$600,000
$599,900
For more information regarding the value of a property, please contact us for a free consultation.
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Matthew Russo • BHHS Fox & Roach-Media
Specializing in buyer, seller, tenant, and investor clients. We sell heart, hustle, and a whole lot of homes.
Nettles and Co. is a Philadelphia-based boutique real estate team led by Brittany Nettles. Our mission is to create community by building authentic relationships and making one of the most stressful and intimidating transactions equal parts fun, comfortable, and accessible.