425 Main Street
425 Main Street
Closed 4/27/23
Closed 4/27/23
Description
New roof,...Great Investment Opportunity! Welcome to 425 Main St. Darby Pa 19023. This is a completely renovated 4 unit building. The apartment break down is as follows...first floor front is a 1 bedroom 1 bath apartment. First floor rear is a 2 bedroom 1 bath apartment. Both second floor front and rear apartments are 2 bed 1 bath. So there is a total of 3, 2 bed 1 bath apartments and 1, 1 bed 1 bath apartments in the building. Over $150k of renovations went into this amazing rental property, including:
New roof, new windows, electrical upgrades, plumbing upgrades, new flooring throughout, brand new white shaker cabinets with granite countertops and under mount sinks, brand new stainless steel appliances, new bathrooms, with new vanities, tubs & shower surrounds, new doors throughout as well. This property is set up and ready to go for new tenants with all 4 apartments having the same high end finishes, All you have to do is get it occupied and start the cash flow! The owner has minimal expenses, just house electric meters(common area hallways) and water. Attached documents include the architectural drawings for the buildings to get a better idea of the layout, as well as pro forma rent & income statements.
- Listed by Pete Todd-Burke • Property Merchants, LLCP: 4845760312 pete@propertymerchants.com
Property Details for 425 Main Street
Location
Property Details for 425 Main Street
| Status | Closed |
|---|---|
| MLS # | PADE2043754 |
| Days on Market | 4 |
| Taxes | $3,910 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1930 |
| Lot Size | 0.04 AC / 1,742 SF |
| County | Delaware County |
Location
Building Information for 425 Main Street
Payment Calculator
$2,645 per month
30 year fixed, 7.25% Interest
$2,319
$326
$0
Property Information for 425 Main Street
- Transportation: Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Airport less than 10 miles
- School District Name: WILLIAM PENN
- School District County ID: 300200397351
- SchoolDistrictSource: Listing Agent
- County: DELAWARE
- MLS Area: Darby Boro (10414)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Association Recreation Fee Y/N: No
- Tax Year: 2023
- Tax Assessed Value: $86,280
- Year Assessed: 2023
- County Tax: $258
- Improvement Assessed Value: $66,240
- City Town Tax: $1,219
- Land Assessed Value: $20,040
- Clean Green Assessed: No
- Municipal Trash: Yes
- Land Use Code: R-40
- Agricultural Tax Due: No
- Historic: No
- Zoning: R-40 FOUR FAMILY
- Zoning Dscrp: Residential
- Tax Lot: 562-006
- School Tax: $2,431
- Automatically Update Tax Values Y/N: Yes
- Owner Pays: Sewer, Water, Trash Collection, Taxes - Real Estate
- Concessions: Yes
- Concessions Amount: $17,000
- Concession Remarks: 4% Seller Credit
- Single Room Units Count: 0
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 3
- Three Bedroom Units Count: 0
- Other Units: Unit 1,Unit 2,Unit 4,Unit 3
- Units Furnished: None
- Units Leased Count: 0
- Number Of Units Vacant: 4
- Type: Unit 1
- Unit Type Occupied YN: No
- Level: 1
- Unit Type Finished SQFT: 450
- Unit Type Lease Type: None
- Beds Total: 1
- Half Baths Count: 0
- Full Baths Count: 1
- Unit Type Features: Brand new LVT Flooring, new windows, electric upgrades, brand new kitchen and bathroom.
- Total Rooms: 3
- Type: Unit 2
- Unit Type Occupied YN: No
- Level: 1
- Unit Type Finished SQFT: 460
- Unit Type Lease Type: None
- Beds Total: 2
- Half Baths Count: 0
- Full Baths Count: 1
- Unit Type Features: Brand new LVT Flooring, new windows, electric upgrades, brand new kitchen and bathroom.
- Total Rooms: 5
- Type: Unit 3
- Unit Type Occupied YN: No
- Level: 2
- Unit Type Finished SQFT: 540
- Unit Type Lease Type: None
- Beds Total: 2
- Half Baths Count: 0
- Full Baths Count: 1
- Unit Type Features: Brand new LVT Flooring, new windows, electric upgrades, brand new kitchen and bathroom.
- Total Rooms: 4
- Type: Unit 4
- Unit Type Occupied YN: No
- Level: 2
- Unit Type Finished SQFT: 480
- Unit Type Lease Type: None
- Beds Total: 2
- Half Baths Count: 0
- Full Baths Count: 1
- Unit Type Features: Brand new LVT Flooring, new windows, electric upgrades, brand new kitchen and bathroom.
- Total Rooms: 5
- Income Includes: Apartment Rentals
- Existing Lease Type: None
- Year Major Reno Remodel: 2023
- Building Level Count: 2
- Building Units Total: 4
- Total Finished SQFT: 2,200.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 2,200.00
- Total SQFT: 2,200.00
- Total SQFT Source: Assessor
- Construction Materials: Brick
- Roof: Flat, Rubber
- Wall and Ceiling Types: Dry Wall
- Flooring Type: Luxury Vinyl Plank, Hardwood
- Basement Type: Full, Unfinished, Walkout Stairs
- Foundation Details: Stone, Other
- Lot Size Source: Assessor
- Lot Size Dimensions: 18.00 x 90.00
- Lot Dimensions Source: Assessor
- Parcel ID: 432229
- Ground Rent Exists: No
- Type Of Parking: On Street
- Fireplace: No
- Fireplaces Count: 0
- Appliances: Water Heater, Stainless Steel Appliances, Refrigerator, Oven/Range - Electric, Microwave
- Accessibility Features: None
- Security Features: Main Entrance Lock, Fire Detection System
- Door Features: Double Entry
- Window Features: Double Hung, Replacement
- Spa: No
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Utilities: Electric Available
- Heating: Yes
- Cooling Type: None
- Cooling Fuel: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Tri-County Suburban REALTORS
- List Agent URL: www.Propertymerchants.com
Property History for 425 Main Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 425 Main Street
Schools near 425 Main Street
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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Listing Courtesy of Property Merchants, 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.