$403,000
$375,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
2,341 SqFt
SOLD DATE : 06/18/2024
Key Details
Sold Price $403,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,341 sqft
Price per Sqft $172
MLS Listing ID PACT2064654
Sold Date 06/18/24
Style Colonial
Abv Grd Liv Area 2,341
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $3,666
Tax Year 2023
Lot Size 1,386 Sqft
Acres 0.03
Lot Dimensions 0.00 x 0.00
Property Description
Wether you are looking to add to your rental portfolio or purchase a multi family home to live in this Spring City triplex offers lots of possibilities. Here’s a breakdown of the features and potential benefits of this triplex. The main level consists of an updated 1 bedroom apartment in the front and a large efficiency unit in the rear. Unit 1 is conveniently vacant and ready to be rented by the new owner.Projected rent is current condition is $1,200. Unit 2 is leased month to month for $575. Projected rent in the present condition is $1,000. Upstairs on the second and third floor is the owners unit, unit 3. This space consists of high ceilings and large rooms. Living room, dining room, kitchen, full bathroom. The third floor has two bedrooms plus an open loft space great for a home office. Projected month rent in the current condition is $1,500. With strategic improvements rents could higher. The first floor units have electric baseboard heat. The upper levels have a new gas furnace. The basement is accessed from outside and has laundry hookups and a secured storage space. Replacement windows throughout the 1st and 2nd floor. New gas water heater shared by the 3 units. Water, sewer and trash paid by landlord. Tenants pay for electric and heat. (Furnace presently on house meter and laundry presently on upstairs account). Convenient location with easy access to Main Street shops, major routes, the Schuylkill River Trail, Spring-Ford Schools and much more. The owner would like to lease his apartment a few months to find suitable housing. Landlord Expenses: Water $817/yr. Sewer $1,265/yr. Trash $900/yr.
Location
State PA
County Chester
Area Spring City Boro (10314)
Zoning R2
Rooms
Basement Outside Entrance, Partial
Interior
Hot Water Natural Gas
Heating Baseboard - Electric, Forced Air
Cooling None
Flooring Carpet, Vinyl
Fireplace N
Window Features Double Pane,Replacement
Heat Source Natural Gas, Electric
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
Structure Type 9'+ Ceilings
New Construction N
Schools
School District Spring-Ford Area
Others
Tax ID 14-07 -0085
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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Bought with Lisa A Ciccotelli • BHHS Fox & Roach-Haverford
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
14291 Park Meadow Drive Suite 500, Chantilly, VA, 20151