3503 State Route 208 New Wilmington, PA 16142
Estimated payment $3,448/month
About This Home
A smart and unique addition to any investment portfolio, this impeccably maintained 8-unit property offers positive cash flow in the peaceful countryside of Wilmington Township, just outside the boro limits. Catering to a range of tenant needs and consisting of 2 buildings, the property features a mix of three 1 bedroom units, four 1 bedroom efficiencies and an enviably spacious 1 bedroom owner's suite with exclusive 2 car garage. This unit can be expanded into an efficiency unit to easily convert to a 2 bedroom home. The majority of the units have been updated with modern kitchen and baths. Other amenities include public utilities, off-street parking, beautifully landscaped central outdoor space, new roofs and some new windows enhancing long term value and efficiency. With a desirable location, strong rental history and continued upgrades, this property is a turnkey investment opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,620
Year Built
- Built in 1964
Lot Details
- 1.43 Acre Lot
- Lot Dimensions are 135x508x108x478
Home Design
- Frame Construction
- Asphalt Roof
Basement
- Partial Basement
Parking
- 13 Car Attached Garage
- Off-Street Parking
Community Details
Overview
- 8 Units
Building Details
- Insurance Expense $3,344
- Maintenance Expense $680
- Gross Income $79,320
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,620 | $182,900 | $26,600 | $156,300 |
| 2024 | $4,620 | $182,900 | $26,600 | $156,300 |
| 2023 | $4,620 | $182,900 | $26,600 | $156,300 |
| 2022 | $4,620 | $182,900 | $26,600 | $156,300 |
| 2021 | $4,546 | $182,900 | $26,600 | $156,300 |
| 2020 | $4,546 | $182,900 | $26,600 | $156,300 |
| 2019 | $4,363 | $182,900 | $26,600 | $156,300 |
| 2018 | $4,269 | $182,900 | $26,600 | $156,300 |
| 2017 | $4,212 | $182,900 | $26,600 | $156,300 |
| 2016 | $1,283 | $182,900 | $26,600 | $156,300 |
| 2015 | $1,283 | $182,900 | $26,600 | $156,300 |
| 2014 | $1,283 | $182,900 | $26,600 | $156,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2025 02/26/25 | For Sale | $575,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: West Penn Multi-List
MLS Number: 1689659
APN: 37-083800
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