207 Riverview Road
207 Riverview Road
$500,000
6
3
1,825
1,825
$274
Closed 2/25/22
Description
9% Cap rate on this 2 unit property in Swarthmore. Buy for cash flow today. This unique property offers a 4 bedroom 2 bathroom home with a detached oversized garage with storage and a 2 bedroom one bath apartment above. Step through the front door to the cozy living room with gorgeous hardwoods, and dual archways leading to the dining room. Hardwoods continue through the dining room and into the newly remodeled kitchen which features granite countertops, stainless steel appliances including a gas...9% Cap rate on this 2 unit property in Swarthmore. Buy for cash flow today. This unique property offers a 4 bedroom 2 bathroom home with a detached oversized garage with storage and a 2 bedroom one bath apartment above. Step through the front door to the cozy living room with gorgeous hardwoods, and dual archways leading to the dining room. Hardwoods continue through the dining room and into the newly remodeled kitchen which features granite countertops, stainless steel appliances including a gas range, and new white cabinets. Behind the kitchen is the spacious sunroom with dual ceiling fans and new flooring as well as a newly renovated full bathroom, and access to the side deck. On the second floor you will find the main and second bedroom both with hardwood floors, ceiling fans, and beautiful views of the front and back yards respectfully. Another full bathroom completes the second floor. On the third floor are two additional bedrooms. At the rear of the yard sits the detached two car garage with two bedroom apartment above. Before entering the completely updated turn key apartment, stairs lead to a new, expansive, and maintenance free deck with a wooded view. 2 Bedroom apartment and garages are rented for 1950 per month and the house is rented for 2800 per month. 4,750 per month in total rental income per month, low expenses and a 9% cap rate.
- Listed by Douglas S Strickland • Keller Williams Real Estate -ExtonP: 6107243801 doug@residentialguru.com
Property Details for 207 Riverview Road
Tax ID Number
43-00-01004-00
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleTraditional
WaterfrontNo
GarageYes
MunicipalitySWARTHMORE BORO
Total Parking Spaces4
Location
LISTING UPDATED: 08/28/2022 02:06 PM
Property Details for 207 Riverview Road
Status | Closed |
---|---|
MLS # | PADE2007478 |
Days on Market | 131 |
Taxes | $10,985 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1935 |
Lot Size | 0.32 AC / 13,809 SF |
County | Delaware County |
Location
Building Information for 207 Riverview Road
Stories-Residences2Year Built1935Building Size-Lot Size0.32 AC / 13,809 SF
Payment Calculator
$3,644 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 207 Riverview Road
Property History for 207 Riverview Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 207 Riverview Road
Taxable ValueLand$155,030Additions$173,480Total$328,510
Tax Record2023$18,249 ($1,521 / month)
Home Facts
Beds4Baths2.5Total Finished SqFt1,571 SqFtAbove Grade Finished SqFt1,571 SqFtStories2Lot Size13,800 SqFtStyleSingle Family ResidenceYear Built1935CountyDELAWAREAPN43-00-01004-00
Schools near 207 Riverview Road
This home is within Wallingford-Swarthmore School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Swarthmore-Rutledge School PublicK to 5 | ||
Strath Haven Middle School Public6 to 8 | ||
Strath Haven High School Public9 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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