16 N State Rd

Springfield, PA 19064

$675,000
Last Sold Price
8
Beds
4
Baths
4,146 Sq. Ft.
$163 / Sq. Ft.
4,146
Sq. Ft.
$163
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 6/2/22
Closed 6/2/22

Description

Hurry to see this fully occupied quality built brick & stone 4 unit apartment building producing an annual GRI of $62,580 conveniently located in Springfield Township Delaware County. Each of the spacious apartments offers 2 bedrooms, 1 full bath, living room, dining room, updated kitchen including refrigerator, in unit laundry including washer & dryer, wall unit air conditioners, hardwood, carpet & tile flooring. Three bathrooms have been remodeled, one received retro upgrading. Tenants pay for...Hurry to see this fully occupied quality built brick & stone 4 unit apartment building producing an annual GRI of $62,580 conveniently located in Springfield Township Delaware County. Each of the spacious apartments offers 2 bedrooms, 1 full bath, living room, dining room, updated kitchen including refrigerator, in unit laundry including washer & dryer, wall unit air conditioners, hardwood, carpet & tile flooring. Three bathrooms have been remodeled, one received retro upgrading. Tenants pay for all utilities except water and common area electric. All 4 hot water heaters were replaced within the last 1-2 years. New owner receives a 1 year home warranty providing 4 unit coverage. There is reserved resident parking in the rear of the building as well as guest parking spaces. Conveniently located within minutes of shopping, restaurants, Rts 320 & 476, just 30 minutes or so to Philadelphia International Airport, Center City or King Of Prussia. Don't miss this opportunity to add this exceptional building to your rental portfolio or use the owner occupancy option to get on the fast track to real estate wealth building. Take a look then take action!
  1. Listed by David J Stilwell • KW Greater West Chester
    P: (484)-645-4452 david@davidstilwell.com

Property Details for 16 North State Road

Tax ID Number
42-00-06698-02
Ownership
Fee Simple
Structure Type
Detached
Style
Traditional, Dwelling with Rental
Waterfront
No
Garage
No
Municipality
SPRINGFIELD TWP
Central Air
No
LISTING CLOSED: 06/02/2022 12:00 AM

Property Details for 16 North State Road

StatusClosed
MLS #PADE2023958
Days on Market9
Taxes$14,023 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1961
Lot Size0.35 AC / 15,246 SF
CountyDelaware County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of KW Greater West Chester

Sold By RE/MAX Main Line-West Chester

Add your commute

Building Information for 16 North State Road

Stories-Residences4Year Built1961Building Size-Lot Size0.35 AC / 15,246 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,532 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,364

Property Taxes

$1,169

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 16 North State Road

Location
Location
  • School District Name: SPRINGFIELD
  • School District County ID: 300200397362
  • SchoolDistrictSource: Listing Agent
  • County: DELAWARE
  • MLS Area: Springfield Twp (10442)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $529,630
  • Year Assessed: 2022
  • County Tax: $1,588
  • Improvement Assessed Value: $419,180
  • City Town Tax: $1,922
  • Land Assessed Value: $110,450
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: R-40
  • Zoning: R-40
  • Zoning Dscrp: 4 Unit Apt Bldg
  • Tax Lot: 057-000
  • School Tax: $10,512
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Lawn/Shrub Care, Sewer, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Water, Insurance
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Leased Count: 4
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Financial Information
  • Annual Rental Income: $62,580
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 4,146.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 96.00 x 149.47
  • Lot Dimensions Source: Assessor
  • Parcel ID: 563288
Parking
Parking
  • Type Of Parking: Off Street, Parking Lot
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Wall Unit, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS
  • List Agent URL: www.DavidStilwell.com

Property History for 16 North State Road

DateEvent & SourcePriceAppreciation
Jun 2, 2022

Closed (Public Record)

Public Record #1491482275

$675,000

+13.5% / yr

Jun 2, 2022

Closed

BRIGHT #PADE2023958

$675,000—
May 6, 2022

Pending

BRIGHT #PADE2023958

—
DateEvent & SourcePrice
06/02/2022

Closed (Public Record)

Public Record #1491482275

$675,000

+13.5% / yr

06/02/2022

Closed

BRIGHT #PADE2023958

$675,000
05/06/2022

Pending

BRIGHT #PADE2023958

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 16 North State Road

Taxable ValueLand$110,450Additions$419,180Total$529,630
Tax Record2026$15,874 ($1,323 / month)
Home Facts
Baths4Total Finished SqFt4,146 SqFtAbove Grade Finished SqFt4,146 SqFtStories2Lot Size15,072 SqFtStyleQuadraplexYear Built1961CountyDELAWAREAPN42-00-06698-02

Schools near 16 North State Road

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Springfield Literacy Center
Public - K to 1
Richardson Middle School
Public - 6 to 8
Springfield High School
Public - 9 to 12
Scenic Hills El School
Public - 2 to 5
Rating
School
Distance
Springfield Literacy Center
PublicK to 1

Richardson Middle School
Public6 to 8

Springfield High School
Public9 to 12

Scenic Hills El School
Public2 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Nearby off-market homes

AddressSold priceBedsBathsSqftLot AC
24 North State Road, Springfield, PA 19064
$625
–
–
–
0
8 North State Road, Springfield, PA 19064
–
–
4
4,146
0.41
720 Parker Lane, Springfield, PA 19064
$295,000
3
1,834
0.29
724 Parker Lane, Springfield, PA 19064
$421,500
4
2,082
0.31
38 North State Road, Springfield, PA 19064
$291,000
4
2,182
0.3

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Greater West Chester

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.