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730 14th Avenue, Prospect Park, PA 19076
$295,000
730 14th Avenue, Prospect Park, PA 19076View this property at 730 14th Avenue, Prospect Park, PA 19076
730 14th AvenueProspect ParkPA19076
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Property Description
Attention seasoned investors and first-time owner occupants! Shade trees and a large front porch welcome you to this meticulously maintained 4-unit dwelling, with garage and off-street parking for four. This quiet and desirable neighborhood is walking distance to parks, convenience stores, a library and the train to Center City. Tenants and guests can enter through a shared lobby, or through back-door entrances from the off-street parking area. First floor Unit 1 is a bright and sunny space with living room, dining room, full kitchen, 2 bedrooms, bath, central air conditioning, plentiful windows, and wall-to-wall carpeting. It would be ideal for an owner occupant. Currently vacant, it was last rented for $925 month. The second floor landing provides access to Units 2, 3 and 4, each are one bedroom/studio units with long term tenants who consistently pay on time. Income from the 3 occupied units and the garage is $2050 a month. The four units and garage have updated electrical service and are metered individually. Heating for units 2, 3 and 4 is electric baseboard heat. Owner pays for tenant water and common area electric. Tenants have access to the basement which offers storage and coin-operated laundry, which generates another $300-400 income annually. Gross annual income for the property is $35,700 (including laundry), or $24,600 annually without Unit 1 and laundry income. An owner occupant borrower can count 75% of this amount as income when applying for a home loan. The monthly income will be paying most if not all of your mortgage. When fully occupied, this property is an excellent investment. As a landlord myself, I can tell you that multi-family dwellings with sound mechanical systems, separate utilities, on site laundry and off street parking in a great location are hard to come by. So make your appointment today before this opportunity is gone.
Full Property Details
Full Property Details for 730 14th Ave
General
- Sold For: $295,000
- Taxes: $6,103 (2018)
- Status: Closed
- Type: Multi-Family
- MLS ID: PADE437934
- Added to Site: 1, 879 day(s) ago
Parking
- Total Spaces: 5
- Parking Type: Driveway, Off Street, Parking Lot
- Other Parking Total: 5
Location
- Area: Prospect Park Boro (10433)
- County: Delaware
School Information
- School District: Interboro
Heating & Cooling
- Central air: Yes
- Cooling Type: Window Unit(s), Central A/C
- Cooling Fuel: Electric, Natural Gas
- Heating Type: Baseboard - Electric, Forced Air
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Structure Type: Detached
- Construction: Frame, Masonry
- Basement: Yes
- Basement Desc.: Full, Walkout Level
- Stories/Levels: 0
- Square Feet: 2,546
- Sq. Ft. Source: Assessor
- Living Area: 2,546 Sq. Ft.
- Finished Above Grnd: 2,546 Sq. Ft.
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
- 1 Bedroom Units: 3
- 2 Bedroom Units: 1
Unit 1
- Unit Description: Unit 1
- Bedrooms: 2
Unit 2
- Unit Description: Unit 2
- Bedrooms: 1
Unit 3
- Unit Description: Unit 3
- Bedrooms: 1
Unit 4
- Unit Description: Unit 4
- Bedrooms: 1
Unit 5
- Unit Description: Unit 5
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,189
- Lot Size Source: Assessor
- Lot Dimensions: 55.00 x 150.00
- Zoning: RESID
Financial Considerations
- Price Per Sq. Ft.: $115.87
- Assessment Year: 2018
- School Tax: $4,327
- City/TownTax: $1,122
- City/TownTax Freq: Annually
- County Tax: $654
- County Tax Freq: Annually
- Tax w/Assessment: $116,630
- Tax Amount: $6,103
- Tax Year: 2018
- Terms: Standard Sale
- Owner Pays: Sewer, Water
- Landlord Pays: Sewer, Water
- Tax Total Finished Sq. Ft.: 2546
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 566-000
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Schools
Schools serving 730 14th Ave
School District:Interboro School District
Rating | Name | Grades | Distance |
---|---|---|---|
901 Pennsylvania Ave, Prospect Park, PA 19076 | 1-8 | 0.3 mi | |
500 16th Ave, Prospect Park, PA 19076 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 730 14th Ave
Date
Details
Price
Change
Source
4/29/2019
Sold
$295,000
—
MLS
3/05/2019
Listed
$295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
730 14th Avenue, Prospect Park, PA 19076 (MLS# PADE437934) is a Multi-Family property that was sold at $295,000 on April 29, 2019. This property was listed by Anne Hanson from our Media Office.Want to learn more about 730 14th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Prospect Park? You can browse all Prospect Park real estate or contact a Coldwell Banker agent to request more information.