$472,000
$495,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
3,093 SqFt
SOLD DATE : 10/11/2019
Key Details
Sold Price $472,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,093 sqft
Price per Sqft $152
MLS Listing ID PADE499672
Sold Date 10/11/19
Style Dwelling with Rental
HOA Y/N N
Abv Grd Liv Area 3,093
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $9,957
Tax Year 2019
Lot Size 0.263 Acres
Acres 0.26
Lot Dimensions 75.00 x 150.00
Property Description
KW Commercial is proud to exclusively present for sale this four unit multifamily property in Ardmore Park. The property has been drastically under managed and under rented, which leaves significant value add potential to the new owner. Well located in a beautiful neighborhood setting just steps away from Chestnutwold Elementary School, Merion Golf Course and Lankenau Hospital. There is great potential to improve the units with cosmetic upgrades, including kitchens and bathrooms, and lease the updated units to nearby teachers, nurses, or other professionals. The property includes three garages for additional income and value to the tenants. Multiple laundry hook ups in the basement that is easily accessible through a rear private entrance. Average household income within 3 miles is $120,000 and average home value is $387,000. Excellent opportunity to own a value add investment property in a beautiful neighborhood.
Location
State PA
County Delaware
Area Haverford Twp (10422)
Zoning RESIDENTIAL
Rooms
Basement Full
Interior
Hot Water Oil
Heating Hot Water
Cooling Window Unit(s)
Heat Source Oil
Exterior
Parking Features Additional Storage Area, Covered Parking, Garage - Front Entry
Garage Spaces 3.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 3
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Dwelling with Rental
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Haverford Township
Others
Tax ID 22-06-01423-00
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with John Knisely • Keller Williams Real Estate - Media
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Broker-Owner | Lic# RM423246