For more information or a personal tour call John & Mary now at 302-740-5872

Listing IDPADE2016374
Sold For$330,000
SqFt 3,000
Acres 0.040
StatusCLOSED
CountyDelaware
Year Built1950
Property TypeCommercial Sale
Property Sub TypeMixed Use
If you are looking for a solid real estate investment, your search is over!!!!! 234 LONG LN is the property!!!! Difficult to find property like this in a very convenient location near 69th street subway station, bus line, shopping, businesses, school nearby!!!Recently Renovated 2nd FLOOR 1200SF 3 BED APARTMENT ready for new owner to move in or rent for 1500/M. Three other units currently rented!!!!! TOTAL 4 UNITS with 3600 monthly rent!!!I 234 LONG LN is 3 story mixed use property in Upper Darby Township!!! Upper Darby School District!!! Walking distance to 69th street subway station!!!!!!!!PROPERTY DETAILS:::: 3 story Semi detached BRICK building . 3rd floor and 2nd floor apartments , 1st floor front and back two offices/rental units . Guaranteed income. All updated units . 1st flr FRONT- Church with 1 powder rooms, rent 600/M . 1st floor BACK - Office with powder room and 1 car parking , rent 700/M . 2nd flr recently renovated 3 bed room apartment, with Living room and EIK kitchen , Freshly painted, new vinyl floor. 4 pieces bathroom. Projected Monthly rent $1500/month. 3rd flr: 1 bed room, 1 bath, LR, kitchen.. bath, Rent $800/month. 3 Separate electric meters. Total Monthly Rental Income=600+700+1500+800=3600H. CAP RATE 9.75!!!!!Tenants Pays own electric. Owner pays water (Avg. 75/M) and Gas for heating. Last 12 months total PECO gas bill 1739$ ( AVG. 144/M). Excellent investment opportunity or stay in one and collect rent from other three others to pay mortgage. Most of the updates done last few years. Nothing to do. Come take a look. Will not last!!!!!!!
Listing courtesy of Long & Foster Real Estate, Inc.

© 2024 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Long & Foster Real Estate, Inc.. Data last updated on Thursday, March 28th, 2024 01:06:32 PM.

Contact - Listing ID PADE2016374

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John Luca

88 Lantana Dr.
Hockessin, DE 19707
Phone: 3029996966
Phone Alt: 3027405872

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Contact Information

Photo of John Luca Team Real Estate
John Luca Team
Berkshire Hathaway HomeServices Fox & Roach Realtors
88 Lantana Dr.
Hockessin DE 19707
Direct: 302-999-6966
Broker: 302-999-9999
Fax: Cell: 302-740-5872
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