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Key Details
Sold Price $330,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $110
Subdivision Bywood
MLS Listing ID PADE2016374
Sold Date 03/31/22
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $4,484
Tax Year 2021
Lot Size 1,875 Sqft
Acres 0.04
Lot Dimensions 25.00 x 75.00
Property Description
If you are looking for a solid real estate investment, your search is over!!!!! 234 LONG LN is the property!!!! Difficult to find property like this in a very convenient location near 69th street subway station, bus line, shopping, businesses, school nearby!!!Recently Renovated 2nd FLOOR 1200SF 3 BED APARTMENT ready for new owner to move in or rent for 1500/M. Three other units currently rented!!!!! TOTAL 4 UNITS with 3600 monthly rent!!!I 234 LONG LN is 3 story mixed use property in Upper Darby Township!!! Upper Darby School District!!! Walking distance to 69th street subway station!!!!!!!!PROPERTY DETAILS:::: 3 story Semi detached BRICK building . 3rd floor and 2nd floor apartments , 1st floor front and back two offices/rental units . Guaranteed income. All updated units . 1st flr FRONT- Church with 1 powder rooms, rent 600/M . 1st floor BACK - Office with powder room and 1 car parking , rent 700/M . 2nd flr recently renovated 3 bed room apartment, with Living room and EIK kitchen , Freshly painted, new vinyl floor. 4 pieces bathroom. Projected Monthly rent $1500/month. 3rd flr: 1 bed room, 1 bath, LR, kitchen.. bath, Rent $800/month. 3 Separate electric meters. Total Monthly Rental Income=600+700+1500+800=3600H. CAP RATE 9.75!!!!!Tenants Pays own electric. Owner pays water (Avg. 75/M) and Gas for heating. Last 12 months total PECO gas bill 1739$ ( AVG. 144/M). Excellent investment opportunity or stay in one and collect rent from other three others to pay mortgage. Most of the updates done last few years. Nothing to do. Come take a look. Will not last!!!!!!!
Location
State PA
County Delaware
Area Upper Darby Twp (10416)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas, 60+ Gallon Tank
Heating Hot Water, Radiator, Zoned
Cooling Window Unit(s)
Flooring Wood, Luxury Vinyl Plank
Equipment Negotiable
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Utilities Available Cable TV, Electric Available, Phone Available, Water Available
Water Access N
Roof Type Architectural Shingle,Flat,Rubber
Accessibility 2+ Access Exits, Level Entry - Main
Total Parking Spaces 1
Garage N
Building
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Bywood
Middle Schools Beverly Hills
High Schools Upper Darby Senior
School District Upper Darby
Others
Tax ID 16-04-01168-00
Ownership Fee Simple
SqFt Source Estimated
Security Features 24 hour security,Carbon Monoxide Detector(s),Exterior Cameras,Main Entrance Lock,Smoke Detector,Surveillance Sys
Acceptable Financing Cash, Conventional, Private, Seller Financing
Listing Terms Cash, Conventional, Private, Seller Financing
Financing Cash,Conventional,Private,Seller Financing
Special Listing Condition Standard
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Bought with Sofia Veytsman • Market Force Realty