$560,000
$600,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
449-449 SHARON AVE Sharon Hill, PA 19079
5,814 SqFt
Key Details
Sold Price $560,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,814 sqft
Price per Sqft $96
MLS Listing ID PADE528380
Sold Date 04/16/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $6,465
Tax Year 2021
Lot Dimensions 32.00 x 95.00
Property Description
Incredible Value add Opportunity! Well maintained property, with rents that have not been raised in more than 10 years. Listing includes 2 building: 447-449 Sharon Ave is a 7 unit building and 443 Sharon Ave is another apartment with a garage. Six of Eight units are occupied, upgrades have been done throughout the property separate heaters in each unit, new roof, new dishwashers, refinished hardwood floors and separate meters. Walking distance to the Septa train station right into Center City Philly, the airport or Wilmington. Rents are low and over time could be raised 30%. Fully rented at market rent this cash cow will net $60,000 after expenses. Total expenses are less than $1700/mo.
Location
State PA
County Delaware
Area Sharon Hill Boro (10441)
Zoning C-30
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
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
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Southeast Delco
Others
Tax ID 41-00-01952-00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with Dan Deckelbaum • Keller Williams Real Estate - Media
