NOT LISTED FOR SALE
-- Bed
-- Bath
3,500 Sq Ft
0.45 Acres

Last Sold December 03, 2019

Last sale price $523,540 $150 Per Sq Ft

363 Days on Market

Highlights

  • 0.45 Acre Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Swarthmore-Rutledge School Rated A
  • No HOA
  • 3-minute walk to Don Henderson Field

About This Home

As of December 2019

Easy Investment opportunity! This 4 unit apartment building has so many desirable features...making it a breeze to rent. It's minutes away from Swarthmore's Town Center and Septa Train Station to Philadelphia. And each unit has charm and character rarely found. Your tenants will enjoy the private parking, with room for guests, and a large grassy lawn. As a landlord, you'll enjoy the stability of long term tenants, with additional rent from the detached garage and coin-based laundry...Washer and Dryer are yours with the sale. Plus, these units rent quickly. The last one rented in two weeks! Finally, the property has been upgraded recently, with new exterior and interior features including new siding, gutters, roofing, many new windows and a newer gas heater. There is also an iron fire escape from the 3rd floor apartment, with DOE compliant electric signage and fire doors throughout. Don't miss this opportunity to own this Swarthmore gem!

Last Listed By

Perri Ann Evanson

BHHS Fox & Roach-Media License #AB067620 Listed on: 06/21/2018

BHHS Fox & Roach-Media

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,953

Year Built

  • Built in 1928

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 82x238

Parking

  • 2 Car Detached Garage
  • 8 Open Parking Spaces
  • Front Facing Garage
  • Parking Lot

Home Design

  • Quadruplex
  • Stone Foundation
  • Pitched Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,500 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Swarthmore-Rutledge Elementary School
  • Strath Haven Middle School
  • Strath Haven High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for gas, heat, insurance, lawn/shrub care, common area maintenance, pest control, snow removal, real estate taxes, trash collection, water
  • Tax Lot 307-000
  • Assessor Parcel Number 43-00-01173-00

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Income includes laundry
  • Insurance Expense $2,712
  • Maintenance Expense $2,717
  • Other Expense $4,499
  • Operating Expense $20,881
  • Gross Income $53,100
  • Net Operating Income $34,303

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,953

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Commercial Grade, coin operated Washer and Dryer
  • New Construction: No
  • Other Expense: 4499.00
  • Storage: Basement
  • Year Built: 1928
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Window Features: Energy Efficient
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 3500
  • Living Area Sq Ft: 3500
  • Price Per Sq Ft: 157.14
  • Above Grade Finished Sq Ft: 3500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 205

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stone
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 8
  • Parking Features: Private
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Parking Lot, Detached Garage

Utilities

  • Annual Heating Expense: 2736.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1763.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: WALLINGFORD-SWARTHMORE
  • Elementary School: SWARTHMORE-RUTLEDGE SCHOOL
  • Middle School: STRATH HAVEN
  • High School: STRATH HAVEN
  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 300200396626
  • School District Source: 3rd Party
  • Elementary School: SWARTHMORE-RUTLEDGE SCHOOL
  • High School: STRATH HAVEN
  • Middle Or Junior School: STRATH HAVEN

Lot Info

  • Land Use Code: A-50
  • Lot Size Acres: 0.45
  • Lot Dimensions: 82X238
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19733.00
  • Zoning: RESID

Green Features

  • Green Remarks: New Roof, some new windows, energy efficient gas furnace.

Rental Info

  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Gas, Heat, Insurance, Lawn/Shrub Care, Common Area Maintenance, Pest Control, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 53100.00
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Gross Income: 54977.00
  • Gross Scheduled Income: 53100.00
  • Income Includes: Laundry
  • Operating Expense: 21802.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Tax Annual Amount: 10953.00
  • Assessor Parcel Number: 43-00-01173-00
  • Tax Lot: 307-000
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 12/03/2019

MLS Schools

  • School District Name: WALLINGFORD-SWARTHMORE

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
12/03/2019 12/03/19 Sold $523,540 -4.8% $150 / Sq Ft
06/11/2019 06/11/19 Price Changed $550,000 -8.2% $157 / Sq Ft
03/02/2019 03/02/19 Price Changed $599,000 -3.2% $171 / Sq Ft
09/09/2018 09/09/18 Price Changed $619,000 -3.1% $177 / Sq Ft
06/21/2018 06/21/18 For Sale $639,000 0.0% $183 / Sq Ft
10/08/2016 10/08/16 Rented $800 0.0% --
10/03/2016 10/03/16 Under Contract -- -- --
09/15/2016 09/15/16 For Rent $800 -8.6% --
07/21/2014 07/21/14 Rented $875 0.0% --
06/30/2014 06/30/14 Under Contract -- -- --
05/15/2014 05/15/14 For Rent $875 -41.5% --
12/01/2013 12/01/13 Rented $1,495 0.0% --
11/25/2013 11/25/13 Under Contract -- -- --
11/11/2013 11/11/13 For Rent $1,495 +17.3% --
03/01/2013 03/01/13 Rented $1,275 -14.7% --
02/01/2013 02/01/13 Under Contract -- -- --
12/01/2012 12/01/12 Rented $1,495 +17.3% --
10/17/2012 10/17/12 Under Contract -- -- --
09/10/2012 09/10/12 For Rent $1,275 -14.7% --
08/10/2012 08/10/12 For Rent $1,495 -- --
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: 1001917702

Bright MLS

APN: 43-00-01173-00