$600,000
$599,900
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4,625 SqFt
SOLD DATE : 07/09/2024
Key Details
Sold Price $600,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,625 sqft
Price per Sqft $129
MLS Listing ID PADE2068290
Sold Date 07/09/24
Style Colonial
Abv Grd Liv Area 4,625
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $12,209
Tax Year 2023
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 122.5 x 151.00
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.
Location
State PA
County Delaware
Area Collingdale Boro (10411)
Zoning R-30 & R-20
Rooms
Basement Outside Entrance
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Garage - Front Entry
Garage Spaces 10.0
Water Access N
Roof Type Shingle
Accessibility None
Total Parking Spaces 10
Garage Y
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Southeast Delco
Others
Tax ID 11-00-00139-00 & 11-00-00140-00
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Matthew Russo • BHHS Fox & Roach-Media
“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”