NOT LISTED FOR SALE

255 E Township Line Rd Upper Darby, PA 19082

Highland Park Neighborhood

Estimated Value: $268,000 - $293,000

-- Bed
2 Baths
1,400 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $270,001 $193 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,932/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Recessed Lighting
  • Traditional Floor Plan
  • Bathtub with Shower
  • Forced Air Heating System

About This Home

As of May 2024

INVESTOR ALERT. METICULOUSLY maintained duplex directly across from the Havertown Post Office. First floor is a one bedroom currently rented at $850.00 per month. The second floor is a 2 bedroom unit rented to a long term tenant at $925.00 per month. There are designated parking spaces for each apartment in the rear of the building. The building has new replacement windows and gas and electic is metered separately for each apartment. Both units have recessed lighting in the living room. First has a large kitchen which has plenty of space for a dining table. There is also additional space off the Living Room which can be a dining area and is currently utilized as an office area. The second floor has features an ample living room area and opens to a kitchen with a breakfast bar. Both units have newer w/w carpet. The first floor is on a month to month and will be leaving at the end of April. Second floor tenant desires to stay after the sale is completed. The basement has a storage locker for each unit and a washer and dryer shared by both tenants. The location is very convenient and close to shopping and dining. This is a turnkey property, perfect for a new investor trying to build an investment portfolio or for a single individual or couple looking to live in one and have the tenant supplement the mortage payment. Current rents are currently below market. This is without exageration one of the cleanest and more desirable multi family property properties available. NOTE: showings will begin at noon Friday April 5th. Offers will be reviewed Thursday April 11th. This property will not last!

Last Agent to Sell the Property

MICHAEL GUTKIND

BHHS Fox & Roach-Haverford License #RS186985L Listed on: 04/04/2024

BHHS Fox & Roach-Haverford

Last Buyer's Agent

John Gallagher

RE/MAX Hometown Realtors

RE/MAX Hometown Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,865

Year Built

  • Built in 1950

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 20.00 x 120.87
  • Level Lot
  • Back Yard
  • Property is in excellent condition

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Asphalt Roof

Interior Spaces

  • Bathtub with Shower
  • 1,400 Sq Ft Home
  • Traditional Floor Plan
  • Recessed Lighting
  • Double Hung Windows
  • Dining Area
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Stove

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Upper Darby Senior High School

Utilities

  • Forced Air Heating System
  • Above Ground Utilities
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for common area maintenance, pest control, sewer, real estate taxes, trash collection, water, lawn/shrub care, insurance
  • Tax Lot 332-000
  • Assessor Parcel Number 16-08-02652-00

Community Details

Overview

  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $900
  • Maintenance Expense $1,500
  • Trash Expense $650
  • Operating Expense $7,300
  • Gross Income $21,300
  • Net Operating Income $20,661

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,865

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: tenant possessions
  • Historic: No
  • Inclusions: 2 refrigerators, 1 washer and 1 dryer (shared by both tenants)
  • New Construction: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: INVESTOR ALERT. METICULOUSLY maintained duplex directly across from the Havertown Post Office. First floor is a one bedroom currently rented at $850.00 per month. The second floor is a 2 bedroom unit rented to a long term tenant at $925.00 per month. There are designated parking spaces for each apartment in the rear of the building. The building has new replacement windows and gas and electic is metered separately for each apartment. Both units have recessed lighting in the living room. First has a large kitchen which has plenty of space for a dining table. There is also additional space off the Living Room which can be a dining area and is currently utilized as an office area. The second floor has features an ample living room area and opens to a kitchen with a breakfast bar. Both units have newer w/w carpet. The first floor is on a month to month and will be leaving at the end of April. Second floor tenant desires to stay after the sale is completed. The basement has a storage locker for each unit and a washer and dryer shared by both tenants. The location is very convenient and close to shopping and dining. This is a turnkey property, perfect for a new investor trying to build an investment portfolio or for a single individual or couple looking to live in one and have the tenant supplement the mortage payment. Current rents are currently below market. This is without exageration one of the cleanest and more desirable multi family property properties available. NOTE: showings will begin at noon Friday April 5th. Offers will be reviewed Thursday April 11th. This property will not last!
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Stove
  • Flooring Type: Fully Carpeted
  • Interior Amenities: Carpet, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Recessed Lighting, Tub Shower
  • Window Features: Double Hung, Energy Efficient
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Stone
  • Room Count: 4
  • Basement: No
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 175.00
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 255

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Refuse: 650.00
  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Pest Control Expense: 600.00
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: UPPER DARBY
  • High School: UPPER DARBY SENIOR
  • High School Source: 3rd Party
  • School District Key: 300200397363
  • School District Source: 3rd Party
  • High School: UPPER DARBY SENIOR

Lot Info

  • Land Use Code: R-20
  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 120.87
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R-20
  • Zoning Description: Two Family Residential

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Common Area Maintenance, Pest Control, Sewer, Taxes - Real Estate, Trash Collection, Water, Lawn/Shrub Care, Insurance
  • Rent Control: No
  • Total Actual Rent: 1775.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2900.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4865.00
  • Assessor Parcel Number: 16-08-02652-00
  • Tax Lot: 332-000
  • Tax Total Finished Sq Ft: 1400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/10/2024

Multi Family

  • Gross Income: 213.00
  • Gross Scheduled Income: 21300.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 7300.00
  • Other Units: Unit 1,Unit 2
  • Vacancy Allowance Rate: 3.00

MLS Schools

  • School District Name: UPPER DARBY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 10, 2024
Sold by
Elgart Howard R and Elgart Francine S
Bought by
Kjr2 Rei Llc
Seller's Agent
MICHAEL GUTKIND
BHHS Fox & Roach-Haverford
Buyer's Agent
John Gallagher
RE/MAX Hometown Realtors
List Price
$245,000
Sold Price
$270,001
Premium/Discount to List
$25,001
10.2%
Views
41
Current Estimated Value
$278,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,553
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
May 24, 2004
Sold by
Mccabe Lisa and Rayer Lisa E
Bought by
Elgart Howard R and Elgart Francine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Kjr2 Rei Llc $270,001 None Listed On Document
Elgart Howard R $122,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kjr2 Rei Llc $217,500
Previous Owner Elgart Howard R $97,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $270,001 +10.2% $193 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $245,000 -- $175 / 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 $4,883 $115,450 $37,640 $77,810
2023 $4,837 $115,450 $37,640 $77,810
2022 $4,706 $115,450 $37,640 $77,810
2021 $6,346 $115,450 $37,640 $77,810
2020 $4,936 $76,310 $27,040 $49,270
2019 $4,850 $76,310 $27,040 $49,270
2018 $4,794 $76,310 $0 $0
2017 $4,669 $76,310 $0 $0
2016 $419 $76,310 $0 $0
2015 $419 $76,310 $0 $0
2014 $419 $76,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2063194

Bright MLS

APN: 16-08-02652-00