NOT LISTED FOR SALE

202 Long Ln Upper Darby, PA 19082

-- Bed
-- Bath
1,875 Sq Ft
-- Built

Last Sold December 31, 2021

Last sale price $145,000 $77 Per Sq Ft

Highlights

  • Traditional Architecture
  • 3-minute walk to Walnut Street
  • Ceiling height of 9 feet or more
  • No HOA
  • Storm Windows
  • Electric Baseboard Heater

About This Home

As of December 2021

Three-unit, 2400+ sq. ft. multifamily building offering an excellent investment opportunity for a smart buyer. Large 1st floor office and two one-bedroom units rent for $2,400/month total. Office space rented through 2023, while residential leases will expire in less than 12 months allowing for near term cash flow increase. Take advantage of the coming growth in demand for one-bedroom units as a result of the housing shortage. Tenants pay electric (including heat), owner pays water. 15% seller financing available for qualified buyer.

Last Agent to Sell the Property

Greg Moton

(215) 252-6084 Greg@rbfrealestate.com RBF Real Estate, LLC. License #RM423042 Listed on: 06/25/2021

Last Buyer's Agent

Kirk Bazile

(610) 202-1120 kirk@williamholderrealty.com RE/MAX Classic

RE/MAX Classic

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 25.00 x 75.00
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Rubber Roof
  • Stucco

Interior Spaces

  • En-Suite Bathroom
  • 1,875 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Carpet
  • Storm Windows

Schools

  • Bywood Elementary School
  • Beverly Hills Middle School
  • Upper Darby Senior High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • 110 Volts
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • The owner pays for gas, sewer, sewer maintenance, personal property taxes, real estate taxes, water, trash collection
  • Tax Lot 807-000
  • Assessor Parcel Number 16-04-01152-00

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Building Winterized

Building Details

  • Income includes apartment rentals
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Three-unit, 2400+ sq. ft. multifamily building offering an excellent investment opportunity for a smart buyer. Large 1st floor office and two one-bedroom units rent for $2,400/month total. Office space rented through 2023, while residential leases will expire in less than 12 months allowing for near term cash flow increase. Take advantage of the coming growth in demand for one-bedroom units as a result of the housing shortage. Tenants pay electric (including heat), owner pays water. 15% seller financing available for qualified buyer.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Flooring Type: Carpet
  • Interior Amenities: Primary Bath(s)
  • Window Features: Storm
  • Wall Ceiling Types: 9'+ Ceilings
  • Basement: No
  • Total Sq Ft: 1875
  • Living Area Sq Ft: 1875
  • Price Per Sq Ft: 106.67
  • Above Grade Finished Sq Ft: 1875
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 202

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stucco
  • Roof: Shingle, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 110 Volts
  • Gas Avg Month: 50.00
  • Gas Prev12 Months: 600.00
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available
  • Monthly Water Average: 30
  • Water Previous Twelve Months: 360.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: UPPER DARBY
  • Elementary School: BYWOOD
  • Middle School: BEVERLY HILLS
  • High School: UPPER DARBY SENIOR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397363
  • School District Source: Listing Agent
  • Elementary School: BYWOOD
  • High School: UPPER DARBY SENIOR
  • Middle Or Junior School: BEVERLY HILLS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 212120.00
  • Land Assessed Value: 31680.00
  • Land Use Code: R-61
  • Lot Dimensions: 25.00 x 75.00
  • Lot Size Units: Square Feet
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Triple Net
  • Ground Rent Exists: No
  • Owner Pays: Gas, Sewer, Sewer Maintenance, Taxes - Personal Property, Taxes - Real Estate, Water, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 28800.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 445440
  • School Tax: 6004.00
  • Tax Annual Amount: 9939.00
  • Assessor Parcel Number: 16-04-01152-00
  • Tax Lot: 807-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/31/2021

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Income Includes: Apartment Rentals
  • Single Room Units Count: 1

MLS Schools

  • School District Name: UPPER DARBY

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 List to Sale Price per Sq Ft
12/31/2021 12/31/21 Sold $145,000 -27.5% $77 / Sq Ft
08/02/2021 08/02/21 Price Changed $200,000 -11.1% $107 / Sq Ft
06/25/2021 06/25/21 For Sale $225,000 0.0% $120 / Sq Ft
06/01/2017 06/01/17 Rented $700 0.0% --
06/01/2017 06/01/17 Under Contract -- -- --
05/07/2017 05/07/17 For Rent $700 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2001124

Bright MLS