306 South 4th Street

Darby, PA 19023

$375,000
Last Sold Price
8
Beds
4
Baths
3,729 Sq. Ft.
$101 / Sq. Ft.
3,729
Sq. Ft.
$101
per Sq. Ft.

Description

Welcome to this absolutely Immaculately maintained multi-family unit on 0.3 acres in a beautiful and quiet cul de sac. Located right next to the Darby train station Newark/ Wilmington line. One stop away is University City, two stops away is 30th Street. This property comprises 4 units. 3 units in the main building: a 3 bed 1 bath on the first level and 2, 2 beds and 1 bath on the second and third level. There is also a cottage on the left side of the property that could be used as a primary residence...Welcome to this absolutely Immaculately maintained multi-family unit on 0.3 acres in a beautiful and quiet cul de sac. Located right next to the Darby train station Newark/ Wilmington line. One stop away is University City, two stops away is 30th Street. This property comprises 4 units. 3 units in the main building: a 3 bed 1 bath on the first level and 2, 2 beds and 1 bath on the second and third level. There is also a cottage on the left side of the property that could be used as a primary residence for the new owner! It is a 1 bed 1 bath with plenty of space and completely detached. The first level rents for $975, the second level rents for $875, and the third level rents for $1,000. The detached cottage rents for $850 currently. All of these units are well under market value for rent in the area. Currently it totals $3,700 in rental income per month and $44,400 a year. Every unit is on its own heating system that has been maintained through the years that the current owner has owned the property. Each unit has radiator heat as well as supplemental baseboard heaters. The only exception is the cottage, which is all electric. All units also have their own circuit box in the unit as well as a master box in the basement for each separate unit. Tenants pay for their own electrical and heat. There are hard-wired smoke detectors as well as carbon monoxide detectors in every unit. There are professional grade locks for each unit where all you have to do is change the core of the lock and the owner has a master key that opens every unit. Each unit also has a video intercom system that also has a master panel in the basement. The basement contains a coin-operated dryer that costs $2 to operate, another source of income, as well as a washer that is not coin operated but one could be installed very easily. There are also two 10’x11’ storage units that could be rented for more income as well. This is an absolutely incredible property that could make its new owner a lot of money! The owner never pursued it but supposedly there could be other structures built on the land. Please refer to pictures as well as the video and 3d rendering that are attached! The unit is fully rented so please give the owner and tenants ample time before requesting a showing. This is a Great chance for a smart investor to get in before Darby gets more expansive with the new luxury lofts coming soon at 901 Quarry ave! Lots and lots of potential with this property with the capacity to raise rents now and in the future!
  1. Listed by Biruk Clancy • EXP Realty, LLC
    P: 2152756307 birukclancy@gmail.com

Property Details for 306 South 4th Street

Tax ID Number
14-00-01090-00
Ownership
Fee Simple
Structure Type
Other
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
08-01-2022
Municipality
DARBY BORO

Location

Listing Courtesy of EXP Realty, LLC

Sold By Realty Mark Cityscape-King of Prussia

Add your commute
LISTING UPDATED: 05/08/2023 04:55 PM

Property Details for 306 South 4th Street

StatusClosed
MLS #PADE2031176
Days on Market86
Taxes$7,393 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1910
Lot Size0.30 AC / 13,068 SF
CountyDelaware County

Location

Listing Courtesy of EXP Realty, LLC

Sold By Realty Mark Cityscape-King of Prussia

Add your commute

Virtual Tour

Building Information for 306 South 4th Street

Stories-Residences4Year Built1910Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

$2,663 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,047

Property Taxes

$616

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 306 South 4th Street

Location
Location
  • School District Name: WILLIAM PENN
  • School District County ID: 300200397351
  • SchoolDistrictSource: Listing Agent
  • County: DELAWARE
  • MLS Area: Darby Boro (10414)
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: $163,140
  • Year Assessed: 2022
  • County Tax: $489
  • Improvement Assessed Value: $133,100
  • City Town Tax: $2,306
  • Land Assessed Value: $30,040
  • Clean Green Assessed: No
  • Land Use Code: R-90
  • Zoning: RESIDENTAL
  • Tax Lot: 051-000
  • School Tax: $4,597
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Leased Count: 4
  • Number Of Units Month To Month: 4
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Month to Month
  • Beds Total: 3
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: Detached cottage
Financial Information
Financial Information
  • Annual Rental Income: $44,400
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,729.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 37.00 x 149.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 431581
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplaces Count: 2
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ceiling Fan(s), Window Unit(s), Wall Unit
  • Cooling Fuel: Electric, Natural Gas
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Electric, Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 306 South 4th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 306 South 4th Street

Taxable ValueLand$30,040Additions$133,100Total$163,140
Tax Record2023$7,475 ($623 / month)
Home Facts
Baths5Total Finished SqFt3,259 SqFtAbove Grade Finished SqFt3,259 SqFtStories3Lot Size13,242 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910CountyDELAWAREAPN14-00-01090-00Fireplace TypeHas Fireplace

Schools near 306 South 4th Street

This home is within William Penn School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Walnut Street El School
PublicK to 6

Penn Wood Middle School
Public7 to 8

Penn Wood High School
Public9 to 12

Aldan Elementary School
PublicK to 6

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC

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.