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Updated almost 8 years ago,

User Stats

1,000
Posts
101
Votes
Shawn Connors
  • Downingtown, PA
101
Votes |
1,000
Posts

Multiple Properties in Delaware and Chester Counties, Pa!!

Shawn Connors
  • Downingtown, PA
Posted

312 Blanchard Rd, Drexel Hill Pa 19026

3 beds, 3 baths, 1404 Sq Ft, Twin Home, Upper Darby Twp

Purchase Price- $75,000
Estimated Rehab- $25,000-$30,000
Estimated ARV- $125,000-$130,000
Estimated Rent- $1150-$1250

Comps:

4106 Garrett Rd, Drexel Hill, PA 19026 3 beds, 2 baths, 1232 sq ft- Sold for $149,999
4018 Redden Rd, Drexel Hill, PA 19026 3 beds, 1 bath, 1152 sq ft- Sold for $131,000
265 Wilde Ave, Drexel Hill, PA 19026 3 beds, 2 baths, 1260 sq ft- Pending at $142,900
3843 Albemarle Ave, Drexel Hill, PA 19026 4 beds, 2.5 baths, 1637 sq ft- Sold for $129,900
3831 Albemarle Ave, Drexel Hill, PA 19026 4 beds, 1.5 baths, 1641 sq ft- Sold for $149,000
4049 Lasher Rd, Drexel Hill, PA 19026 3 beds, 1.5 baths, 1188 sq ft- Pending at $159,999

https://drive.google.com/drive/u/0/folders/0BwMvoe...

________________________________________________________________________________________________________

6 Allen St, Media Pa 19063
3 beds, 1 bath 1080 sq ft, .1 acre lot, Nether Providence Township

Purchase Price- $100,000
Estimated Rehab- $50,000-$80,000 (depending on if you are adding an addition or not)
Estimated ARV- $225,000-$265,000 (Depending on SOW)

Comps:
234 E Lincoln St, Media, PA 19063 4 beds, 2 baths, 1520 sq ft- Sold for $315,000 (Upper Providence Twp)
288 E Jefferson St, Media, PA 19063 3 beds, 1.5 baths, 1145 sq ft- Pending at $315,000 (Media Boro)
433 E Jefferson St, Media, PA 19063 3 beds, 2 baths, 1534 sq ft- Sold for $425,000 (Media Boro)
77 W Rose Valley Rd, Rose Valley, PA 19086 3 beds, 1 bath, 1197 sq ft- Sold for $240,000 (Rose Valley Boro)

https://drive.google.com/drive/folders/0BwMvoepZvU...

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521 Gia Cir, Clifton Heights Pa 19018

Purchase Price- $115,000

    Duplex for sale here! Two 2 br 1 bath units and separate garage rental income
    Currently occupied- 1 of the 2br and garage. Apartment brings in $880, garage brings in $220. Vacant unit should get $880 as well, bringing gross income to just under $24k per year!. Expenses including management $7600 yr
    NET INCOME=$16k per year! Who wants to earn 13% on their money??

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39 E La Crosse Ave, Lansdowne, Pa 19050
4 beds, 2 baths, 2128 sq ft, 2 car garage

Purchase Price- $174,999
Gross Annual Income- $22,440
Total Annual Expenses- $6939
NOI- $15,501
Cap Rate- 8.9%

Move in ready duplex in the heart of Lansdowne Boro. This is a great opportunity for an Owner Occupant or an Investor. Both are 2 beds and 1 bath units that have been completely updated within the past 5 years and are in great shape. First floor is currently occupied with the lease ending in the summer. Tenant is paying $920 per month in rent and is currently responsible for paying their own gas and electric. Since the second floor was owner occupied, it has a larger kitchen and better updated bathroom, so this unit has potential for a higher rental income. Second floor unit is vacant and ready for showings, while the first floor unit needs advanced notice for appointments. Pictures Coming Soon!!
https://drive.google.com/drive/folders/0B8GT9qT98L...
https://drive.google.com/drive/folders/0B8GT9qT98L...
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**Flag Lot for Sale in Wayne, Pa! This lot is located on Upper Gulph Rd in the award winning Tredyffrin School District. Conveniently located near major highways, shopping, recreation and schools. Please verify any requirements for building with Tredyffrin Township, seller makes no warranties This .75 acre parcel has been surveyed but not subdivided. In addition to the flag lot, the entire 1.5 acre parcel may also be for sale for the right offer.
639 Upper Gulph Rd, Wayne, Pa 19087
Purchase Price- $450,000
Lot Size- .75 acre (the whole lot is 1.5 acres)
Lot Type- Flag Lot, Unimproved Ground
Pending and Settled New Construction Sales:


201 Strafford Ave, Wayne, PA 19087- 3 beds, 3.5 baths, 3400 sq ft, 2 car garage, .25 acres Pending at $1,190,000
112 Croton Rd, Wayne, PA 19087- 4 beds, 3.5 baths, 4600 sq ft, 2 car garage, .41 acres. Land sold for $435,000, House sold for $950,000
515-517 Old Eagle School Rd, Wayne, PA 19087- 515 is 4 beds, 2.5 baths, 3025 sq ft, 2 car garage- Pending at $776,900 & 517 is 4 beds, 4.5 baths, 3971 sq ft, 2 car garage- Pending at $830,000. Both properties are on .75 acres of land.
432 School Ln, Wayne, PA 19087- 4 beds, 3.5 baths, 3093 sq ft, 2 car garage, .41 acres- Pending at $899,000. Land was purchased for $365,000
220 Berkeley Rd, Devon, PA 19333- 5 beds, 3.5 baths, 4779 sq ft, 3 car garage, 1 acre- Sold for $1,812,011
217 Vassar Cir, Wayne, PA 19087- 4 beds, 2.5 baths, 3117 sq ft, 2 car garage, .44 acres- Land sold for $230,000- House sold for $770,000
339 Old Lancaster Rd, Devon, PA 19333- 4 beds, 4.5 baths, 3408 sq ft, 2 car garage, .26 acres. Sold for $860,000
441 Berwyn Baptist Rd, Berwyn, PA 19312- 5 beds, 3.5 baths, 3800 sq ft, 3 car garage, .45 acres. Land sold for $392,500- House sold for $1,000,000
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326 Beech St, Pottstown, Pa 19464 - 4 beds, 3 baths, 3282 sq ft
We have a 3282 sq ft triplex for sale in Pottstown, Pa. This property is in need of some TLC but would make for a great cash flowing property when rehabbed. It is located directly across the street from a huge redevelopment project called Beech Street Factory..."The Beech Street Factory combines affordable apartments with a community arts center to rejuvenate a forgotten Pottstown landmark. The proposed $12.5 million redevelopment of the vacant Fecera's Furniture warehouse at 341 Beech Street will turn the empty 60,000 space into 43 apartments, lots of resident amenity space, and the 3,000-square-foot new home of ArtFusion, Pottstown's well-known community art school and gallery."
http://artfusion19464.org/about/beech-st-factory/
Purchase Price- $35,000
Estimated Rehab Cost- $110,000-$120,000
Estimated Rent- Was previously rented at $1800. With improvements it could rent for up to $2500
Recent Multi Unit Sales:


529 King St, Pottstown, PA 19464 (Triplex) Sold for $105,000
384 South St, Pottstown, PA 19464 (4-Unit) Sold for $127,000
70 N Franklin St, Pottstown, PA 19464 (5-Unit) Sold for $112,000
602 E High St, Pottstown, PA 19464 (6- Unit) Sold for $235,000
226 King St, Pottstown, PA 19464 (Triplex) Sold for $140,000
11 W 3rd St, Pottstown, PA 19464 (Duplex) Sold for $122,000
428 King St, Pottstown, PA 19464 (4-Unit) Sold for $120,000
***Cash or Hard Money Preferred***
***Please Perform Your Due Diligence***
https://drive.google.com/drive/folders/0B8GT9qT98L...
Call, Text or Email me for more infotmation ... 267-808-0574 [email protected]

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