1025-1027 Manor

    COATESVILLE, PA 19320
    • $140,000
    • STATUS: Active
    • ON SITE: 54 days
    • ID#: PACT485228
    UPDATED: 69 min ago
    $140,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,559
      SQFT
    • $55
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Information

    School District:

    Description

    Super investment property, ready to rent, with a strong reliable rental history. side-by side 2 unit property, with newer roof (2011) well pumps (2018) and soil lines (2018) and mostly new windows. Rents were last 950 and 1050 per unit, both under market, with tenants paying all utilities. Properties are over 120 years old each with room length chestnut floor boards many over a foot wide. If you are a flipper - this would be a priceless asset itself. Both units floorplans have been opened for a brighter modern layout. These units are solid as a rock, with little maintenance needed. They have rented well because this is a quiet peaceful setting with large usable grass yards, and the brandywine creek across the street (but set well below grade, these are NOT on the floodplain). This is a terrific investment. Run your numbers and you will find a superior rate of return AT this price and free cash flows over in excess of $ 1,000 per month under any form of financing.

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    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-09-17T13:53:53.917.
    www.thedaileygroup.com/homes/97225797

    1025-1027 Manor COATESVILLE, PA 19320

    • Price: $140,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: PACT485228
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    2,559
    SQFT
    $55
    $/SQFT
    1900
    Built
    Neighborhood:
    Valley Twp (10338)
    County:
    Chester
    Area:
    Valley Twp (10338)
    High School:
    Coatesville Area Senior
    School District:
    Coatesville Area
    Property Description
    Super investment property, ready to rent, with a strong reliable rental history. side-by side 2 unit property, with newer roof (2011) well pumps (2018) and soil lines (2018) and mostly new windows. Rents were last 950 and 1050 per unit, both under market, with tenants paying all utilities. Properties are over 120 years old each with room length chestnut floor boards many over a foot wide. If you are a flipper - this would be a priceless asset itself. Both units floorplans have been opened for a brighter modern layout. These units are solid as a rock, with little maintenance needed. They have rented well because this is a quiet peaceful setting with large usable grass yards, and the brandywine creek across the street (but set well below grade, these are NOT on the floodplain). This is a terrific investment. Run your numbers and you will find a superior rate of return AT this price and free cash flows over in excess of $ 1,000 per month under any form of financing.
    Exterior Features

    Architectural Style Traditional Construction Materials Stucco Garage YN No Other Structures Above GradeBelow Grade Parking Types Off Street Patio And Porch Features Deck(S)Enclosed Pool No Pool Property Condition Average+ Riparian Rights YN No Road Surface Type Paved View Creek/Stream Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 2559 Above Grade Unfinished Area 2559 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplace YN No Fireplaces Total 0 Flooring Hardwood Heating Hot Water & Baseboard - ElectricForced Air Heating YN Yes Inclusions Appliances As Present On Site Interior Features Floor Plan - Open Rooms Total 12 Single Room Units 0 Three Bedroom Units 2 Two Bedroom Units 0

    Property Features

    Acceptable Financing CashConventionalFhaVa Accessibility Features None Assessment Year 2019 Association YN No Central Air YN No Cooling Fuel None Cross Street Rte 82 Electric 100 Amp Service Elevators 0 Gross Income 22800.00 Heating Fuel Oil Historic YN No Hot Water OilElectric Insurance Expense 1200.00 Maintenance Expense 1200.00 Navigable Water YN N Net Operating Income 15891.00 New Construction YN No Number Of Units Total 2 Operating Expense 69.00 Operating Expense Includes Insurance Original MLSNumber 301913487716 Owner Pays Taxes - Real EstateInsurance Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 5009.0 Tax Assessment Amount 109210.0 Tax Lot 0009 + 0010 Total Actual Rent 24000.00 Trash Expense 0.00 Vacation Rental YN No Water Source Well Window Features Replacement Zoning R2

    Listing courtesy of Long & Foster Real Estate, Inc..
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-09-17T13:53:53.917.
     
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