Property Attributes
- MLS#PADE2068290
- TypePending
- CountyDELAWARE
- CityDarby
- AreaCollingdale Boro
- Zip19023
- StyleColonial
- Year Built1920
- Taxes$ 12209
- Price$ 599,900
- Bedrooms9
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.24 Acres
Data Source:
Bright MLS
Property Description
Welcome to 1001-1003 Bartram Ave, Collingdale where prime investment meets unbeatable potential! This 10-unit rental property is your gateway to solid returns and endless opportunities in the booming real estate market. Nestled in the heart of Collingdale, this property boasts a diverse range of units, including spacious 1, 2, and 3-bedroom layouts, catering to various tenant needs and preferences. With 5 rental garages adding additional income streams, it's a savvy investor's dream come true. Priced at just $599,900, this property offers an exceptional CAP rate of 10%, ensuring a steady flow of income that outperforms many other investment options. Whether you're a seasoned investor looking to expand your portfolio or a newcomer eager to break into the real estate game, 1001-1003 Bartram Ave presents a rare opportunity to secure long-term financial success. Beyond its impressive financials, this property boasts a strategic location that promises high tenant demand and strong rental yields for years. Collingdale's thriving community, coupled with its proximity to amenities, transportation, and major employment hubs, ensures a consistently high occupancy rate and maximum ROI potential.
Price History | |
---|---|
5/31/2024 | Listed $599,900 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Hot Water |
Cooling | None |
Possession | Negotiable |
Roof | Shingle |
Exterior Features | Sidewalks,Street Lights |
Zoning | R-30 & R-20 |
Garage Spaces | 4.00 |
Architectural Style | Colonial |
Construction Materials | Brick |
School District | SOUTHEAST DELCO |
Exclusions | Tenant Personal Belongings |
Year Built | 1920 |
Property SubType | Other |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | None |
Accessibility | None |
County | DELAWARE |
New Construction | No |
Property Type | Multi-Family |
Garage Y/N | Yes |
Water Access Y/N | No |
Other Structures | Above Grade,Below Grade |
Status | PENDING |
Directions | Use GPS |
ModificationTimestamp | 2024-06-08T14:36:21 |
City | DARBY |
Buyer Agent Compensation | 2.5 |
NumberOfUnitsTotal | 4 |
MLS Area | Collingdale Boro (10411) |
Lot Size Units | Square Feet |
Lot Size Square Feet | 10454.00 |
Tax Assessed Value | 155530.0 |
Waterfront Y/N | No |
Number of Units Leased | 5 |
Tax Annual Amount | 12209.0 |
Two Bedroom | 2 |
Structure Type | Twin/Semi-Detached |
One Bedroom Units Count | 2 |
Other Units | Unit 1,Unit 2,Unit 4,Unit 5,Unit 3 |
Price Per Sq Ft Total AG | 129.71 |
Vacation Rental Y/N | No |
Total SQFT | 4625 |
Days on Market | 9 |
Lease Type | Month to Month |
Standard Status | Pending |
Year Built Source | Assessor |
Tax Lot | 629-000 |
Total Actual Rent | 83700.00 |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Basement | Outside Entrance |
Hot Water | Natural Gas |
Total Stories | 2 |
Basement (Y/N) | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Central Air Y/N | No |
LivingAreaSource | Estimated |
Three Bedroom Units Count | 1 |
Exterior Features
Pool | No Pool |
---|---|
Water Source | Public |
Total Parking Spaces | 10 |
Garage Features | Garage - Front Entry |
Type of Parking | Detached Garage,Driveway |
Land Use Code | R-30 |
Foundation Details | Stone |
Water View Y/N | No |
Lot Dimensions | 122.5 x 151.00 |
Lot Size Acres | 0.24 |
Lot Size Source | Estimated |
Land Assessed Value | 27080.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
# of Detached Garage Spaces | 4 |
LotDimensionsSource | Estimated |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool