655 Drexel Avenue

Drexel Hill, PA 19026

$310,000
Last Sold Price
Beds
2,309 Sq. Ft.
$134 / Sq. Ft.
2,309
Sq. Ft.
$134
per Sq. Ft.

Description

3 UnitInvestment Property in Drexel Hill, PA. The property consists of two (2) 2 bedroom1 bathroom apartments and the ground floor is a doctor's office. The twoapartments have been renovated from top to bottom within the past two years withnew kitchens, new appliances, new floors, trim and many more upgrades. Thedoctor's office tenant has been in the same location for over 40 years and plans tostay a few more years. He's on a month to month lease, so could be relocated. The asset is well located...3 UnitInvestment Property in Drexel Hill, PA. The property consists of two (2) 2 bedroom1 bathroom apartments and the ground floor is a doctor's office. The twoapartments have been renovated from top to bottom within the past two years withnew kitchens, new appliances, new floors, trim and many more upgrades. Thedoctor's office tenant has been in the same location for over 40 years and plans tostay a few more years. He's on a month to month lease, so could be relocated. The asset is well located in a very solid submarket that has historically always hadan abundance of renters in need of housing. This building is unique in that it's theend unit and the only one on the block that offers the third unit downstairs.
  1. Listed by Brady M Carroll • KW Commercial
    P: 6102919895 bcarroll@kwcommercial.com

Property Details for 655 Drexel Avenue

Tax ID Number
16-11-00982-00
Ownership
Fee Simple
HOA
No
Structure Type
End of Row/Townhouse
Style
Colonial, Traditional
Waterfront
No
Garage
No
Subdivision
DREXEL HILL

Location

Listing Courtesy of KW Commercial

Sold By BHHS Fox & Roach-Chadds Ford

Add your commute
LISTING UPDATED: 02/15/2023 01:57 PM

Property Details for 655 Drexel Avenue

StatusClosed
MLS #PADE524268
Days on Market24
Taxes$6,324 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1952
Lot Size0.10 AC / 4,443 SF
CountyDelaware County

Location

Listing Courtesy of KW Commercial

Sold By BHHS Fox & Roach-Chadds Ford

Add your commute

Building Information for 655 Drexel Avenue

Stories-Residences1Year Built1952Building Size-Lot Size0.10 AC / 4,443 SF

Payment Calculator

$2,219 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,692

Property Taxes

$527

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 655 Drexel Avenue

Location
Location
  • Transportation: Airport less than 10 miles, Commuter Rail Station less than 1 mile
  • School District Name: UPPER DARBY
  • School District County ID: 300200397363
  • SchoolDistrictSource: Listing Agent
  • County: DELAWARE
  • MLS Area: Upper Darby Twp (10416)
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: 2019
  • Tax Assessed Value: $97,760
  • Year Assessed: 2020
  • County Tax: $534
  • Improvement Assessed Value: $62,620
  • City Town Tax: $2,090
  • Land Assessed Value: $35,140
  • Clean Green Assessed: No
  • Land Use Code: R-20
  • Zoning: MIXED USE
  • Tax Lot: 329-000
  • School Tax: $3,700
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Rent Spree Online Application: No
  • Concessions: Yes
  • Concessions Amount: $600
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Rent Control: No
Financial Information
Financial Information
  • Net Operating Income: $23,420
  • Annual Rental Income: $38,400
  • Cap Rate: 6.80
Building Info
Building Info
  • Year Major Reno Remodel: 2018
  • Building Units Total: 1
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 44.00 x 112.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 458390
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Parking Lot, Off Street
  • Parking Lot - # of Spaces: 5
  • Parking Features: Paved Parking, Private
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Electric Available, Natural Gas Available
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 655 Drexel 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 655 Drexel Avenue

Taxable ValueLand$43,650Additions$140,770Total$184,420
Tax Record2023$7,628 ($636 / month)
Home Facts
Baths2Total Finished SqFt2,645 SqFtAbove Grade Finished SqFt2,645 SqFtStories2Lot Size4,452 SqFtStyleDuplexYear Built1952Year Renovated2023CountyDELAWAREAPN16-11-00982-00

Schools near 655 Drexel Avenue

This home is within Upper Darby 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
Aronimink El School
PublicK to 5

Drexel Hill Middle School
Public6 to 8

Upper Darby Senior High School
Public9 to 12

St. Andrew 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

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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.

Listing Courtesy of KW Commercial

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.