NOT LISTED FOR SALE

345 Seneca St Tinicum Township, PA 19029

-- Bed
-- Bath
5,252 Sq Ft
5,000 Sq Ft Lot

Last Sold April 07, 2022

Last sale price $425,000 $81 Per Sq Ft

138 Days on Market

Highlights

  • Corner Lot
  • More Than Two Accessible Exits
  • Forced Air Heating System
  • 3 Car Detached Garage
  • Ceramic Tile Flooring
  • Electric Baseboard Heater

About This Home

As of April 2022

Great opportunity for small business owner to earn income while using commercial space. Minutes from PHL. This Mixed Use ( 5-unit apartment building + +/- 2 car commercial garage space) property has strong rental history. The flat roof has recently been redone, fire alarm system all upgraded within the last year. For in the investor, there is a huge earning potential with the commercial garage space where the current owner uses as storage. Tenants require 48-hour notification for showings. 7% CAP RATE with VALUE ADD TO LEASE OUT GARAGES . P&L available upon request.

Last Agent to Sell the Property

Lori Livingston

(484) 947-7137 lori.livingston@expcommercial.com eXp Commercial License #RS0040012 Listed on: 08/27/2021

eXp Commercial

Last Buyer's Agent

Florence Bazhaw

(610) 322-1999 flo@realestateflo.com Keller Williams Real Estate - Media

Keller Williams Real Estate - Media

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,634

Year Built

  • Built in 1930

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Corner Lot
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • On-Street Parking

Home Design

  • 5,252 Sq Ft Home
  • Dwelling with Rental
  • Flat Roof Shape
  • Asbestos Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Interboro Senior High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • The owner pays for insurance, heater maintenance contract, repairs, sewer, sewer maintenance, real estate taxes, trash collection, water
  • Tax Lot 361-000
  • Assessor Parcel Number 45-00-01967-00

Community Details

Overview

  • 4 Units
  • 3-Story Building
  • Lester Subdivision

Building Details

  • Operating Expense $16,762
  • Gross Income $46,200
  • Net Operating Income $29,437

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,634

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Dwelling With Rental
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Tenant possessions
  • Historic: No
  • Inclusions: All refrigerators in units.
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Carpet, Ceramic Tile
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 5252
  • Living Area Sq Ft: 5252
  • Price Per Sq Ft: 85.68
  • Above Grade Finished Sq Ft: 5252
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Block, Stucco
  • Roof: Asbestos Shingle, Flat
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Cable Tv Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent
  • High School: INTERBORO SENIOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 211410.00
  • Land Assessed Value: 98590.00
  • Lot Features: Corner
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Good
  • Zoning: A-50
  • Zoning Description: A-50 Apartments 5-19 Units, HSE Gar Apt, 50X100 S33 L25 26

Rental Info

  • Existing Lease Type: Long Term
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 4
  • Owner Pays: Insurance, Heater Maintenance Contract, Repairs, Sewer, Sewer Maintenance, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 46200.00
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 570364
  • School Tax: 7774.00
  • Tax Annual Amount: 9634.00
  • Assessor Parcel Number: 45-00-01967-00
  • Tax Lot: 361-000
  • Tax Page Number: 0710
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Gross Income: 46200.00
  • Gross Scheduled Income: 46200.00
  • Operating Expense: 16762.00
  • Vacancy Allowance Rate: 2.00

MLS Schools

  • School District Name: INTERBORO

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
04/07/2022 04/07/22 Sold $425,000 -5.6% $81 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
08/27/2021 08/27/21 For Sale $450,000 -- $86 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lori Livingston

    Seller's Agent in 2022

    Lori Livingston

    eXp Commercial

    (484) 947-7137

    3 in this area

    30 Total Sales

    Lori Livingston
    Section Image
  • Florence Bazhaw

    Buyer's Agent in 2022

    Florence Bazhaw

    Keller Williams Real Estate - Media

    (610) 322-1999

    3 in this area

    85 Total Sales

    Florence Bazhaw
    Section Image
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Map

Source: Bright MLS

MLS Number: PADE2006270

Bright MLS
Pennsylvania Delaware County Tinicum Township 19029

345 Seneca St, Tinicum Township, PA

Not Listed for Sale

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