Brookhaven, PA 19015,1537 RAINER RD
Brookhaven, PA 19015,1537 RAINER RD
Brookhaven, PA 19015,1537 RAINER RD
10
$145,000
$145,000
Est.Price: ?

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4 BD
2 BA
1,298 SqFt

1537 RAINER RD Brookhaven, PA 19015

Est. payment /mo
SOLD DATE : 12/30/2021

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Key Details

Sold Price $145,000

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,298 sqft

Price per Sqft $111

Subdivision Toby Farms

MLS Listing ID PADE2011016

Sold Date 12/30/21

Style Villa

Bedrooms 4

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,298

Originating Board BRIGHT

Year Built 1970

Annual Tax Amount $1,904

Tax Year 2021

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 30.00 x 100.00

Property Description

High cap opportunity for investors or flippers, a (10) ten-unit, value-add portfolio located throughout Delaware County in Brookhaven, Trainer, Woodlyn, Eddystone, and Chester City. All have consistently passed section 8 and township inspections year over year. The turnkey investment portfolio consists of (2) two single family dwellings, (4) four twins and (4) four townhomes that have equity upside as flips or add to your rental portfolio. The average square footage of the units is 1289 square feet. The average rent per unit is $1329/month. The total portfolio rent roll is $13,292/month and current cap rate is 9%. Expenses per property average out to $3703/per property The current average rent rate in this market is $1515/month (Total portfolio: $15, 150/month). There is an excellent opportunity for an investor to increase rents and increase cap rate to 12%-13% based on current rental rates. Properties are being sold as-is. Buyer responsible for U&O. Tenants are responsible for payment of all utilities except sewer. All buyers must be pre-approved before showings.

Location

State PA

County Delaware

Area Chester Twp (10407)

Zoning RES

Rooms

Other Rooms Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen

Basement Partially Finished

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Flooring Wood, Vinyl

Equipment Oven/Range - Gas

Fireplace N

Appliance Oven/Range - Gas

Heat Source Natural Gas

Laundry Basement

Exterior

Fence Chain Link

Water Access N

Roof Type Flat

Street Surface Paved

Accessibility None

Road Frontage Public

Garage N

Building

Story 2

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Villa

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Chester-Upland

Others

Senior Community No

Tax ID 07-00-00601-06

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Ralph Marion Harvey III • ListWithFreedom.com
Bought with Non Member • Non Subscribing Office

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Donnell Taylor

Agent

+1(202) 320-5119

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