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306 S 4TH Street

DARBY, PA 19023
  • $449,900
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: PADE2031176
UPDATED: 46 min ago
$449,900
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,729
    SQFT
  • $121
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

School District:

Description

Welcome to this absolutely Immaculately maintained multi-family unit on 0.3 acres in a beautiful and quiet cul de sac. Located right next to the Darby train station Newark/ Wilmington line. One stop away is University City, two stops away is 30th Street. This property comprises 4 units. 3 units in the main building: a 3 bed 1 bath on the first level and 2, 2 beds and 1 bath on the second and third level. There is also a cottage on the left side of the property that could be used as a primary residence for the new owner! It is a 1 bed 1 bath with plenty of space and completely detached. The first level rents for $975, the second level rents for $875, and the third level rents for $1,000. The detached cottage rents for $850 currently. All of these units are well under market value for rent in the area. Currently it totals $3,700 in rental income per month and $44,400 a year. Every unit is on its own heating system that has been maintained through the years that the current owner has owned the property. Each unit has radiator heat as well as supplemental baseboard heaters. The only exception is the cottage, which is all electric. All units also have their own circuit box in the unit as well as a master box in the basement for each separate unit. Tenants pay for their own electrical and heat. There are hard-wired smoke detectors as well as carbon monoxide detectors in every unit. There are professional grade locks for each unit where all you have to do is change the core of the lock and the owner has a master key that opens every unit. Each unit also has a video intercom system that also has a master panel in the basement. The basement contains a coin-operated dryer that costs $2 to operate, another source of income, as well as a washer that is not coin operated but one could be installed very easily. There are also two 10+GGx11+GG storage units that could be rented for more income as well. This is an absolutely incredible property that could make its new owner a lot of money! The owner never pursued it but supposedly there could be other structures built on the land. Please refer to pictures as well as the video and 3d rendering that are attached! The unit is fully rented so please give the owner and tenants ample time before requesting a showing.

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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: 2022-08-08T07:58:22.937.
www.johnkrizateam.com/homes/131329125
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306 S 4TH Street DARBY, PA 19023

  • Price: $449,900
  • Status: Active
  • On Site: 11 Days
  • Updated: 46 min ago
  • ID#: PADE2031176
0
Beds
0
Baths
0
½ Baths
0.3
Acres
3,729
SQFT
$121
$/SQFT
1910
Built
Neighborhood:
Darby Boro (10414)
County:
Delaware
Area:
Darby Boro (10414)
School District:
William Penn
Property Description
Welcome to this absolutely Immaculately maintained multi-family unit on 0.3 acres in a beautiful and quiet cul de sac. Located right next to the Darby train station Newark/ Wilmington line. One stop away is University City, two stops away is 30th Street. This property comprises 4 units. 3 units in the main building: a 3 bed 1 bath on the first level and 2, 2 beds and 1 bath on the second and third level. There is also a cottage on the left side of the property that could be used as a primary residence for the new owner! It is a 1 bed 1 bath with plenty of space and completely detached. The first level rents for $975, the second level rents for $875, and the third level rents for $1,000. The detached cottage rents for $850 currently. All of these units are well under market value for rent in the area. Currently it totals $3,700 in rental income per month and $44,400 a year. Every unit is on its own heating system that has been maintained through the years that the current owner has owned the property. Each unit has radiator heat as well as supplemental baseboard heaters. The only exception is the cottage, which is all electric. All units also have their own circuit box in the unit as well as a master box in the basement for each separate unit. Tenants pay for their own electrical and heat. There are hard-wired smoke detectors as well as carbon monoxide detectors in every unit. There are professional grade locks for each unit where all you have to do is change the core of the lock and the owner has a master key that opens every unit. Each unit also has a video intercom system that also has a master panel in the basement. The basement contains a coin-operated dryer that costs $2 to operate, another source of income, as well as a washer that is not coin operated but one could be installed very easily. There are also two 10+GGx11+GG storage units that could be rented for more income as well. This is an absolutely incredible property that could make its new owner a lot of money! The owner never pursued it but supposedly there could be other structures built on the land. Please refer to pictures as well as the video and 3d rendering that are attached! The unit is fully rented so please give the owner and tenants ample time before requesting a showing.
Exterior Features

Architectural Style Other Construction Materials Stucco Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street 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 3729 Basement Partially Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Ceiling Fan(S)Window Unit(S)Wall Unit Fireplaces Total 2 Heating Hot Water Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 2

Property Features

Accessibility Features 2+ Access Exits Assessment Year 2022 Central Air YN No Cooling Fuel ElectricNatural Gas Existing Lease Type Month To Month Heating Fuel Natural Gas Hot Water ElectricNatural Gas Municipality Darby Boro Navigable Water YN N New Construction YN No Number Of Units Leased 4 Number Of Units Total 1 Original MLSNumber 801768686494 Ownership Interest Fee Simple Possession Immediate Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 7393.00 Tax Assessment Amount 163140.00 Tax Lot 051-000 Total Actual Rent 44400.00 Vacation Rental YN No Water Source Public Zoning Residental

Listing courtesy of Exp Realty, 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: 2022-08-08T07:58:22.937.
 
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402 Bayard Rd. Ste. 100
Kennett Square PA, 19348