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207 Riverview Road

SWARTHMORE, PA 19081
  • $500,000
  • STATUS: Pending
  • ON SITE: 133 Days
  • ID#: PADE2007478
Pending
UPDATED: 33 min ago
$500,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,825
    SQFT
  • $274
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1935
County:

School Ratings & Info

School District:

Description

9% Cap rate on this 2 unit property in Swarthmore. Buy for cash flow today. This unique property offers a 4 bedroom 2 bathroom home with a detached oversized garage with storage and a 2 bedroom one bath apartment above. Step through the front door to the cozy living room with gorgeous hardwoods, and dual archways leading to the dining room. Hardwoods continue through the dining room and into the newly remodeled kitchen which features granite countertops, stainless steel appliances including a gas range, and new white cabinets. Behind the kitchen is the spacious sunroom with dual ceiling fans and new flooring as well as a newly renovated full bathroom, and access to the side deck. On the second floor you will find the main and second bedroom both with hardwood floors, ceiling fans, and beautiful views of the front and back yards respectfully. Another full bathroom completes the second floor. On the third floor are two additional bedrooms. At the rear of the yard sits the detached two car garage with two bedroom apartment above. Before entering the completely updated turn key apartment, stairs lead to a new, expansive, and maintenance free deck with a wooded view. 2 Bedroom apartment and garages are rented for 1950 per month and the house is rented for 2800 per month. 4,750 per month in total rental income per month, low expenses and a 9% cap rate.

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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: 2022-01-25T08:49:13.49.
www.johnkrizateam.com/homes/121388161
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207 Riverview Road SWARTHMORE, PA 19081

  • Price: $500,000
  • Status: Pending
  • On Site: 133 Days
  • Updated: 33 min ago
  • ID#: PADE2007478
0
Beds
0
Baths
0
½ Baths
0.32
Acres
1,825
SQFT
$274
$/SQFT
1935
Built
Neighborhood:
Swarthmore Boro (10443)
County:
Delaware
Area:
Swarthmore Boro (10443)
School District:
Wallingford-Swarthmore
Property Description
9% Cap rate on this 2 unit property in Swarthmore. Buy for cash flow today. This unique property offers a 4 bedroom 2 bathroom home with a detached oversized garage with storage and a 2 bedroom one bath apartment above. Step through the front door to the cozy living room with gorgeous hardwoods, and dual archways leading to the dining room. Hardwoods continue through the dining room and into the newly remodeled kitchen which features granite countertops, stainless steel appliances including a gas range, and new white cabinets. Behind the kitchen is the spacious sunroom with dual ceiling fans and new flooring as well as a newly renovated full bathroom, and access to the side deck. On the second floor you will find the main and second bedroom both with hardwood floors, ceiling fans, and beautiful views of the front and back yards respectfully. Another full bathroom completes the second floor. On the third floor are two additional bedrooms. At the rear of the yard sits the detached two car garage with two bedroom apartment above. Before entering the completely updated turn key apartment, stairs lead to a new, expansive, and maintenance free deck with a wooded view. 2 Bedroom apartment and garages are rented for 1950 per month and the house is rented for 2800 per month. 4,750 per month in total rental income per month, low expenses and a 9% cap rate.
Exterior Features

Architectural Style Traditional Construction Materials Vinyl SidingAluminum Siding Garage Spaces 2.00 Garage Type Garage - Front Entry Garage YN Yes Other Structures Above GradeBelow Grade Parking Types DrivewayDetached Garage Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1825 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 0 Units Furnished None

Property Features

Acceptable Financing CashConventionalFhaVa Accessibility Features None Assessment Year 2021 Central Air YN Yes Cooling Fuel Electric Existing Lease Type Month To Month Foundation Details Permanent Gross Income 57000.00 Heating Fuel Natural Gas Hot Water Electric Insurance Expense 1100.00 Maintenance Expense 650.00 Municipality Swarthmore Boro Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Number Of Units Vacant 0 Original MLSNumber 801042960144 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 10985.00 Tax Assessment Amount 328510.00 Tax Lot 374-000 Total Actual Rent 57000.00 Vacation Rental YN No Water Source Public Zoning R

Listing courtesy of Keller Williams Real Estate -Exton.


©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: 2022-01-25T08:49:13.49.
 
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