
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1539

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Mixed, Brick Front
  • Exterior Features: Awning(s), Exterior Lighting, Sidewalks
  • Roof: Rubber
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Alley, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Pest Control Expense: 320.00
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CHICHESTER
  • Middle School: CHICHESTER
  • High School: CHICHESTER SENIOR
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397353
  • School District Source: Listing Agent
  • High School: CHICHESTER SENIOR
  • Middle Or Junior School: CHICHESTER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 40450.00
  • Land Assessed Value: 27450.00
  • Land Use Code: R-30
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.12
  • Lot Dimensions: 50.00 x 180.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5401.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Below Average, Major Rehab Needed, Very Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Electricity, Gas, Heat, Heater Maintenance Contract, Insurance, Pest Control, Sewer, Sewer Maintenance, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 25260.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 411859
  • School Tax: 2706.00
  • Tax Annual Amount: 3566.00
  • Assessor Parcel Number: 08-00-00468-00
  • Tax Lot: 394-000
  • Tax Total Finished Sq Ft: 2375
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 12/22/2020

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals
  • Operating Expense: 2950.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: CHICHESTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Dec 18, 2020
Sold by
Wenger Elizabeth
Bought by
Hudson Gayle Anne
Seller's Agent
William Holder
Real of Pennsylvania
Buyer's Agent
Roy Carrico
Landmark Realty
List Price
$174,999
Sold Price
$160,000
Premium/Discount to List
-$14,999
-8.57%
Current Estimated Value
$245,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,422
Avg. Annual Appreciation
8.92%

Purchase Details

Closed on
Jun 1, 1976
Bought by
Wenger Thomas Jos and Wenger Eliz
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hudson Gayle Anne $160,000 Sage Premier Settlements
Wenger Thomas Jos -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $160,000 -8.6% $67 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $174,999 -- $74 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $6,196 $165,500 $27,860 $137,640
2024 $6,196 $165,500 $27,860 $137,640
2023 $5,772 $165,500 $27,860 $137,640
2022 $5,435 $165,500 $27,860 $137,640
2021 $7,986 $165,500 $27,860 $137,640
2020 $3,423 $67,900 $27,450 $40,450
2019 $3,566 $67,900 $27,450 $40,450
2018 $3,575 $67,900 $0 $0
2017 $3,549 $67,900 $0 $0
2016 $373 $67,900 $0 $0
2015 $373 $67,900 $0 $0
2014 $373 $67,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE515584

Bright MLS

APN: 08-00-00468-00