432 East Baltimore Avenue
432 East Baltimore Avenue
$999,900
—
4,800
4,800
$208
Closed 7/19/21
Virtual Tour
Description
Outstanding Cash Flow Positive, 4 year New, Quadplex featuring 2 Mixed Use Professional/Retail units and 2 Residential 2 story Rentals in the heart of Media PA with rare private parking lot. This great HBO (Highway Business Office) zoned property features Two Professional/Retail Office Suites with Main Office/Storefront, Bathroom, Extra very large Office/Exam/Storage/Production Room and Kitchenette area . Both Suites are level, ground floor accessible, from large private parking lot. Suites feature...Outstanding Cash Flow Positive, 4 year New, Quadplex featuring 2 Mixed Use Professional/Retail units and 2 Residential 2 story Rentals in the heart of Media PA with rare private parking lot. This great HBO (Highway Business Office) zoned property features Two Professional/Retail Office Suites with Main Office/Storefront, Bathroom, Extra very large Office/Exam/Storage/Production Room and Kitchenette area . Both Suites are level, ground floor accessible, from large private parking lot. Suites feature tons of windows and French Balcony doors. Tremendous traffic count both pedestrian and vehicle. This incredible building also includes Two Residential Rental Units. Both units are 2 story, 2 bedroom, 2 full bath with private entrances as well as tons of closet space, laundry closets with full size appliances. The residential units feature granite countertops, custom premier wood cabinetry, all stainless appliances, granite breakfast bar, ceramic tile flooring, ceiling fans, central air. All units feature an abundance of overhead hi-hat lighting. Hardwired smoke detectors. Entire building was brand new build in 2018. This is one of the biggest, newest, nicest, commercial and apartment building combinations that you will find in Media without having to build a brand new one yourself. Walkability score is off the charts as Wawa is directly across the street as well as other amenities abounding in every direction. Building is easy accessible on foot or by car. Public transportation is one block walk which is perfect for tenants as well as office professionals and their clients. All units are move-in, Turn Key ready condition ready and waiting for installation of tenants of their choice by the new investor owner. Most recent rents have been $1,850 a month for the residential units and $2,800 a month for the Suites. The two suites consist of main office/retail area of 19 x 24, second room of 10 x 15, Bathroom of 7x7. Professional spaces and bath are accessible compliant from parking lot through office and bath and feature Kitchenette sink area. Abundant street and sidewalk traffic and maximum visibility. Lots of windows plus french balcony doors. 2 story Residential units feature 1st level with 29x17 living/dining/Kitchen area, full bath with tub, 12x12 bedroom, full walk in closet, hall closet, laundry closet with full size washer & dryer. 2nd level features 19x26 master suite with full shower bath, walk in closet. Both residential feature Tons of windows plus french balcony doors for air and lighting, Enter the 6 + car private rear parking lot with access from Worrell St off of Vernon . Parking lot has dedicated accessible spot closest to building. Enter the building from rear parking lot which provides seamless and level accessibility from parking into the ground floor professional/commercial suites including all rooms and bathrooms in those suite. Also access commercial/professional suites from directly from steps from sidewalk on Baltimore Ave. Residential units are accessed from rear lot as well. HBO zone allows many uses and the detailed list is attached to listing along with pro forma. Do not miss your chance on this fantastic opportunity! Being only 4 years old operating costs and maintenance are very low . Cap rate is generous at 7% at the list price. Great income producing and prestigious property. Location is key with trolley service to city one block away, Routes 1 and 476 less than 2 minutes drive. Rare opportunity for a almost brand new income producing property in heart of Media, the county seat of Delaware County. All units are move-in, have separate utilities and central air and are in complete clean and Turn Key ready condition ready and waiting for installation of tenants by the new investor owner.
- Listed by Michael P Gennett • Keller Williams Real Estate - MediaP: 6105806365 michaelpgennett@gmail.com
Property Details for 432 East Baltimore Avenue
Tax ID Number
26-00-00015-00
OwnershipFee Simple
HOANo
Structure TypeDetached
StyleColonial
WaterfrontNo
GarageNo
SubdivisionMEDIA
Location
LISTING UPDATED: 08/25/2022 08:19 AM
Property Details for 432 East Baltimore Avenue
Status | Closed |
---|---|
MLS # | PADE542360 |
Days on Market | 106 |
Taxes | $17,563 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 2018 |
Lot Size | 0.14 AC / 6,050 SF |
County | Delaware County |
Location
Virtual Tour
Building Information for 432 East Baltimore Avenue
Stories-Residences4Year Built2018Building Size-Lot Size0.14 AC / 6,050 SF
Payment Calculator
$6,920 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 432 East Baltimore Avenue
Property History for 432 East Baltimore Avenue
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 432 East Baltimore Avenue
Taxable ValueLand$90,930Additions$636,997Total$727,927
Tax Record2023$14,153 ($1,179 / month)
Home Facts
Beds8Total Finished SqFt4,142 SqFtAbove Grade Finished SqFt4,142 SqFtStories2Lot Size5,981 SqFtStyleSingle Family ResidenceYear Built2018CountyDELAWAREAPN26-00-00015-00
Schools near 432 East Baltimore Avenue
This home is within Rose Tree Media School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
Media El School PublicK to 5 | ||
Springton Lake Middle School Public6 to 8 | ||
Penncrest High School Public9 to 12 | ||
Nativity Bvm School PrivatePK to 8 |
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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.