NOT LISTED FOR SALE

16 N State Rd Springfield, PA 19064

Springfield Township Neighborhood
-- Bed
-- Bath
4,146 Sq Ft
0.35 Acres

Last Sold June 02, 2022

Last sale price $675,000 $163 Per Sq Ft

6 Days on Market

Highlights

  • Traditional Architecture
  • Hot Water Heating System
  • Dwelling with Rental
  • Springfield High School Rated A-

About This Home

As of June 2022

Hurry to see this fully occupied quality built brick & stone 4 unit apartment building producing an annual GRI of $62,580 conveniently located in Springfield Township Delaware County. Each of the spacious apartments offers 2 bedrooms, 1 full bath, living room, dining room, updated kitchen including refrigerator, in unit laundry including washer & dryer, wall unit air conditioners, hardwood, carpet & tile flooring. Three bathrooms have been remodeled, one received retro upgrading. Tenants pay for all utilities except water and common area electric. All 4 hot water heaters were replaced within the last 1-2 years. New owner receives a 1 year home warranty providing 4 unit coverage. There is reserved resident parking in the rear of the building as well as guest parking spaces. Conveniently located within minutes of shopping, restaurants, Rts 320 & 476, just 30 minutes or so to Philadelphia International Airport, Center City or King Of Prussia. Don't miss this opportunity to add this exceptional building to your rental portfolio or use the owner occupancy option to get on the fast track to real estate wealth building. Take a look then take action!

Last Agent to Sell the Property

David Stilwell

KW Greater West Chester License #RS149035A Listed on: 04/23/2022

KW Greater West Chester

Last Buyer's Agent

Thomas Toole III

RE/MAX Main Line-West Chester License #RS228901

RE/MAX Main Line-West Chester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,023

Year Built

  • Built in 1961

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 96.00 x 149.47

Home Design

  • Quadruplex
  • Traditional Architecture
  • Dwelling with Rental
  • Brick Exterior Construction
  • Stone Foundation
  • Stone Siding

Interior Spaces

  • 4,146 Sq Ft Home
  • Unfinished Basement
  • Side Exterior Basement Entry

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • 4 Units

Listing and Financial Details

  • Home warranty included in the sale of the property
  • The owner pays for lawn/shrub care, sewer, sewer maintenance, snow removal, real estate taxes, water, insurance
  • Tax Lot 057-000
  • Assessor Parcel Number 42-00-06698-02

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,023

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional, Dwelling With Rental
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: 4 Washers, 4 Dryers, 4 Refrigerators, 4 wall AC Units, all in as-is condition. 1 Year AHS Home Warranty.
  • New Construction: No
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Remarks Public: Hurry to see this fully occupied quality built brick & stone 4 unit apartment building producing an annual GRI of $62,580 conveniently located in Springfield Township Delaware County. Each of the spacious apartments offers 2 bedrooms, 1 full bath, living room, dining room, updated kitchen including refrigerator, in unit laundry including washer & dryer, wall unit air conditioners, hardwood, carpet & tile flooring. Three bathrooms have been remodeled, one received retro upgrading. Tenants pay for all utilities except water and common area electric. All 4 hot water heaters were replaced within the last 1-2 years. New owner receives a 1 year home warranty providing 4 unit coverage. There is reserved resident parking in the rear of the building as well as guest parking spaces. Conveniently located within minutes of shopping, restaurants, Rts 320 & 476, just 30 minutes or so to Philadelphia International Airport, Center City or King Of Prussia. Don't miss this opportunity to add this exceptional building to your rental portfolio or use the owner occupancy option to get on the fast track to real estate wealth building. Take a look then take action!
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance, Unfinished
  • Total Sq Ft: 4146
  • Living Area Sq Ft: 4146
  • Price Per Sq Ft: 166.43
  • Above Grade Finished Sq Ft: 4146
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stone
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: SPRINGFIELD
  • School District Key: 300200397362
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 419180.00
  • Land Assessed Value: 110450.00
  • Land Use Code: R-40
  • Lot Size Acres: 0.35
  • Lot Dimensions: 96.00 x 149.47
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15246.00
  • Year Assessed: 2022
  • Zoning: R-40
  • Zoning Description: 4 Unit Apt Bldg

Rental Info

  • Owner Pays: Lawn/Shrub Care, Sewer, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Water, Insurance
  • Total Actual Rent: 62580.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 563288
  • School Tax: 10512.00
  • Tax Annual Amount: 14023.00
  • Assessor Parcel Number: 42-00-06698-02
  • Tax Lot: 057-000
  • Tax Total Finished Sq Ft: 4146
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/02/2022

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: SPRINGFIELD

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $675,000 -2.2% $163 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $690,000 -- $166 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Stilwell

    Seller's Agent in 2022

    David Stilwell

    KW Greater West Chester

    (484) 645-4452

    2 in this area

    59 Total Sales

    David Stilwell
    Section Image
  • Thomas Toole III

    Buyer's Agent in 2022

    Thomas Toole III

    RE/MAX

    (484) 297-9703

    16 in this area

    1,895 Total Sales

    Thomas Toole III
    Section Image
  • Steve Karpinski

    Buyer Co-Listing Agent in 2022

    Steve Karpinski

    Keller Williams Main Line

    (610) 308-8078

    2 in this area

    87 Total Sales

    Steve Karpinski
    Section Image
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Map

Source: Bright MLS

MLS Number: PADE2023958

Bright MLS
Pennsylvania Delaware County Springfield 19064 Springfield Township

16 N State Rd, Springfield, PA

This home is located at 16 N State Rd, Springfield, PA 19064 since 23 April 2022. This property was built in 1961. 16 N State Rd is a home located in Delaware County with nearby schools including Springfield High School, St Francis Of Assisi School, and St Dorothy School.

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