NOT LISTED FOR SALE

1856 Old York Rd Abington, PA 19001

Abington Neighborhood

Estimated Value: $534,000 - $554,000

-- Bed
4 Baths
2,164 Sq Ft
$251/Sq Ft Est. Value

Last Sold June 18, 2019

Last sale price $321,250 $148 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,467/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Workshop
  • Replacement Windows
  • Overlook Elementary School Rated A-
  • No HOA

About This Home

As of June 2019

This well maintained and updated multi-faceted colonial with detached garage and office is conveniently situated in Abington Township offering the savvy investor the opportunity to rent all the units and reap the benefits. The floor plan of the main house presents a remodeled large studio apartment 25' x 15' featuring kitchenette with new appliances, full bath, basement access to basement laundry; a reconfigured one (1) bedroom apartment with 20' x 13' room combining living rm & dining area & kitchen. Additionally there is a new full bathroom & huge bedroom (21' x 9') plus private access to the basement laundry currently rented at $900.00 p/month. the 3rd unit is a 2 bedroom apartment with den, 2 generous bedrooms, ceramic tiled bath, laundry closet with stacking washer & dryer on the 2nd floor (plus access to attic storage). The 2nd floor apartment just vacated but was rented for $1,000.00 p/month. All the utilities (gas & electric) are metered separately. Cold water is paid by the landlord. The garage and office space above the garage are currently rented for $520.00 p/month. There is an expansive parking lot available to tenants, guests and clients. The zoning/Land use is Mixed Residential/Commercial including: Retail, Office, Apartments - Multi-use. The Investment opportunities are endless !

Last Agent to Sell the Property

Carol Mallen

RE/MAX Services License #RS078477A Listed on: 05/13/2019

RE/MAX Services

Last Buyer's Agent

Paul Sabia

RE/MAX Keystone

RE/MAX Keystone

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,278

Year Built

  • Built in 1950

Lot Details

  • 10,650 Sq Ft Lot
  • Lot Dimensions are 74.00 x 0.00

Home Design

  • Quadruplex
  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,164 Sq Ft Home
  • Replacement Windows

Unfinished Basement

  • Side Exterior Basement Entry
  • Workshop

Parking

  • Driveway
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

Schools

  • Abington Junior High School
  • Abington Senior High School

Utilities

  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for insurance, sewer, snow removal, real estate taxes, trash collection, water
  • Tax Lot 017
  • Assessor Parcel Number 30-00-49608-006

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 2-Story Building

Building Details

  • 1 Vacant Unit
  • Income includes professional offices, apartment rentals
  • Insurance Expense $3,200
  • Maintenance Expense $1,200
  • Other Expense $8,143
  • Operating Expense $14,533
  • Net Operating Income $21,107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,278

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants possessions
  • New Construction: No
  • Other Expense: 8143.00
  • Year Built: 1950
  • Remarks Public: This well maintained and updated multi-faceted colonial with detached garage and office is conveniently situated in Abington Township offering the savvy investor the opportunity to rent all the units and reap the benefits. The floor plan of the main house presents a remodeled large studio apartment 25' x 15' featuring kitchenette with new appliances, full bath, basement access to basement laundry; a reconfigured one (1) bedroom apartment with 20' x 13' room combining living rm & dining area & kitchen. Additionally there is a new full bathroom & huge bedroom (21' x 9') plus private access to the basement laundry currently rented at $900.00 p/month. the 3rd unit is a 2 bedroom apartment with den, 2 generous bedrooms, ceramic tiled bath, laundry closet with stacking washer & dryer on the 2nd floor (plus access to attic storage). The 2nd floor apartment just vacated but was rented for $1,000.00 p/month. All the utilities (gas & electric) are metered separately. Cold water is paid by the landlord. The garage and office space above the garage are currently rented for $520.00 p/month. There is an expansive parking lot available to tenants, guests and clients. The zoning/Land use is Mixed Residential/Commercial including: Retail, Office, Apartments - Multi-use. The Investment opportunities are endless !
  • Special Features: VirtualTour

Interior Features

  • Window Features: Replacement
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance, Unfinished, Workshop
  • Total Sq Ft: 2164
  • Living Area Sq Ft: 2164
  • Price Per Sq Ft: 168.58
  • Above Grade Finished Sq Ft: 2164
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1856

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Vinyl Siding
  • Exterior Features: Exterior Lighting, Sidewalks
  • Road Surface Type: Paved
  • Roof: Shingle, Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 95
  • Water Previous Twelve Months: 1140.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: ABINGTON
  • Middle School: ABINGTON JUNIOR HIGH SCHOOL
  • High School: ABINGTON SENIOR
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397027
  • School District Source: Listing Agent
  • High School: ABINGTON SENIOR
  • Middle Or Junior School: ABINGTON JUNIOR HIGH SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 4100
  • Lot Size Acres: 0.24
  • Lot Dimensions: 74.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10650.00
  • Year Assessed: 2019
  • Zoning: F1
  • Zoning Description: Mix: Retail, Office, Apartments - Multi-Use, Commercial

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Insurance, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 35640.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 657177
  • School Tax: 5843.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 7278.00
  • Assessor Parcel Number: 30-00-49608-006
  • Tax Lot: 017
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/18/2019

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 35640.00
  • Income Includes: Professional Offices, Apartment Rentals
  • Operating Expense: 14533.00
  • Other Units: Unit 4
  • Single Room Units Count: 1

MLS Schools

  • School District Name: ABINGTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Jun 18, 2019
Sold by
Hayes Edward K and Hayes Linda C
Bought by
1707 17Th Street Llc
Seller's Agent
Carol Mallen
RE/MAX Services
Buyer's Agent
Paul Sabia
RE/MAX Keystone
List Price
$364,800
Sold Price
$321,250
Premium/Discount to List
-$43,550
-11.94%
Current Estimated Value
$507,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,408
Avg. Annual Appreciation
6.28%

Purchase Details

Closed on
Jun 22, 1998
Sold by
Hughes William P and Hughes Anita M
Bought by
Hayes Edward K and Hayes Linda C
Source: Public Records

Range of Values:

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Average Value
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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
1707 17Th Street Llc $321,250 None Available
Hayes Edward K $200,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2019 06/18/19 Sold $321,250 -11.9% $148 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $364,800 -- $169 / 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
2024 $8,414 $181,680 $137,320 $44,360
2023 $8,063 $181,680 $137,320 $44,360
2022 $7,804 $181,680 $137,320 $44,360
2021 $7,384 $181,680 $137,320 $44,360
2020 $7,278 $181,680 $137,320 $44,360
2019 $7,278 $181,680 $137,320 $44,360
2018 $7,278 $181,680 $137,320 $44,360
2017 $7,064 $181,680 $137,320 $44,360
2016 $6,993 $181,680 $137,320 $44,360
2015 $6,574 $181,680 $137,320 $44,360
2014 $6,574 $181,680 $137,320 $44,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC605570

Bright MLS

APN: 30-00-49608-006