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2 Linden Avenue

RUTLEDGE, PA 19070
  • $675,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: PADE2022168
UPDATED: 56 min ago
$675,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1923
County:

School Information

High School:
School District:

Description

Great Investment Opportunity for Rare 5 Unit in Award Winning Wallingford-Swarthmore School District. Great long term tenant base occupies 4 out of the 5 units. One unit, apartment 2F, is available for showing at your convenience. This unit has been recently updated and prime for a new renter. All 4 other units have great tenants that wish to stay. There is opportunity for new owner to increase rents as all rents are under current market value. All 5 apartments have their own electric, gas and water meters. The first floor apartment and both second floor apartments have owner provided heat included in rent. The third floor apartments have gas forced air and a/c for their own units. Great corner property with recently coated and striped private parking lot, has 8 spots for tenants of this building. See rent roll and financials for your due diligence. This property was recently appraised at $730,000.00, so the offering price has plenty of room for the new owner to have piece of mind. This is a must see if you are a serious investor wanting to add a building to your portfolio in a great school district.

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©2022 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: 2022-05-19T13:54:11.977.
www.johnkrizateam.com/homes/127967418
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2 Linden Avenue RUTLEDGE, PA 19070

  • Price: $675,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 56 min ago
  • ID#: PADE2022168
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1923
Built
Neighborhood:
Rutledge Boro (10440)
County:
Delaware
Area:
Rutledge Boro (10440)
High School:
Strath Haven
School District:
Wallingford-Swarthmore
Property Description
Great Investment Opportunity for Rare 5 Unit in Award Winning Wallingford-Swarthmore School District. Great long term tenant base occupies 4 out of the 5 units. One unit, apartment 2F, is available for showing at your convenience. This unit has been recently updated and prime for a new renter. All 4 other units have great tenants that wish to stay. There is opportunity for new owner to increase rents as all rents are under current market value. All 5 apartments have their own electric, gas and water meters. The first floor apartment and both second floor apartments have owner provided heat included in rent. The third floor apartments have gas forced air and a/c for their own units. Great corner property with recently coated and striped private parking lot, has 8 spots for tenants of this building. See rent roll and financials for your due diligence. This property was recently appraised at $730,000.00, so the offering price has plenty of room for the new owner to have piece of mind. This is a must see if you are a serious investor wanting to add a building to your portfolio in a great school district.
Exterior Features

Construction Materials StuccoStone Door Features Double Entry Garage YN No Location Type Corner Lot/Unit Lot Features Corner Parking Features Paved ParkingPrivate Parking Types Parking Lot Property Condition Good Riparian Rights YN No Roof Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3650.00 Cooling Central A/CWindow Unit(S) Exclusions All Tenant Belongings Flooring CarpetHardwoodLaminatedVinylCeramic Tile Heating Hot WaterRadiatorZonedForced Air Heating YN Yes Net Square Feet 3650.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Business Type Apartment Building Central Air YN Yes Cooling Fuel Electric Foundation Details Stone Heating Fuel Natural GasOil Historic YN No Hot Water ElectricNatural Gas Lease Considered YN No Municipality Rutledge Boro Navigable Water YN N New Construction YN No Number Of Units Total 5 Original MLSNumber 801439924858 Owner Pays Taxes - Real EstateTrash CollectionSnow RemovalHeatSewer Ownership Interest Fee Simple Possession 0-30 Days Cd31-60 Days CdImmediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 15772.73 Tax Assessment Amount 357250.00 Tax Lot 002-000 Trash Expense 2667.20 Vacation Rental YN No Water Source Public Zoning R-40 Zoning Description This is A Legal 5 Unit- Have Rental Licenses Uploaded To Show 5 Units

Listing courtesy of Property Merchants, Llc.


©2022 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: 2022-05-19T13:54:11.977.
 
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Kennett Square PA, 19348