NOT LISTED FOR SALE

776 Garrett Rd Upper Darby, PA 19082

Estimated Value: $248,275

-- Bed
-- Bath
1,568 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $100,000 $64 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,654/month

Highlights

  • No HOA
  • Home Security System
  • En-Suite Primary Bedroom
  • Cooling System Mounted In Outer Wall Opening
  • Mobility Improvements
  • Zoned Heating

About This Home

As of December 2016

Investor Alert. New Price Reduction. If you're looking for a turn-key investment opportunity with a positive cash flow and tenants in place, this property is for you! Located on a convenient, accessible residential/commercial area. A unique block of businesses from retail to offices. This building also offers a low tax rate to help keep operating expenses low. The first floor is used as a day care center, and the second floor is a large 2-3 bedroom apartment in good condition. Both tenants would like to stay and have not had rent increases in a few years. Current owner remodeled and update everything in this building to ensure full compliance with ADA and Upper Darby Township building codes. Tenants are willing to sign a longer term lease. Minimal maintenance needed, modest expenses, excellent tenants, great location, and a current cash flow of $1700 a month. This is a great investment for the money.Motivated Seller. Bring an offer.

Last Agent to Sell the Property

Joan Keller

(484) 995-0464 jkeller@cbpref.com Coldwell Banker Realty Listed on: 04/01/2016

Coldwell Banker Realty

Last Buyer's Agent

Joan Keller

(484) 995-0464 jkeller@cbpref.com Coldwell Banker Realty Listed on: 04/01/2016

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 1,568 Sq Ft Lot
  • Lot Dimensions are 16x90
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,568 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Private Parking
  • On-Street Parking

Accessible Home Design

  • Mobility Improvements

Schools

  • Upper Darby Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 017-000
  • Assessor Parcel Number 16-04-00615-00

Community Details

Overview

  • No Home Owners Association
  • Drexel Plaza Subdivision

Building Details

  • Operating Expense $3,611

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1926
  • Remarks Public: Investor Alert. New Price Reduction. If you're looking for a turn-key investment opportunity with a positive cash flow and tenants in place, this property is for you! Located on a convenient, accessible residential/commercial area. A unique block of businesses from retail to offices. This building also offers a low tax rate to help keep operating expenses low. The first floor is used as a day care center, and the second floor is a large 2-3 bedroom apartment in good condition. Both tenants would like to stay and have not had rent increases in a few years. Current owner remodeled and update everything in this building to ensure full compliance with ADA and Upper Darby Township building codes. Tenants are willing to sign a longer term lease. Minimal maintenance needed, modest expenses, excellent tenants, great location, and a current cash flow of $1700 a month. This is a great investment for the money.Motivated Seller. Bring an offer.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted, Laminated
  • Interior Amenities: Store/Office
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1568
  • Living Area Sq Ft: 1568
  • Price Per Sq Ft: 75.89
  • Above Grade Finished Sq Ft: 1568
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 776

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • 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: 1
  • Parking Features: Street, Private, Private
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: UPPER DARBY
  • High School: UPPER DARBY SENIOR
  • School District Key: 300200397363
  • High School: UPPER DARBY SENIOR

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 16X90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1568.00
  • Property Condition: Good
  • Zoning: MULTI

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 444899
  • Tax Annual Amount: 3611.00
  • Assessor Parcel Number: 16-04-00615-00
  • Tax Lot: 017-000
  • Tax Year: 2016
  • Close Date: 12/28/2016

MLS Schools

  • School District Name: UPPER DARBY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Dec 30, 2016
Sold by
M A D Properties Partnership
Bought by
Zia Rashid and Rashid Hina
Seller's Agent
Joan Keller
Coldwell Banker Realty
Buyer's Agent
Joan Keller
Coldwell Banker Realty
List Price
$129,000
Sold Price
$100,000
Premium/Discount to List
-$29,000
-22.48%
Current Estimated Value
$248,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,275
Avg. Annual Appreciation
10.90%

Purchase Details

Closed on
Mar 7, 2007
Sold by
Shalles Robert E and Estate Of Robert E Shalles
Bought by
M A D Properties Partnership
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
Zia Rashid $100,000 Title Services
M A D Properties Partnership $124,000 Commonwealth Land Title Insu
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $100,000 -22.5% $64 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $129,000 -- $82 / 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
2025 $4,060 $95,990 $61,460 $34,530
2024 $4,060 $95,990 $61,460 $34,530
2023 $4,021 $95,990 $61,460 $34,530
2022 $3,913 $95,990 $61,460 $34,530
2021 $5,276 $95,990 $61,460 $34,530
2020 $3,846 $59,450 $15,640 $43,810
2019 $3,778 $59,450 $15,640 $43,810
2018 $3,735 $59,450 $0 $0
2017 $3,638 $59,450 $0 $0
2016 $326 $59,450 $0 $0
2015 $333 $59,450 $0 $0
2014 $333 $59,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joan Keller

    Coldwell Banker Realty

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Map

Source: Bright MLS

MLS Number: 1003916899

Bright MLS

APN: 16-04-00615-00

Pennsylvania Delaware County Upper Darby Township 19082

776 Garrett Rd, Upper Darby Township, PA

This home is located at 776 Garrett Rd, Upper Darby, PA 19082 since 01 April 2016 and is currently estimated at $248,275, approximately $158 per square foot. This property was built in 1926. 776 Garrett Rd is a home located in Delaware County with nearby schools including Bywood Elementary School, Upper Darby Kdg Center, and Upper Darby High School.

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