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$787,500

  • Sold
  • Closed
  • Multi-Family
See This Home
Save This Home
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After almost 26 years of producing solid rental income for the sellers, this Media Quadruplex is ready for a new owner! With 3 outstanding long-term tenants in place, 1 vacant unit, and a detached garage (currently leased to one of the tenants), this building is a great opportunity for any investor. Add it to your investment portfolio and start collecting easy mailbox money OR move into the empty unit and live for free right here in sought-after Media! Rents are currently below market value with projected increases offering the potential to gross approximately 7k a month. Situated only a block from the train station and a few more to downtown Media this location is sure to be a popular with tenants for years to come. Serious buyers only! Please watch the video online for a full walk through before scheduling a showing!! Videos are online, just search the address of the property and you will find it!

Full Property Details for 514 S Orange St

General

  • Sold For: $787,500
  • Taxes: $7,846 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: BrightMLSPhilly
  • MLS ID: PADE2043182
  • Added to Site: 1, 068 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Flooring: Fully Carpeted

Exterior

  • Exterior Features: Sidewalks
  • Porch/Patio/Deck: Porch(es)

Parking

  • Total Spaces: 8
  • Parking Features: Asphalt Driveway, Crushed Stone
  • Parking Type: Driveway, On Street, Parking Lot

Location

  • Area: Upper Providence Twp (10435)
  • Municipality: UPPER PROVIDENCE TWP
  • County: Delaware
  • Development Name: Media
  • Subdivision: Media
  • Cross Streets: Linden Lane
  • Driving Directions: Just head down from State st, on S Orange. Past the train station. PLEASE park in the back. There is plenty of parking there.

School Information

  • School District: Rose Tree Media

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Radiator
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Other
  • Architectural Style: Other
  • Structure Type: Twin/Semi-Detached
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Daylight, Partial
  • Foundation: Stone
  • Stories/Levels: 4
  • Square Feet: 3,860
  • Sq. Ft. Source: Estimated
  • Living Area: 3,860 Sq. Ft.
  • Finished Above Grnd: 2,924 Sq. Ft.
  • Year Built: 1910
  • Year Built Source: Assessor

Unit Information

  • 1 Bedroom Units: 1
  • 2 Bedroom Units: 3

Additional Structures

  • Other Structures: Garage(s)

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,534
  • Lot Size Source: Estimated
  • Lot Dimensions: 37.00 x 200.00
  • Zoning: RES

Financial Considerations

  • Price Per Sq. Ft.: $290.36
  • Operating Expenses: $18,777
  • Assessment Year: 2023
  • School Tax: $5,722
  • City/TownTax: $911
  • City/TownTax Freq: Annually
  • County Tax: $1,211
  • County Tax Freq: Annually
  • Tax w/Assessment: $404,040
  • Tax Amount: $7,846
  • Tax Year: 2023
  • Terms: Standard Sale
  • Owner Pays: Heat, Insurance, Sewer, Taxes - Real Estate, Water, Trash Collection
  • Landlord Pays: Heat, Insurance, Sewer, Taxes - Real Estate, Water, Trash Collection
  • Tax Total Finished Sq. Ft.: 2517

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Tenants' personal property
  • Inclusions: All appliances in as-is condition
  • Lot Number: 003-000

Listed by Matthew Lenza and Valerie Miller
Sold by Cornerstone Realtors, Kathryn Mema

Listing agents

— 514 S Orange St —

  • Matthew Lenza

  • Valerie Miller

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 514 S Orange St

School District:Rose Tree Media School District
NameGradesDistance
Media El School
Front & Monroe Streets, Media, PA 19063
K-50.5 mi
Springton Lake Middle School
1900 North Providence Road, Media, PA 19063
6-82.2 mi
Penncrest High School
134 Barren Road, Media, PA 19063
9-122 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 514 S Orange St

Date
Details
Price
Change
Source
6/23/2023
Sold
$787,500
-7.24%
MLS
4/06/2023
Price Reduced
$849,000
-5.66%
MLS
3/22/2023
Listed
$899,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Matthew Lenza and Valerie Miller
Sold by Cornerstone Realtors, Kathryn Mema

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514 S Orange Street, Media, PA 19063 (MLS# PADE2043182) is a Multi-Family property that was sold at $787,500 on June 23, 2023. Want to learn more about 514 S Orange Street? Do you have questions about finding other Multi-Family real estate for sale in Media? You can browse all Media real estate or contact a Coldwell Banker agent to request more information.