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400 S 5TH ST Colwyn, PA 19023
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Key Details
Sold Price $999,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Sharon Hill
MLS Listing ID 1002581478
Sold Date 10/01/15
HOA Y/N N
Originating Board TREND
Year Built 1975
Annual Tax Amount $33,991
Tax Year 2015
Lot Size 1.217 Acres
Acres 1.1
Lot Dimensions 246X217
Property Description
23 unit garden apartment complex with parking lot and laundry facility in the Colwyn section of Darby Borough. Neighborhood Info: William Penn School District One block away from Darby Train Station and take Septa regional rail 13 min. to Suburban Station in Center City 12 minute car-ride to Philadelphia International Airport Close proximity to parks, grocery stores, restaurants and bars Average current tenant has renewed annually for past four years. VA and Section 8 approved units. Updated window units for a/c and auxiliary heat. Baseboard boiler heat in all units. Tenants pay gas elec., cable and phone. Current manager lives in building and deal can stay in place or you can manage yourself. Easy to rent, Easy to Manage Net Operating Income $122k/yr
Location
State PA
County Delaware
Area Colwyn Boro (10412)
Zoning COM
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Flooring Wood
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Under Ground, Above Ground
Water Access N
Roof Type Rubber
Road Frontage Private
Garage N
Building
Building Description Other, Compressor,Fire Alarm,Fire Escape,Janitorial Service,Refrigerator(s),Security Lighting,Security System,Shelving,Showers,Sprinkler System
Sewer Public Sewer
Water Public
Structure Type Other
New Construction N
Schools
School District William Penn
Others
Tax ID 12-00-00171-00
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Thomas Groll • The Condo Shop