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Listing Details

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Description

Excellent investment opportunity in Folcroft. High visibility commercial property currently being used as a car lot. Current lease term expires June 30, 2023. Monthly rent is $3,000 per month with a balloon payment of $18,000 at the end of the first and second lease years. Year three of the lease, renter will make 12 monthly payments of $4,500 per month with option to renew. New roof and all new mechanicals installed in 2016. Please contact listing agent for showing requests! Buyer responsible for U&O.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or John Kriza Real Estate Team | Beiler-Campbell Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-18T23:52:54.843.
www.johnkrizateam.com/homes/117727504
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1405 Chester Pike FOLCROFT, PA 19032

  • Price: $510,000
  • Status: Active
  • Updated: 198 min ago
  • ID#: PADE546102
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Beds
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Baths
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½ Baths
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Acres
Neighborhood:
Folcroft Boro (10420)
County:
Delaware
Area:
Folcroft Boro (10420)
School District:
Southeast Delco
Property Description
Excellent investment opportunity in Folcroft. High visibility commercial property currently being used as a car lot. Current lease term expires June 30, 2023. Monthly rent is $3,000 per month with a balloon payment of $18,000 at the end of the first and second lease years. Year three of the lease, renter will make 12 monthly payments of $4,500 per month with option to renew. New roof and all new mechanicals installed in 2016. Please contact listing agent for showing requests! Buyer responsible for U&O.
Exterior Features

Construction Materials Brick Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Other Heating Other Heating YN Yes Inclusions Lease Net Square Feet 0.00

Property Features

Accessibility Features None Assessment Year 2021 Association YN No Business Type Auto Related Central Air YN No Cooling Fuel Other Heating Fuel Other Hot Water Other Municipality Folcroft Boro Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 304604528332 Ownership Interest Fee Simple Possession Immediate Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 13901.00 Tax Assessment Amount 364790.00 Tax Lot 012-000 Vacation Rental YN No Water Source Public Zoning Commercial

Listing courtesy of Keller Williams Philadelphia.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or John Kriza Real Estate Team | Beiler-Campbell Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-18T23:52:54.843.
 
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John Kriza Real Estate Team | Beiler-Campbell Realtors
402 Bayard Rd. Ste. 100
Kennett Square PA, 19348