207 Riverview Road

Swarthmore, PA 19081

$500,000
Last Sold Price
6
Beds
3
Baths
1,825 Sq. Ft.
$274 / Sq. Ft.
1,825
Sq. Ft.
$274
per Sq. Ft.

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.
  1. Listed by Douglas S Strickland • Keller Williams Real Estate -Exton
    P: 6107243801 doug@residentialguru.com

Property Details for 207 Riverview Road

Tax ID Number
43-00-01004-00
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Traditional
Waterfront
No
Garage
Yes
Municipality
SWARTHMORE BORO
Total Parking Spaces
4

Location

Listing Courtesy of Keller Williams Real Estate -Exton

Sold By Canaan Realty Investment Group

Add your commute
LISTING UPDATED: 08/28/2022 02:06 PM

Property Details for 207 Riverview Road

StatusClosed
MLS #PADE2007478
Days on Market131
Taxes$10,985 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1935
Lot Size0.32 AC / 13,809 SF
CountyDelaware County

Location

Listing Courtesy of Keller Williams Real Estate -Exton

Sold By Canaan Realty Investment Group

Add your commute

Building Information for 207 Riverview Road

Stories-Residences2Year Built1935Building Size-Lot Size0.32 AC / 13,809 SF

Payment Calculator

$3,644 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,729

Property Taxes

$915

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 207 Riverview Road

Location
Location
  • School District Name: WALLINGFORD-SWARTHMORE
  • School District County ID: 300200396626
  • SchoolDistrictSource: Listing Agent
  • County: DELAWARE
  • MLS Area: Swarthmore Boro (10443)
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: $328,510
  • Year Assessed: 2021
  • County Tax: $985
  • Improvement Assessed Value: $173,480
  • City Town Tax: $1,023
  • Land Assessed Value: $155,030
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: R-10
  • Zoning: R
  • Tax Lot: 374-000
  • School Tax: $8,976
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2
  • Units Furnished: None
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Unit Type Finished SQFT: 1825
  • Unit Type Lease Type: None
  • Beds Total: 4
  • Full Baths Count: 2
Unit 2
  • Type: Unit 2
  • Level: 2
  • Unit Type Finished SQFT: 700
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Expenses
  • Insurance Expense: $1,100
  • Maintenance Expense: $650
Financial Information
  • Gross Income: $57,000
  • Gross Scheduled Income: $57,000
  • Annual Rental Income: $57,000
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,825.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 52.00 x 275.00
  • Lot Dimensions Source: Estimated
  • Parcel ID: 565845
Parking
Parking
  • Type Of Parking: Driveway, Detached Garage
  • Num of Detached Garage Spaces: 2
  • Driveway - # of Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Garage - Front Entry
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: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 207 Riverview Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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Listing Courtesy of Keller Williams Real Estate -Exton

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.