500 Sylvan Avenue

Glenolden, PA 19036

$475,000
Last Sold Price
8
Beds
4
Baths
2,228 Sq. Ft.
$213 / Sq. Ft.
2,228
Sq. Ft.
$213
per Sq. Ft.

Description

The numbers just make sense! This quadplex is almost a 10 cap and cash flows! Take on this investment property, continue to make small updates and increase the rents and value of this quad. There are two 1 bedroom units, a 2 bedroom, and a 4 bedroom-all of them are occupied and all of them pay rent. There is also a garage and space to park! There is a great opportunity to increase the cash flow, and make adjustments where you see fit. Please make sure you provide your agent with a pre-approval/proof...The numbers just make sense! This quadplex is almost a 10 cap and cash flows! Take on this investment property, continue to make small updates and increase the rents and value of this quad. There are two 1 bedroom units, a 2 bedroom, and a 4 bedroom-all of them are occupied and all of them pay rent. There is also a garage and space to park! There is a great opportunity to increase the cash flow, and make adjustments where you see fit. Please make sure you provide your agent with a pre-approval/proof of funds in order to view this property.
1-4 bedroom
2-1 bedroom
1- 2 bedroom

Listing Agent

  1. Erin Bishop

    Erin Bishop

    Listing Agent

    Compass

Property Details for 500 Sylvan Avenue

Tax ID Number
21-00-02056-00
Ownership
Fee Simple
HOA
No
Structure Type
Detached
Style
Other
Waterfront
No
Garage
Yes
Municipality
GLENOLDEN BORO

Location

Sold By Realty Mark Cityscape-King of Prussia

Add your commute
LISTING UPDATED: 09/05/2022 06:49 AM

Property Details for 500 Sylvan Avenue

StatusClosed
MLS #PADE2015982
Days on Market20
Taxes$6,710 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1930
Lot Size0.11 AC / 4,835 SF
CountyDelaware County

Location

Sold By Realty Mark Cityscape-King of Prussia

Add your commute

Building Information for 500 Sylvan Avenue

Stories-Residences1Year Built1930Building Size-Lot Size0.11 AC / 4,835 SF

Payment Calculator

$3,151 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,592

Property Taxes

$559

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 500 Sylvan Avenue

Location
Location
  • School District Name: INTERBORO
  • School District County ID: 300200397355
  • SchoolDistrictSource: Listing Agent
  • County: DELAWARE
  • MLS Area: Glenolden Boro (10421)
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: $197,330
  • Year Assessed: 2021
  • County Tax: $591
  • Improvement Assessed Value: $154,970
  • City Town Tax: $1,282
  • Land Assessed Value: $42,360
  • Zoning: MULTIFAMILY
  • School Tax: $4,836
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Gas, Water
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
Multi Family
Unit 1
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
Unit 4
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 4
  • Full Baths Count: 1
Financial Information
Financial Information
  • Net Operating Income: $49,315
  • Annual Rental Income: $64,740
  • Income Includes: Apartment Rentals
  • Cap Rate: 9.60
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 2,228.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 45.00 x 111.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 472882
Parking
Parking
  • Type Of Parking: Attached Garage, Driveway
  • Num of Attached Garage Spaces: 1
  • Driveway - # of Spaces: 3
  • Total Garage Spaces: 1
  • Garage Features: Garage Door Opener
Interior Features
Interior Features
  • Fireplaces Count: 1
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 500 Sylvan Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 500 Sylvan Avenue

Taxable ValueLand$42,360Additions$154,970Total$197,330
Tax Record2023$6,923 ($577 / month)
Home Facts
Baths1Total Finished SqFt2,336 SqFtAbove Grade Finished SqFt2,336 SqFtStories2Lot Size4,840 SqFtStyleTriplexYear Built1930CountyDELAWAREAPN21-00-02056-00Fireplace TypeHas Fireplace

Schools near 500 Sylvan Avenue

This home is within Interboro School District.
Rating
School
Type
Grades
Distance
Public - 1 to 8
Public - 9 to 12
Private - PK to 8
Private - PK to 7
Rating
School
Distance
Glenolden School
Public1 to 8

Interboro Senior High School
Public9 to 12

St Gabriel Parish School
PrivatePK to 8

Arch Ryan School for Deaf
PrivatePK to 7

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.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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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.

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.