Sharon Hill, PA 19079,449-449 SHARON AVE
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Sharon Hill, PA 19079,449-449 SHARON AVE
Sharon Hill, PA 19079,449-449 SHARON AVE
Sharon Hill, PA 19079,449-449 SHARON AVE
Sharon Hill, PA 19079,449-449 SHARON AVE

$560,000

Est. payment /mo

$600,000

6.7%
Est.Price: ?

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449-449 SHARON AVE Sharon Hill, PA 19079

5,814 SqFt

SOLD DATE : 04/16/2021

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

Year Built 1900

Annual Tax Amount $6,465

Tax Year 2021

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

Exterior

Garage Spaces 8.0

Water Access N

Roof Type Shingle

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Southeast Delco

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jason M Gizzi • Keller Williams Real Estate - Media
Bought with Dan Deckelbaum • Keller Williams Real Estate - Media

Jason Gareau

Broker

+1(609) 929-4486

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