Rutledge, PA 19070,2 LINDEN AVE
Rutledge, PA 19070,2 LINDEN AVE
Rutledge, PA 19070,2 LINDEN AVE
$604,000
Est. payment /mo
$675,000
10.5%
Est.Price: ?

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3,650 SqFt
SOLD DATE : 06/17/2022

Key Details

Sold Price $604,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,650 sqft

Price per Sqft $165

MLS Listing ID PADE2022168

Sold Date 06/17/22

Originating Board BRIGHT

Year Built 1923

Annual Tax Amount $15,772

Tax Year 2021

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 53.00 x 134.00

Property Description

Great Investment Opportunity for Rare 5 Unit in Award Winning Wallingford-Swarthmore School District. Great long term tenant base occupies 4 out of the 5 units. One unit, apartment 2F, is available for showing at your convenience. This unit has been recently updated and prime for a new renter. All 4 other units have great tenants that wish to stay. There is opportunity for new owner to increase rents as all rents are under current market value. All 5 apartments have their own electric, gas and water meters. The first floor apartment and both second floor apartments have owner provided heat included in rent. The third floor apartments have gas forced air and a/c for their own units. Great corner property with recently coated and striped private parking lot, has 8 spots for tenants of this building. See rent roll and financials for your due diligence. This property was recently appraised at $730,000.00, so the offering price has plenty of room for the new owner to have piece of mind. This is a must see if you are a serious investor wanting to add a building to your portfolio in a great school district.

Location

State PA

County Delaware

Area Rutledge Boro (10440)

Zoning R-40

Interior

Hot Water Electric, Natural Gas

Heating Hot Water, Radiator, Zoned, Forced Air

Cooling Central A/C, Window Unit(s)

Flooring Carpet, Hardwood, Laminated, Vinyl, Ceramic Tile

Heat Source Natural Gas, Oil

Exterior

Garage Spaces 8.0

Waterfront N

Water Access N

Roof Type Shingle

Accessibility None

Parking Type Parking Lot

Total Parking Spaces 8

Garage N

Building

Lot Description Corner

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Strath Haven

School District Wallingford-Swarthmore

Others

Tax ID 40-00-00001-00

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Pete Todd-Burke • Property Merchants, LLC
Bought with Non Member • Non Subscribing Office

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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