Thank you
Branka Saula
Compass Pennsylvania, LLC
610-822-3356
Prime Investment Opportunity in the Heart of Swarthmore ! Welcome to 13-15 South Chester Road, a prestigious 4-unit apartment building with 2 commercial spaces located in the bustling commercial district of Swarthmore. This unique property offers an exceptional investment opportunity with its prime location, potential for additional rental income, and recent upgrades. Each of the four one-bedroom, one-bathroom units offers a desirable layout with functional kitchens, full baths with tubs, ample closet space and wonderful location, providing residents with comfortable and practical living spaces. With stable annual leases for the residential units, this property offers a reliable income stream for investors. Two street-level commercial spaces provide an ideal opportunity for businesses to thrive in a vibrant and high-traffic area. Brooklyn Exotics has a large store front, plus several storage rooms in the back, along with full bath and internal basement access. Pilates Connexion has beautifully set up main space, 2 baths, and external basement access. Please note that commercial spaces have potential to be joined as one large space totaling 3090 sq.ft. Currently, all units are occupied, showcasing the property's attractiveness to long-term tenants. In the bustling downtown area of Swarthmore, where parking can often be a challenge, this property stands out with its offering of private assigned parking for each unit. Residents can enjoy the convenience and peace of mind that comes with having dedicated parking spaces, ensuring easy access and alleviating the typical parking concerns associated with downtown living. There is also potential with unused space on the third floor ( approx 2/3 size of 2nd floor footage) with possible expanding the rental portfolio and increasing revenue. Buyer will have to go thru approval and obtain permits from Township. - New Underground Sewage System ( August 2023): A recent upgrade to the building's infrastructure ensures modern functionality and peace of mind for both residents and commercial tenants. - Detailed income and expense information is available for review, providing transparency and confidence for potential investors. Location is a prime, across from the Swarthmore train station, as well as from prestigious Swarthmore College campus. Contact us today to learn more about this prime property and take the next step towards securing a valuable asset in a thriving community.
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Water Source : Public
Roof : Flat,Pitched
Exterior Property Features : Exterior Lighting,Fire Escape,Sidewalks,Street Lights
Basement Description: Walkout Stairs,Drainage System,Interior Access,Outside Entrance,Rear Entrance,Sump Pump,Unfinished
Flat,Pitched
Cooling: Central A/C,Window Unit(s)
Heating: Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Exterior Features: Exterior Lighting,Fire Escape,Sidewalks,Street Lights
Year Built: 1900
Structure: Detached
New Construction: No
Total Units: 4
Built: 1900
Construction Material: Brick
Security System: Carbon Monoxide Detector(s),Fire Detection System,Main Entrance Lock,Smoke Detector
Roof: Flat,Pitched
Foundation/Basement: Stone
Architecture: Dutch,Traditional
Pool/Private: No Pool
Roof Type: Flat,Pitched
Utilities: Electric Available,Natural Gas Available,Phone Available,Water Available
Pool: No Pool
Sewer: Public Sewer
Water Heat: Natural Gas
Lot Size: 8,000
Dimensions: 50.00 x 160.00
Lot Size (Acres): 0.18
Architectural Style: Dutch,Traditional
Stories Total: 2
Main Square Feet: 8,000
SQ ft: 5,580
SQ ft (Living Area): 5,580
Total Lot SQ ft: 8,000
View: Street
Subdivision: SWARTHMORE
Financing: Cash,Conventional
Appx. Lot Dimensions: 50.00 x 160.00
Total Acreage: 0.18
New Construction: No
Type: Dutch,Traditional
Possession: Immediate
Days Of Market: 42
Annual Tax: $31,447
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Immediate
Taxes Assessment Amount: $840,000
Total Parking Spaces: 6
Parking Space # Assigned: 6
Parking Lot - # of Spaces: 6
Parking Type: Off Street,Parking Lot
Parking Features: Assigned,Paved Parking,Private
Has Garage: N
Acceptable Financing: Cash,Conventional
Roof: Flat,Pitched
Direction: none
School District: WALLINGFORD-SWARTHMORE
Electric Available,Natural Gas Available,Phone Available,Water Available
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Location Type: Downtown
Direction: none
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
801 Yale Avenue #1012, Swarthmore, PA,19081 | $200,000 | 2 | 2.0 | 1,050 | -- |
110 Park Avenue #220, Swarthmore, PA,19081 | $1,250,000 | 2 | 2 | -- | -- |
110 Park Avenue #230, Swarthmore, PA,19081 | $690,000 | 2 | 2.0 | -- | -- |
110 Park Avenue #210, Swarthmore, PA,19081 | $1,375,000 | 2 | 2.0 | -- | -- |
110 Park Avenue #240, Swarthmore, PA,19081 | $925,000 | 2 | 2.0 | -- | -- |
110 Park Avenue #250, Swarthmore, PA,19081 | $875,000 | 2 | 2.0 | -- | -- |
110 Park Avenue #260, Swarthmore, PA,19081 | $1,000,000 | 2 | 2.5 | -- | -- |
110 Park Avenue #270, Swarthmore, PA,19081 | $775,000 | 2 | 2.0 | -- | -- |
110 Park #280, Swarthmore, PA,19081 | $690,000 | 2 | 2.0 | -- | -- |
110 Park #PH6, Swarthmore, PA,19081 | $1,425,000 | 3 | 2.5 | -- | -- |
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ByOwner last updated this listing 04/27/2024 @ 17:22
MLS: PADE2058546
LISTED BY: Branka Saula , Compass Pennsylvania, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.