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Key Details
Sold Price $335,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,952 sqft
Price per Sqft $171
Subdivision Milmont Park
MLS Listing ID PADE2041026
Sold Date 09/06/23
Style Colonial
Abv Grd Liv Area 1,544
Originating Board BRIGHT
Year Built 1954
Annual Tax Amount $5,283
Tax Year 2022
Lot Size 6,970 Sqft
Acres 0.16
Lot Dimensions 55x156
Property Description
Invest in this lucrative duplex in Folsom! Centrally located near I-95, I-476, and Chester Pike, this location has high demand for nearly any renter. Unit 1 on the first floor features 2 spacious bedrooms, a bathroom, a cozy living room, and a fully-equipped kitchen. Downstairs, there's a huge finished bonus room for extra space. Unit 2 on the second floor boasts 1 bedroom, 1 bathroom, a living room, and a kitchen, offering a comfortable living experience. Both units share a convenient laundry room in the basement, as well as additional storage space. Currently rented on a corporate lease to a construction company working on a long-term project, this property generates a monthly rental income of $2,500, with the tenant taking care of all utilities. Lease is expiring 7/31/2023. Don't miss out on this fantastic investment opportunity!
Location
State PA
County Delaware
Area Ridley Twp (10438)
Zoning MULTI FAM/RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Equipment Washer, Dryer, Dishwasher, Refrigerator
Appliance Washer, Dryer, Dishwasher, Refrigerator
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Parking Type Driveway
Total Parking Spaces 8
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Ridley
Others
Tax ID 38-05-00677-00
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Michael Bottaro • Homestarr Realty
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