NOT LISTED FOR SALE

44 S Morton Ave Morton, PA 19070

-- Bed
-- Bath
3,612 Sq Ft
10,150 Sq Ft Lot

Last Sold October 02, 2019

Last sale price $319,000 $88 Per Sq Ft

10 Days on Market

Highlights

  • Traditional Architecture
  • 2-minute walk to Morton
  • Level Lot
  • Springfield High School Rated A-
  • No HOA
  • Carpet

About This Home

As of October 2019

Excellent Investment Opportunity to own a SEVEN unit Apartment Building, fully rented and great rental history. Very well maintained property by the same owner for 40 years. Three (3) one bedroom and four (4) studio apartments. Newer roof, new high efficiency gas hot water heater, newer high efficiency gas boiler, central heating and water. Each apartment has separate electric meters. Cozy front porch and nicely landscaped yard. Off street parking for 6 cars. Just one block from the train, walk to Wawa, Pharmacy/Grocery. Convenient to Rt. 1, Rt. 476 and I-95 PLEASE NOTE, this is an extremely confidential listing, the Tenants are not aware the property is for sale. Any perspective Buyer will have to show buying credentials that will have to be reviewed by the Owner prior to any showing being scheduled.

Last Agent to Sell the Property

Alison Faga

(610) 909-6643 alison.faga@gmail.com RE/MAX Preferred - Newtown Square License #RS142413A Listed on: 07/31/2019

RE/MAX Preferred - Newtown Square

Last Buyer's Agent

Mike Dolente

(610) 325-4100 mikedolente@gmail.com RE/MAX Preferred - Newtown Square

RE/MAX Preferred - Newtown Square

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,651

Year Built

  • Built in 1920

Lot Details

  • 10,150 Sq Ft Lot
  • Lot Dimensions are 50.00 x 203.00
  • Level Lot
  • Property is in good condition

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Plaster Walls
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,612 Sq Ft Home
  • Carpet
  • Fire Escape
  • Unfinished Basement

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Off-Street Parking

Schools

  • Richardson Middle School
  • Springfield High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for common area maintenance, gas, heater maintenance contract, lawn/shrub care, repairs, snow removal, real estate taxes, trash collection, water
  • Tax Lot 238-000
  • Assessor Parcel Number 29-00-00324-00

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $3,991
  • Trash Expense $854
  • Gross Income $4,235
  • Net Operating Income $28,575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,651

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Carpet
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3612
  • Living Area Sq Ft: 3612
  • Price Per Sq Ft: 91.09
  • Above Grade Finished Sq Ft: 3612
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stucco
  • Exterior Features: Fire Escape
  • Roof: Shingle, Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 6
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street

Utilities

  • Refuse: 854.00
  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Wall Unit
  • Previous Twelve Months Electric Expense: 581.00
  • Electric Service: 100 Amp Service
  • Gas Avg Month: 287.33
  • Gas Prev12 Months: 3448.00
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 3362.00
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: SPRINGFIELD
  • Middle Or Junior School: RICHARDSON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 55280.00
  • Land Assessed Value: 98020.00
  • Lot Features: Level
  • Lot Size Acres: 0.23
  • Lot Dimensions: 50.00 x 203.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10150.00
  • Property Condition: Good
  • Zoning: R4
  • Zoning Description: High Density Residential

Rental Info

  • Owner Pays: Common Area Maintenance, Gas, Heater Maintenance Contract, Lawn/Shrub Care, Repairs, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Total Actual Rent: 4235.00
  • Units Leased Count: 7
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 511809
  • School Tax: 5056.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 7651.00
  • Assessor Parcel Number: 29-00-00324-00
  • Tax Lot: 238-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Gross Scheduled Income: 4235.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: SPRINGFIELD

Range of Values:

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Value Increase
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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
10/02/2019 10/02/19 Sold $319,000 -3.0% $88 / Sq Ft
08/10/2019 08/10/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $329,000 -- $91 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alison Faga

    Seller's Agent in 2019

    Alison Faga

    RE/MAX

    (610) 909-6643

    1 in this area

    29 Total Sales

    Alison Faga
    Section Image

  • M

    Buyer's Agent in 2019

    Mike Dolente

    RE/MAX

    Section Image
  • Evans Zog

    Buyer Co-Listing Agent in 2019

    Evans Zog

    RE/MAX

    (610) 389-4804

    1 in this area

    61 Total Sales

    Evans Zog
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PADE100099

Bright MLS
Pennsylvania Delaware County Morton 19070

44 S Morton Ave, Morton, PA

Not Listed for Sale

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