Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1740
Sq.Footage
N/A
Nine Unit Apartment Building in the Llanerch Neighborhood of Haverford Township.  Convenient location close to Chatham Park Elementary School, public transportation, Haverford YMCA, Skatium, Pennsy Trail, Grange Playground / Park, Karakung hiking trails, Haverford Township Library, Chatham Glen Park & many other Township Parks that offer: softball and baseball fields, playground equipment, tennis courts, basketball courts, barbecue and nature areas. Numerous Recreation & Park Programs for everyone. Short distance to Brookline Boulevard that offers many many restaurants, shops and local attractions. Easy access to routes 1, 3 & 476 and less than 30 minutes to Center City, Valley Forge, King of Prussia & the Philadelphia International Airport. The Original Building was constructed in 1740, the Center of Building added in 1860 & Rear Addition in 1920.  Situated on a large level 150 x 150 lot with detached two car garage / new roofs on building in June, 2021 / new garage siding, capping & overhead doors July, 2021 9 Units consists of 2 Studios, 5 one bedroom and 2 two bedrooms apartments: 1A - 2 Bedroom $1375 month - about 950 sq ft / 5 rooms 1B -  Studio $ 795 month - about 200 sq ft / 2 rooms 1C - 1 Bedroom - $1050 month - about 700 sq ft / 4 rooms 1D -  Studio - $ 975 month - about 375 sq ft / 3 rooms 2A - 1 Bedroom - $1125 month - about 675 sq ft / 4 rooms 2B - 1 Bedroom - $ 925 month - about 475 sq ft / 4 rooms 2C - 1 Bedroom - $ 965 month - about 500 sq ft / 4 rooms 2D - 1 Bedroom - $1150 month - about 690 sq ft / 4 rooms 3A - 2 Bedroom - $1380 month - about 950 sq ft / 5 rooms All leases are available and can be provided upon request. 1 garage - rented at $120 month 1 garage - owner uses / potential for $120 per month Plus Laundry Income $125 month Total Income: $10,105.00 month / 121,260.00 year Owner Expenses: PECO $320 month / AQUA $179 month / Trash $106 month / Lawn & Snow $160 month / Insurance $443 month / Taxes $843 month / Township rental license $45 month / Maintenance $310 month. Total expenses: $2406.00  month / $28,872.00 year. There are separate electric panels and gas meters for each unit. Heat is common and the heater (gas) was replaced in 2015. Water is common and there are 2 newer gas hot water heaters in 2018 & 2019. There are 9 separate storage areas in basement level for tenants and additional storage for the owner. This attractive  building has been well maintained and family owned for 35 years.  This great income producing and prestigious property is a rare find in today's marketplace and a smart addition any investor's portfolio. This property offers strong cash flow with excellent tenants in place creating a value-add opportunity for a savvy real estate investor.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water
Exterior
-
Garage
No
-
Construction Materials
Stone
-
Parking
On Street, Private
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Front Yard, Level
-
Lot Size(acres)
0.52
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,300,000
-
Tax Amount
10319.0
-
Zoning
3 STORY HOUSE APARTMENTS GARAGE; 150 X 150
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
CHATHAM PARK
-
Middle School
HAVERFORD
-
High School
HAVERFORD SENIOR
Property Features
-
Foundation Details
Stone
-
Sewer
Public Sewer
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Location
County
DELAWARE
Elementary School
CHATHAM PARK
Middle School
HAVERFORD
High School
HAVERFORD SENIOR
Listing Courtesy of John F McAleer , Keller Williams Main Line
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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