672 Colwell Rd

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great rental property available. There are 3 two BR units and 2 efficiency units. The rents for the 2 BR units are: $945, $1000, $825. The rents for the efficiency units were $850 and $600. Current tenants are looking to stay. Rents are below market so there is opportunity to increase the rents as the leases terminate. Property has been maintained. Owner is selling "as is".Great rental property available. There are 3 two BR units and 2 efficiency units. The rents for the 2 BR units are: $945, $1000, $825. The rents for the efficiency units were $850 and $600. Current tenants are looking to stay. Rents are below market so there is opportunity to increase the rents as the leases terminate. Property has been maintained. Owner is selling "as is".
  1. Listed by Edward L Cole Jr. • Springer Realty Group
    P: (610)-416-6753 edward.cole@edwardcole.realtor

Property Details for 672 Colwell Road

Tax ID Number
38-02-00387-00
Ownership
Fee Simple
HOA
No
Structure Type
Detached
Style
Traditional
Waterfront
No
Views
Street
Garage
No
LISTING CLOSED: 12/31/2021 12:00 AM

Property Details for 672 Colwell Road

StatusClosed
MLS #PADE2003616
Days on Market60
Taxes$8,601 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1953
Lot Size0.00 AC / 0 SF
CountyDelaware County

Location

Listing Courtesy of Springer Realty Group

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Building Information for 672 Colwell Road

Stories-Residences4Year Built1953Building Size-Lot Size0.00 AC / 0 SF

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Principal and Interest

$1,993

Property Taxes

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HOA Dues

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Property Information for 672 Colwell Road

Location
Location
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile
  • School District Name: RIDLEY
  • School District County ID: 300200397359
  • SchoolDistrictSource: Listing Agent
  • County: DELAWARE
  • MLS Area: Ridley Twp (10438)
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: $267,550
  • Year Assessed: 2021
  • County Tax: $802
  • Improvement Assessed Value: $172,280
  • City Town Tax: $1,462
  • Land Assessed Value: $95,270
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: A-50
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: APTS
  • Tax Lot: 517-000
  • School Tax: $6,337
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Water, Trash Collection, Sewer
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 2
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 3
  • Number Of Units Vacant: 2
  • Number Of Units Month To Month: 3
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense: $1,377
  • Insurance Expense: $1,600
  • Pest Control Expense: $133
  • Maintenance Expense: $7,340
  • Water Avg Month: $115
  • Water Prev 12 Months: $1,377
  • Furniture Replacement Expense: $0
Financial Information
  • Gross Income: $40,740
  • Gross Scheduled Income: $40,740
  • Net Operating Income: $33,399
  • Annual Rental Income: $40,740
  • Income Includes: Apartment Rentals
  • Cap Rate: 7.02
  • Existing Lease Type: Net, Month to Month
Building Info
Building Info
  • Building Level Count: 2
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 83.00 x 114.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Level
  • Road Responsibility: Boro/Township
  • Location Type: Suburban
  • Parcel ID: 542978
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway, On Street
  • Driveway - # of Spaces: 4
  • Parking Features: Concrete Driveway
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
  • Appliances: Refrigerator
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Above Ground
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 100 Amp Service
Confidential Data
Listing Office

Property History for 672 Colwell Road

DateEvent & SourcePriceAppreciation
Dec 31, 2021

Closed (Public Record)

Public Record #1481066335

$400,000
Dec 31, 2021

Closed

BRIGHT #PADE2003616

$400,000
Oct 30, 2021

Pending

BRIGHT #PADE2003616

DateEvent & SourcePrice
12/31/2021

Closed (Public Record)

Public Record #1481066335

$400,000
12/31/2021

Closed

BRIGHT #PADE2003616

$400,000
10/30/2021

Pending

BRIGHT #PADE2003616

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

Public Records for 672 Colwell Road

Taxable ValueLand$95,270Additions$172,280Total$267,550
Tax Record2026$10,383 ($865 / month)
Home Facts
Total Finished SqFt3,816 SqFtAbove Grade Finished SqFt3,816 SqFtStories2Lot Size9,462 SqFtStyleMulti-Family Res (5+ Units)Year Built1940CountyDELAWAREAPN38-02-00387-00

Schools near 672 Colwell Road

This home is within Ridley School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 12
Rating
School
Distance
Grace Park El School
PublicK to 5

Ridley Middle School
Public6 to 8

Ridley High School
Public9 to 12

Woodlyn Christian School
PrivatePK to 12

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.

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Listing Courtesy of Springer Realty Group

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.