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Key Details
Sold Price $99,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1001649157
Sold Date 11/09/17
Style Other
HOA Y/N N
Originating Board TREND
Year Built 1955
Annual Tax Amount $9,397
Tax Year 2017
Lot Size 2,091 Sqft
Acres 0.05
Lot Dimensions 60X80
Property Description
Auction property! Located in Clifton Heights, this multi-unit property is the ultimate investment opportunity. This property contains one first floor commercial space with corner frontage, and two residential apartments on the second and third floors. From the sidewalks, the entrance opens into a street level commercial space once used as an eye doctors office. Once out of the commercial space, a short walk around the property will lead you to the first one bedroom residential unit. Once back outside, access to stairs can be found close by. These stairs will take you to the entrance of the 2 bedroom unit. Renovation is needed, but with a little bit of work, these spaces can demand higher rents. The projected rents for residential units (in present condition) are as follows: $750 for Unit 1 and $825 for Unit 2. The commercial property rent is projected (in present condition) at $900-$1000. The commercial space was last occupied in March. A new roof was installed last year in 2016, and this year the property received all new electric meters. Water and Electric for these residential properties is separate, and utilities for the commercial space include: hot water, heat, and no a/c. This property is to be sold at auction on Saturday, November 18th at 12:00PM by Briggs Auction Inc. Previews begin the morning of the same day. Property is being marketed in partnership with Briggs Auction Inc. An unpublished reserve must be met in order to guarantee a sale. All bidders/brokers must be preregistered with Briggs Auction Inc. $10K certified check or cash deposit required the day of auction. Balance of 10% down within 7 days. 10% buyers premium. 30-45 day settlement. Property being sold "as is" inclusive of contents. Auction is subject to prior sale. Pre-auction offers considered. Owner is licensed real estate agent. Entering this property without appointment is strictly prohibited.
Location
State PA
County Delaware
Area Clifton Heights Boro (10410)
Zoning C1
Rooms
Other Rooms Primary Bedroom
Interior
Interior Features Store/Office
Hot Water Natural Gas
Heating Gas
Cooling Wall Unit
Flooring Wood, Fully Carpeted
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Garage Inside Access, Garage Door Opener, Oversized
Garage Spaces 2.0
Waterfront N
Water Access N
Roof Type Flat,Pitched
Accessibility None
Parking Type On Street, Driveway, Attached Garage, Other
Attached Garage 1
Total Parking Spaces 2
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction N
Schools
High Schools Upper Darby Senior
School District Upper Darby
Others
Tax ID 10-00-00234-00
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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